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Can anyone please suggest is there any interest charges on collateral margin? If yes, what is the interest charges on collateral margin? Example: if i p and take collateral margin 1Lk how much charges
Can anyone please suggest is there any interest charges on collateral margin? If yes, what is the interest charges on collateral margin? Example: if i p and take collateral margin 1Lk how much charges
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There no interest charges on collateral margin, pledging and unpledge are also free of cost.
Thank you @Ankit Singh
Hey @Prem Kumar Mudivarthi,
There is no interest levied on collaterals. In fact, it is not recommended to go for such brokers who do. Why? We have a detailed answer to this. Kindly go through this thread.
The cost for pledge/unpledge is ZERO w.e.f. 1st March 2021.
You can refer to our Support Article for more details.
Hope this helps!