When is a margin penalty debited to my ledger?

If you incur a margin penalty, the cut-off date for margin reporting is T+5 days. Your account is then charged on T+6, when the penalty report is received from the exchanges.

In other words,

If you have a margin shortfall on a trade executed on Wednesdays (T day),
Geojit will report your margin shortfall (if any) to the exchange on T+5 (i.e, next Wednesday).
And your ledger will be debited based on the penalty report received from the exchange on T+6 (i.e., next Thursday).

You will receive an email in the following format from the email id info@geojit.com.

Alert! -Initial margin call (TRADE CODE)

Dear CLIENT NAME,

Greetings from Geojit!

Sub: Margin usage (End of the Day) crosses 104 % of total collaterals

Ref: TRADE CODE

We would like to bring to your attention that your present Margin usage (EOD) has crossed 104 % and your positions may be squared off if the usage breaches 100%. The details are given below:

Collateral Value	Margin usage	Usage %	Shortage
354813	370632	104	15819

In view of the above, we request you to ensure sufficient collaterals/funds, to avoid margin shortages. If we are required to square off, it will be done on a best effort basis.

Please ignore this alert if you have already squared off your position/ transferred funds/ cleared deliveries.

Our order management system will check for upfront margins at the time of order entry and any penalty on other margin shortages, including MTM, may be passed on to your ledger.

In case of any queries, please do not hesitate to contact us. We look forward to your continued patronage and assure you of our best services.

Security Notice: We will never ask for your login ID, password, or OTP. Please refrain from sharing this information with anyone. Your security is our top priority.

Message Generated Time: Jul 11 2025 3:16PM

Warm Regards,
Geojit

For more details, please contact:

Toll Free: 1800 425 5501 / 1800 103 5501, Paid Line: +91 484 3911 777
E- mail: customercare@geojit.com

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