What are the margin/fund requirements for an intraday trade?

The upfront margin requirement for intraday trades varies scripwise, starting at 20% of the transaction value. In other words, you can get up to 5 times leverage on intraday orders. 

For example, if you have Rs. 20,000 as margins in your trading account, you will be allowed to take intraday positions of up to Rs. 1 lakh (depending on the share).

Margins for your position can be maintained as either cash or pledged securities.

Scripwise intraday margin requirements can be checked on MyGeojit

Step 1. Log in to MyGeojit and select Market Data

Step 2. Select Scrips > Intraday Scrips

Step 3. Select the ExchangeMargin Range, etc., as required > Submit

Only certain securities are eligible to be traded intraday.

Still need help? Create Ticket