Can I pledge my holdings to take an F&O position?
- A minimum of 50% of the margin is to be maintained as cash or cash equivalent collateral.
- The remaining can be brought as cash or pledged margins (after the applicable haircut).
- If 50% of the margin is not maintained as cash or cash equivalent collateral, interest will be charged on the shortfall amount @ 0.05% per day.
|Total Margin||Pledge Margin||Cash Margin||Interest Chargeable Amount|
|Rs. 10,000||NIL||Rs. 10,000||NIL|
|Rs. 10,000||Rs. 3,000||Rs. 7,000||NIL|
|Rs. 10,000||Rs. 5,000||Rs. 5,000||NIL|
|Rs. 10,000||Rs. 7,000||Rs. 3,000|
|Rs. 10,000||Rs. 10,000||NIL|
Still need help? Create Ticket