Published Oct 12, 2024
Stock Plus allows you to get exposure/margin against your shares by pledging them as collateral.
Example:
Suppose you wish to buy 1 lot of BANK NIFTY in your trading account, which requires approximately Rs. 1.5 lakh as carry forward margin. Now, if you have Rs. 75,000 in cash and shares worth Rs. 1 lakh in your account, you can pledge them to get Rs. 75,000 as collateral (assuming a 25% haircut) and initiate the trade.
Segment / Product | NRML | MIS | BO/CO |
Cash | NA | YES | YES |
Future | YES | YES | YES |
Option Buy | YES | YES | YES |
Option Sell | YES | YES | YES |
Commodity | YES | YES | YES |
Charges:
Pledging and Un-pledging:
50:50 Cash vs Collateral:
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