Comment on Basics on SLB (Stock Lending & Borrowing)

santosh commented on 31 Aug 2019, 12:28 PM

Hey Matti,
Even HDFC Sec does not have online support for SLB. They take the request on call and send it to their Mumbai team for execution. You can also start taking in offline mode.
I feel this is a huge benefit for long term investors, It is something like getting dividend multiple times in a year.
As I example I would say yesterday Amar Raja traded Rs10. margin in SLB, which is a nice way to make risk free money.
One of my friends who has account both with Zerodha and HDFC Sec is now predominantly using his HDFC Sec account to accumulate stocks, so that he can use HDFC Sec SLB facilty.
Hope you start SLB facility soon.
Regards,
-Santosh

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