Comment on Understanding the new margin pledge system — effective Aug 1, 2020
commented on
15 Aug 2020, 07:00 AM
Hi Team,
I have 52 securities pledged at the moment…are you saying that I will have to again pay 52 * 75 = 3900/- once the new system goes-live?
I think, for an existing pledged security, it should have been dealt in a more professional way to save retail investors by either:
* Negotiating with CDSL to not charge anything
OR
* Broker (Zerodha) should borne half of the new pledge fees
Hope I am making some point!
Kindly consider!
Thanks,
Dheeraj