Comment on Zerodha - Margin Policies

Nithin Kamath commented on 09 Jan 2015, 01:22 PM

Penalty is charged by the exchange when the margin in your account is lesser than the minimum SPAN margin required for the futures. So for Nifty 10 lots, if SPAN is 140k and your account balance becomes 100k. So for this shortfall of Rs 40000, you are charged a penalty of 1% which is Rs 400. This is 1% per day.

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