Comment on Online pledging of stocks for trading F&O

Mehul Shah commented on 03 Feb 2016, 03:20 PM

Dear Nithin,

At the time of opening the trading cum Demat account i have specifically asked your sales person whether I will charged any interest or not for utilizing my own margin, at that time i received a answer that no any interest will be chargeable. Now all of the sudden Zerodha is talking of charging interest on the negative balance / cash shortfall. this was not the case with IL & FS demat account whcih my friends are using.

Interest will be a huge cost for small traders like me.

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