Comment on Zerodha - Margin Policies

Nithin Kamath commented on 12 Apr 2014, 10:20 AM

Akash,

Firstly, if you want to buy stocks for delivery, u need use the product type as CNC and not NRML. NRML is for trading F&O on overnight basis.

1. The money has to be first transferred to your trading account from savings, before you can purchase.
2. When you sell next day, money will come to your trading account in 2 days after you selling if you want to withdraw, but if you want to buy something else, you can do the same day.
3. Brokerage at Zerodha is Rs 20 flat per executed order or 0.1% whichever is lower for delivery based trading, so it won’t change.

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