Comment on Online pledging of stocks for trading F&O

KAMAL MEHRA commented on 25 May 2016, 05:17 AM

I pledge shares of Rs. 1.00 lac and gets a margin say rs. 80000.00 . I have Rs. 2.00 Lacs as cash margin.
Now I use Rs. 2.50 lacs margin F&O and close the position before the closing of market. Will you charge the interest on rs. 50000.00 or if i carry forward the position for overnight only than you will debit the interest?
Pl. clarify.

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