Comment on Online pledging of stocks for trading F&O
commented on
03 Jul 2016, 01:08 AM
Dear Nitin
Thanks for providing such interactive platform. Recently I was on SBI Smart. No one was asking questions there because no one was there to answer. Now we have got you and Venu, so everyone have got issues 🙂
A crude question: 50% Cash (minimum) + 50% Collateral (maximum) is required to have 100% margin. On debit balance, I would be levied 18% p.a. There is no defined upper limit of Cash (obviously 🙂 100%). Say I am going for 100% cash or any combination of cash-collateral, how at max much I can borrow from you?