Get cash collateral benefit of your pledged liquid assets

Get cash collateral benefit of your pledged liquid assets

Dear Customer.

 

You can now get cash collateral benefit of your pledged liquid assets against margin requirement of F&O position to save on delayed payment charges.

 

Click here to check the scrips that can be pledged to avail this benefit.

 

Have a look at below example to see how much you can save on DPC.

 

Date

Ledger Balance

Margin Requirement

Liquid Collateral (Cash Collateral)

Collateral Benefit

Applicable DPC Balance as per current process

Applicable DPC Balance as per old process

DPC Charges as per current process(0.06%/day)

DPC Charges as per old process(0.06%/day)

Amount saved on DPC


A

B

C

D = min ( B, C)

A - B + D

A-B




28-Jun-21

0

100000

200000

100000

0

-100000

0

60

60

29-Jun-21

0

100000

80000

80000

-20000

-100000

12

60

48

30-Jun-21

-50000

100000

150000

100000

-50000

-150000

30

90

60

Total





-70000

-350000

42

210

168

 

 

Please note: In all above examples, non cash collateral is considered as 0. In case you have any non cash collateral, you would continue to receive benefit of the same as per the existing rule i.e. 50% of Margin required or Non Cash Collateral whichever is lower.