Debit Funding facility is offered by 5paisa to its customers to buy stocks in delivery with the minimum required margin. It is buying stocks by partly putting your own money and the rest being funded by 5paisa. Not only this, we fund any debit that is greater than Rs 5,000.
For instance, with Debit Funding if you want to purchase shares worth Rs 20,000, you need not have to pay the entire amount, instead, you can do that by just having Rs 5,000 in your account and reap the benefit of a higher return on your capital.
To avail debit funding facility from 5paisa, below are the steps to be followed:
Check the link “Debit Funding” in the margin section of an app.
Copy your Pancard number from the page, then it will redirect you to the CDSL website, enter the details and complete the procedure
OR
Go to your email and check an email you must have got from CDSL
Click on the link in an email, and you will be redirected to the CDSL page
Enter PAN No and OTP for authorization.
Great, your debit is now funded by 5paisa. For more details click on the link