From when are the new MarginPlus (funding at 5paisa) interest rate changes applicable?
The Update in interest rates for MarginPlus will be effective from 1st October 2022.
If you have any open MTF positions as on 1st October 2022, the interest charged on all your MTF positions from that day onwards will be according to the new rates as per your Networth slabs*
*If your Networth is above 1Cr then the interest rates charged will be 0.045% per day
If your Networth is between 5Lac and 1cr then the interest rates will be 0.05% per day
If your Networth is below 5Lac then the interest rates will be 0.06% per day.
What are the changes in interest rates in Margin plus (funding at 5paisa)?
We’re thrilled to announce that you can now start trading with leverage at a reduced interest rate. MarginPlus is the most preferred feature that helps every trader/investor to meet their cash margin requirements in all segments, and avail of ...
FAQs on Margin Plus (Funding at 5paisa)
Q 1) What is Margin Plus(funding at 5paisa)? MarginPlus is an exclusive facility designed by 5paisa for its users, which gives you the ability to trade in all segments using your entire net available margin! i.e. with MarginPlus you can trade ...
How are the interest rates calculated in Margin Plus (funding at 5paisa)?
Below are a few examples to illustrate how interest will be calculated Cash Segment Example 1: Suppose you have Stocks worth Rs.2Cr. In your Demat account, an available ledger balance of Rs.15Lac. Here your Networth will be Rs.2.15Cr. Stocks in Demat ...
What is Margin Plus(funding at 5paisa)?
MarginPlus is an exclusive facility designed by 5paisa for its users, which gives you the ability to trade in all segments using your entire net available margin! i.e. with MarginPlus you can trade entirely using collateral margin (pledged ...
How to deactivate MarginPlus (Funding at 5paisa)?
Follow these easy steps to deactivate the MarginPlus- Login to your account Go to the live market section Select any stock, the advance order page will appear At the bottom of the screen, you’ll see the 'Learn More' option Click on 'Learn More,' ...