How do I avail funding benefits everytime I trade with 5paisa?
How do I avail funding benefits everytime I trade with 5paisa?
To avail funding benefits while trading, you need to follow the below easy steps-
Ensure your MarginPlus is activated, then purchase any MTF-eligible stocks
If your account goes into debit greater than Rs.500, then you’ll receive communication from 5paisa and CDSL via email and SMS
The message will contain a link, which will redirect you to the CDSL page, where you will need to fill in your PAN or Demat account number and proceed
Now select the stocks you wish to pledge and then click on generate OTP
You’ll then receive an OTP on our registered mobile number
If you successfully enter the OTP and pledge your shares within T+1 days of purchase, 5paisa will fund your debit, and you will be able to hold onto your shares for a longer period of time
If you do not accept the OTP within T+1, your position will be squared off by T+6, unless you add the required funds or square off your position
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 ...
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 ...
Each time you trade there are few charges that will be levied basis the segment. Please note, if you have an active subscription/pricing plan then you will be charged lesser rates as per your plan. Note: 18% GST applicable on all the above charges ...
All clients (Both POA or NON-POA) availing of the Margin Trading Facility (MTF) facility, in order to continue with this facility, need to initiate a “Future Pledge” request of the shares from our website or your mobile app up to T+1 day by 12 PM. To ...
All clients availing of the Margin Trading Facility (MTF) facility, in order to continue with this facility, need to initiate a “Future Pledge” request of the shares from our website or mobile app up to T+1 day by 12 PM