How will the margin pledge effect my positions and limits, if I have avail Margin Trade Funding (MTF) facility?
All clients (Both POA or NON-POA) availing the
Margin Trading Facility (MTF) facility, in order continue with this facility
need to initiate a “Future Pledge” request of the shares from our website or
your mobile app upto T+1 day by 4.00 p.m. To know about the process of
initiating pledge request, CLICK HERE
How do I create a Pledge?
Pledge can be created for following reasons. To avail margin funding facility if you wish you to carry forward your debit\ To avail margin benefit for taking intraday exposure To use shares as collateral to take positions in derivative segment. In ...
I have an existing debit balance and I am using your Margin funding facility. What will happen to my debit and shares?
If you are having debit balance in your ledger account and you wish to continue the debit even after September 1st 2020 then as a one time activity we have enabled a process of pledging for you. You can login to your Web trading platform from ...
Will I get limits of on securities which are lying in my demat account without creating a pledge?
Effective 1st September 2020, securities held in your Demat account will NOT be considered towards margins unless Margin Pledge is created. It means you will have to individually place a request for pledging your shares to avail margin benefit.
How to avail Margin Funding?
Accounts opened after 01/08/2018 has MTF facility as per consent provided by customers during account opening. Customers who opened their account before 01/08/2018 and are desirous of opting for MTF facility can do so by accepting the MTF terms ...
What is MTF and benefits of MTF?
It is a facility offered by brokers to its customers, who opt for it, to buy stocks with minimum required margin. It is buying stocks by partly putting your own money and rest being funded by the broker. You only pay for part of the value, rest being ...