Are there any interest charges on using collateral margin by pledge Share?
There is no interest in using collateral margin facility with us.
For getting the collateral margin, 50% of the margin needs to be compulsorily available in cash. The ratio of cash margin & collateral margin should be 50:50.
If you don’t maintain a sufficient cash margin and the shortfall is funded by non-cash collateral, there will be delayed payment charges on the shortfall.
There are pledged and unpledged charges of Rs 40+ GST per transaction.