1.How does the new cash collateral requirement affect me?

You are now required to maintain a minimum of 50% of the margin in the form of cash component, along with other non-cash component collateral such as stocks, securities, etc.

2. What happens if I don't maintain the required cash component?

In case of deficiency in the cash components, interest will be levied at the same rate of MTF (BSPL/E-Margin), in line with the prevalent market norms. It's important to maintain the required cash components to avoid incurring these charges.

3. How is the interest calculated?

Interest will be levied on the deficiency of cash components at the same rate of MTF (BSPL/E-Margin), in line with the prevalent market norms. The interest will be calculated on a daily basis.

4. Can I still use non-cash components for margin?

Yes, you can still use non-cash collateral such as stocks and securities for margin. However, a minimum of 50% of the margin must be maintained in the form of cash component.

 

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