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.
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.
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.
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.