| Trading is all about making best use of opportunities as they emerge in the market. Margin Funding provides instant liquidity to explore such opportunities. And now MTF is available online. |
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| Features | ||||||
 Easy and prompt account opening formalities |
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| Margin funding of up to 50% of the purchase value |
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| Online brokerage @ 0.30% |
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| Shares purchased are credited to customers Demat account maintained specifically for the purpose of Margin Trading |
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| All corporate benifits will be received by the client directly |
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| A seperate ledger is maintained for MTF. On purchase required margin will be transfered to MTF ledger |
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| Automated enhancement of buying power through Fund transfers, NEFT |
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| Instant enhancement of MTF buying power on selling Dmat holding or on closing FAO positions |
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| Order placement facility through Online, branch & Call centre |
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| Order placement in MTF enabled for both browser and application platforms |
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| No processing fees |
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| Access to statements & holdings through Customer care site, available 24 X 7 |
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Terms & Conditions |
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Margin calls are made if there is fall of 10% in the Margin Funded Portfolio. Margins can be replenished by transferring funds from Normal Trading account. Liquidation if margins are not topped up on a 20% fall in the Margin Funded Portfolio. In such an event liquidation will be at the lenders discretion. This is a product to facilitate investments for short term. Interest is charged at Rs 55 per Lac Per day on daily basis and accounted on monthly basis. Margin Funding available only for selected scrips traded in NSE. List of scrip available in Customer Care site. Margin Ratios
While placing orders Client has to select the Product “MTF” from order window. Net outstanding quantity in NSE on a day will only be considered for marking in MTF. eg. a) Bought 500 RIL in MTF and bought 100 RIL in Cash = only 500 will be marked in MTF.b) Bought 500 RIL in MTF and sold 200 RIL in Cash = only 300 will be marked in MTF c) Sold 200 RIL in MTF and bought 500 Ril in Cash = No quantity will be marked in MTF. Client will receive 300 share in his normal account. d) In the case of selling, MTF holding can be sold only through MTF option MTF can be availed against clear Ledger balance.
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