General

Is there any interest charged under iVALUE for using Shares as Margin in the Derivative segment?

With ICICI Direct’s Share as Margin (SAM) feature, you can use 100% of the value of your pledged securities as margin in F&O trading, subject to applicable haircuts — no upfront cash margin needed. However, interest charges vary based on your brokerage plan.

Interest Rates by Plan:

Prime Plan Customers:

a. Intraday Positions: 0% interest

b. Overnight Positions: 0% interest

iValue Plan Customers:

a. Intraday Positions: 0% interest

b. Overnight Positions: Interest is charged at 9.85% per annum.