General

How does “Intraday (Margin)” work?

In Intraday (Margin), trader only pays some portion of the total trade value upfront. The remaining portion is funded by the broker.

Let’s take an example, say Mr. Q wishes to buy 2 shares of WIPRO however he does not wish to spend his entire available balance on these shares and thus opts for Intraday. If this was a delivery trade, he would have had to pay Rs. 782, however as seen below he only needs to pay Rs. 156 since the trade is being done in Margin segment.

The amount which is blocked as margin is as mentioned below 20%.

Margin facility is available only for particular stocks. The whole list of eligible stocks along with the applicable rates can be viewed on the website.

To view on Old Website:

Click on Stocks > Services > Stock List.

New Website:

Click on Stocks (left panel) > Click on Services > Click on Stock List