I Value

Will I be charged interest for using shares as margin in Futures & Options if I am subscribed to iVALUE plan?

Yes, interest may apply depending on how you use the margin:

a. Overnight positions: If you hold your Futures & Options position beyond the same trading day using shares as margin, interest is charged at 9.85% p.a. on the utilized amount.

b. Intraday positions: If you square off your position within the same day, no interest is charged.