What is Margin funding?
Margin trading helps you borrow money from your broker to purchase stocks. This allows you to buy more stocks with the amount of money you have in your trading account. To avail this facility, you need a margin account with your broker.
The margin can be given in the form of cash or shares as collateral depending upon the availability with the respective investor. In this transaction the broker funds the balance amount.
Steps To Enable Margin funding
Step 1
Verify your client code, accept T&C & generate consent.
Step 2
Receive a confirmation mail in your email ID, with attached POA & Request letter. For your credentials, please login to BO.
Step 3
Fill the POA & Request letter & send mail to our mail id.
Step 4
Once verified, you will receive a verification mail. Then you can investing
Benefits
1. Maximum returns due to greater leverage.
2. Higher buying power.
3. More income generating options.
4. interest on margin loans is tax deductible.
For Withdrawal
In case you wish to withdraw available credit from your MTF a/c, you can drop us to our email by mentioning payment request for the required amount. You may then put in a Requested amount will be transferred to your registered bank a/c.