What is the cash-collateral margin requirement at FYERS?

What is the cash-collateral margin requirement at FYERS?

When trading using collateral margins from pledged holdings, you are required to maintain at least 50% of the margin requirement in cash or cash-equivalent instruments. This policy ensures compliance with industry regulations and promotes financial stability in trading operations.

Example: 

If your total margin requirement is ₹1,00,000, you need to hold at least ₹50,000 in cash or cash-equivalent assets. If you do not maintain the required 50% in cash or cash-equivalents, an interest charge of 15% per annum will be applied to the shortfall amount.

For detailed information on how interest is calculated and applied, please refer to this article.