How to opt for Margin in Zerodha?

Ram_Vanamali · February 5, 2019, 5:03pm

I am new to trading. One basic question regarding margin.
Lets assume I have 10000 rs free cash and can buy 100 shares each worth 100rs.
If i want to use margin in MIS and consider I can buy 1250 shares. Should I enter 1250 as share quantity or 100 while buying shares?
And also is there any option to use only some amount from free cash and remaining from margin for buying in intraday?

Prashi · February 5, 2019, 5:13pm

Check thismargin calculator- lets you calculate comprehensive margin requirements before taking a position.

Ram_Vanamali · February 5, 2019, 5:17pm

Thank You.

What about this?
also is there any option to use only some amount from free cash and remaining from margin for buying in intraday?

ksksat · February 6, 2019, 2:52am

@Ram_Vanamali don’t get confused sir
For both delivery CNC and MIS only ur free cash is used.

For MIS for 10k free cash u can buy say up to 50k worth shares. U have to mention desired share qty while buying for both CNC and MIS.

There is no demat shares as margin facility in Zerodha.

All margin amount gets calculated purely based on free cash.

Ram_Vanamali · February 6, 2019, 8:23am

Thank you.
If I buy shares in Margin MIS and convert to CNC? How does margin behave?

Devesh · February 6, 2019, 8:32am

Read zerodha varasity . In your initial trading face try to protect trading capital don’t expect profit. If you don’t bust your account in first year it will be a huge achievement.