5paisa told me that they don't provide margin against shares

Is it true that 5paisa.com does not provide margin against our shares ?

or its just misunderstanding on employee’s part ?

Zerodha and Upstox provide margin against shares or not?

Even IB(Interactive Brokers) has stopped it from September. I think it is gng to be new norm with brokers having no NBFC licence or no tie up with any banking entity…

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Do you mean India bulls?
What about IIFL …which is a parent company of 5paisa.com?

Yes, Zerodha and Upstox does.