About margin required

F&O
1

If any one buy banknifty fut 1 lot.( 25700)
Margin may be 106000.
When banknifty fall down @ 25000.
means loss 700 ×40= 28000
I will not add money in account.
Again fall down 1000 and banknifty on 24000.
means 1000×40=40000 loss again
Total loss 68000 .
When close my position by exchange or Zerodha…???

3

Pl.nithin sir advise me

4

if the client cant maintain the SPAN margin , positions will be squared off automatically …