Axis direct provides 75% margin for delivery trades to hold for 90 days

Brokers
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As title says you have to pay only 25% of the contract value and they will provide 75% @ 18% pa and you can hold for 90 days…

I am confused …thought SEBI stopped this practice and they don’t allow brokers to provide this type of margin mainly for delivery trades?

Or it is not implemented yet and will impalement from May 2021? @ShubhS9 @siva

1 Like
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Likely this is margin funding, and it is allowed for equity delivery trades. We should also allow this in next few months.

2 Likes
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So even after May or sept 2021 - it will continue?

4

Yes.