Then you can transfer money when you want to buy stocks, till that time earn saving interest from bank.
Alternatively can invest in liquid bees and whenever you want to take delivery, sell these liquidbees and immediately buy stocks you want but only 80% will be realized on same day.
I personally believe one should not bother much about parking idle funds when liquidity is main concern, I mean one should not bother of earning that extra 50 basis points, let it be in bank or liquidbees, anyhow fixed returns are way too low now and likely will continue the same for next year also.
I was under the impression that we cannot trade equity intraday using margin from pledging based on this article.
“You will be able to use this entire margin after haircut for taking intraday or overnight positions in Futures, and for writing Options of equities, indices, and currencies. You will not be able to use this margin to buy Options or take further positions on the equity segment.”
But reading from your linked post, it seems we can !
“The margin received from pledging i.e. collateral margin can be used for trading Equity Intraday, futures & options writing. The collateral margin will be adjusted for the price variations in the security at the end of each trading day, which can be checked on Console under Portfolio> Holdings.”
So if i pledge Nifty bees worth 1L today and say get 90k margin, i will be able to use all of this margin to trade stocks cash intraday and further without needing 50% from cash ?
Would be handy in managing broker balance and dealing with quarterly settlement delays in other brokers ( Z is fast thankfully … )