Brokers that offer some Interest payout for Funds like Banks

General
1

Is there any Brokers that offer some Interest payout for available Funds in trading account like Banks?

1 Like
2

Brokers such as Icici Direct. Our accounts with icici direct are mapped to icici bank and all our float money are maintained in my sb account and hence do get interest. I think if you opt for so called full fledged brokers where you pay in brokerage, then you get this benefit.

3

The way I understand this is like you are expecting interest for the available funds in your trading account. This sounds more like fixed deposits or savings account interest.

4

Exactly