Suppose I have 5 lacs worth of liquid bees which I have pledged to get margin for derivatives trading. Can the same liquid bees be used to get loan from zedodha capital without any loss in margin?
Once you’ve pledged Liquidbees for margins, it is earmarked to Zerodha Broking Limited. These units of Liquidbees can again not be pledged anywhere else, like say Zerodha Capital to get a loan on it. Only once you’ve unpledged the shares from Zerodha, you can pledge them with Zerodha Capital to get a loan against securities. P.S., the haircut for all securities on Zerodha Capital is 55%. Check the approved list here.