Can i take equity cash position with unsettled funds? will their be any margin penality

Hi Team,

Can I take new equity cash position with unsettled funds? will their be any margin penality

You can use the proceeds received from sale of stock from your holdings to purchase other stocks, there will be no penalty. More on this has has been explained here

Hi Team,

Is there any possibilities that cash position is charged with margin penality?

Yeah, rare cases when one is dealing with ASM/GSM stocks, otherwise it should not as I know.