I pledge stocks and use margin on it to trade F&O. How will interest charge be calculated?

[nithin]

@SachinSingh

“The benefit for the above securities are subject to the Overall limit. Member-wise limit and Liquid Asset Limit as stated in the Circular Ref. No.NSE/CMPT/19572. Dated December-13-2011.”

What does this mean? Is there some limitation regarding the amount which can be pledged? Mainly interested wrt liquid fund here.
@VenuMadhav

There is a member wise limit on how much of a particular stock can be pledged. It shouldn’t matter as we are nowhere near the limit on any scrip, including liquid funds.