Indian Clearing Corporation Ltd to pay 4 per cent interest on cash collateral .

Zerodha clears its trades via NSE’s Clearing Corporation (NCL) and not ICCL, hence it is unlikely that Zerodha’s clients can benefit from this.

But I have my own doubt, Is cash collateral deposited with clearing corporations, the clearing member’s (like Zerodha) own money or does it consist of client’s money as well?