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

**URL:** https://tradingqna.com/t/indian-clearing-corporation-ltd-to-pay-4-per-cent-interest-on-cash-collateral/93070
**Category:** General
**Created:** [October 21, 2020, 2:51pm UTC](https://tradingqna.com/t/indian-clearing-corporation-ltd-to-pay-4-per-cent-interest-on-cash-collateral/93070 "2020-10-21T14:51:06Z")
**Posts on this page:** 1
**Showing post:** 3

<div class="post-metadata">

### Author: ![Prayag](https://tradingqna.com/user_avatar/tradingqna.com/prayag/32/33755_2.png) [@Prayag](https://tradingqna.com/u/Prayag)
#### Post date: [October 23, 2020, 2:42am UTC](https://tradingqna.com/t/indian-clearing-corporation-ltd-to-pay-4-per-cent-interest-on-cash-collateral/93070/3 "2020-10-23T02:42:24Z")

</div>

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.

> [@Everything you need to know about interoperability](https://tradingqna.com/t/everything-you-need-to-know-about-interoperability/59895/1):
>
> ZBL has opted to clear it’s trades through NCL.

But I have my own doubt, Is cash collateral deposited with clearing corporations, the clearing member’s (like [Zerodha](https://zerodha.com/z-connect/zerodha/zero-clearing-charges-from-22nd-march-for-equity-fo)) own money or does it consist of client’s money as well?

---

_[View the full topic](https://tradingqna.com/t/indian-clearing-corporation-ltd-to-pay-4-per-cent-interest-on-cash-collateral/93070)._