Interest on the margin money lending in FNO Trading

Zerodha
1

Hi,

When we trade positional FNO in Zerodha, we borrow margin money.
When we close our positions, does this borrowed money goes back to zerodha in “exact” amount or some interest is charged to use this borrow money?
(I am not talking about MTM but margin money that we get to trade by paying SPAN+EXPOSURE margin.)

If we keep our positions active for a month, is there any extra money that is deducted by Zerodha from our SPAN+EXPOSURE during return to our account?

Thanks.

Angel Kaushish

2

As long as you have required SPAN+Exposure, you will be having sufficient margin to hold your position. There is no concept of funding a F&O position. So no, there is no extra money deducted.

2 Likes
3

Thanks dear Nithin :slight_smile:

4

Hi,
If any problem AJANTPHARM using intraday cover order…because this stock one of settled physically on nse info so i asked…