Intraday Margin penalty?

[Utkarsh_Saxena]

Hi , I would like to know is there any margin penalty in intraday equity segment?

And if there is how it works?

[Ch_ag]

Penalty is not applicable for intraday equity trades…

Check this post to know possible margin penalty scenarios

NSE Circular on Short margin penalty refund

Sharing something we had written for internal use. I will put a detailed blog on this. Circular is applicable for both cash and FO. But in cash there is never any margin penalty issue as the margin is a fixed 20% for intraday and for overnight anyways full money is collected. What are the examples of upfront penalty? We do not allow clients to enter positions without upfront margins collected. However, there are instances where the upfront margin required increases intraday due to the follow…

[Utkarsh_Saxena]

Thanks for the reply ,

Does this also mean EOD shortfall penalty also doesn’t apply on intraday equity?

[Yogarajan_V]

when you close the trade by 3.30 there is no EOD concept.

[Utkarsh_Saxena]

Thank you for clarifying.