Intraday margins through pledging

[ShubhS9]

@amit9

Since phase wise intraday leverage would be gone, currently to write one nifty option, mis margin is around 35k in zerodha. This won’t directly become NRML margin of 1.5 Lakh around from dec 1st itself ?

No, it won’t directly increase to 1.5 lakhs, it will increase in phases from December 1st.

@amit9

Can you tell me approx how much it would become from dec1st to the next phase and so on ?

It has been explained in this post.