That 40rs is applicable if you have negative balance in Account.
It literally says if the balance is negative.
Tht too in fno
Yes Rs 40 but only on Saturdays and Sundays.
Hi @hariom_mishra, the brokerage of Rs. 40 is applicable only if your account at negative balance, as explained in the article
We need nudge before placing the order.
I dont understand when it said… Its applicable only when your account is negative, how one can place an order when the account is negative?
The simplest way to go negative is during peak margin usage!
The square off’s done then is considered with the revised brokerage
@ShubhS9 correct me if i am wrong
While placing orders if you don’t have sufficient funds in your account the order is rejected.
Account balance can go negative while exiting the existing position. For example, if you’re holding hedged position, the margin requirement is less, now if you close the long leg first, this will increase the margin requirement for holding naked short position. In this case, if there aren’t sufficient funds in your account, it’ll result in negative balance.