IIRC, someone from the Zerodha team had, in the past, mentioned in this forum that the margin reported to NSCCL includes payins done during the day.
Are you saying that if I transfer funds to my account in tranches multiple times in a day, Zerodha will report multiple margin values to NSCCL based on the time the funds get credited to my Zerodha account?
Ah my bad, @VenuMadhav just responded to me. We donāt have time stamps on fund transfers done on the same day. So yeah, transferring funds when you think you have exceeded works. Unfortunately, no way for us to show how much you could have exceeded.
why canāt zerodha share the figures it is receiving in all four snapshots which it receives by 3.30 mostly.
I donāt understand why zerodha does not want to share those files.
In the same way margin reporting can be done on the gross value by the broker instead of the net value after haircut.
Kindly verifyā¦
hmmā¦ no, we donāt receive any snapshots on the same day. We just report the margins and if it is short a penalty is applied.
No, canāt be done on gross value. SEBI has clear regulations on what % of security can be used as collateral margin.
Sorry to keep repeating this again n again, but Iām pretty sure NSE provides mg13XXXXXp 1,mg13XXXXXXp 2,mg13XXXXXp 3,mg13XXXXp 4 files trough ftp which contain the peak margins of each client in that interval.
I logged a complaint in SEBI scores and got back all the peak margin penalty charged by the broker.
Can u share what was SEBI SCORESā reply to your complaint? May be helpful for others who were also charged this ridiculous peak margin penalty.
Name, state and city are visible enough ā¦ 
Hello,
I want to understand 80%/20% margin restriction on buying back same scrip, which was sold during the day from demat account. Please respond in light of FAQ no. 20 in BSE circular https://www.bseindia.com/downloads1/Margin_Reporting_Guidelines.pdf. Screenshot attached.
This FAQ recognise that additional margin is not required when net quantity is nil. While this FAQ is issued in context of first buy and then sell, it recognise fundamental principle that there is no subsequent risk to broker or the system after a transaction is squared off. Also in case of selling through demat account, broker already has 100% margin (trade being a delivery trade).
Thank you.
Regards
Piyush
Hi @Pchawla,
Let me briefly explain the margin collection and reporting concept for trades before answering your question.
When a customer buys or sells a security, brokers are mandated to collect a 20% upfront margin from the client, applicable to both delivery-based and intraday trades. This requirement ensures that a minimum margin of 20% is collected for each trade, as per SEBIās latest circular to avoid penalties.
The FAQ quoted by you is not the latest one. You can check SEBIās circular, specifically point no. 3, which clarifies that the collection of a minimum margin of 20% for each trade is must.
However, in the case of delivery sale trades, the mandatory collection of this 20% margin is not necessary if the broker performs an Early Pay-In (EPI) of the stock sold by the client to the Clearing Corporation. The EPI process effectively minimizes the risk of default, thereby removing the need for the upfront margin.
Regarding the credit from selling a holding, exchanges permit only 80% of the credited amount to be available for subsequent trades or for repurchasing the same scrip on the same day. The remaining 20% of the credit balance becomes available on the next day. This regulation ensures adequate risk management and compliance with exchange guidelines.
For further details, you can refer to the NSE FAQ no.1 which provides additional clarity on this subject.
