Pledging 50% liquidbees and 50% ETF

Zerodha Zerodha platforms
1

Question is related to pledging and trading in FNO.

Equity ETF pledged: 100000/- Margin amount 85000/-
Liquidbees pledged 100000/- Margin amount 90000/-
Cash: 0/-
Can you tell me what will be the total margin amount available without any cash being used and without any interest levy charges ?
Can I use the Liquidbees margin instead of 50% cash that will be required on Equity ETF pledging ?

2

Yes, liquidbees is considered as a cash equivalent. So yes, it will cover for the 50% cash required against the 50% collateral margin, required to carry FO positions. No interest charges as long as you maintain the 50% cash-50% collateral and your account value doesn’t go into debit.