There is no fixed 5-day or 10-day minimum borrowing period in SLB; contracts are available in monthly series and expire on the first Tuesday of the contract month, so you can effectively hold borrowed shares until that expiry (up to 12 months depending on the series chosen and Currently, Zerodha supports SLB orders only for Series B on NSE). The minimum quantity to borrow is 500 shares per scrip.
Charges include 20% of the lending/borrowing fee plus 18% GST, along with applicable DP charges (₹13 + GST per debit).
DDPI is mandatory to activate and use SLB services, and it is required for both borrowing and lending shares.
No, these limits are not set by the exchange. They are Zerodha’s operational limits because SLB requests are currently handled offline via support tickets.
Once the SLB feature is available fully online on the platform, we plan to reduce the minimum limits for both borrowing and lending.
In Dhan I see that there are almost no volumes in SLB and the orders remain open for days. Also, it seems like everyone just wants to be a lender with hardly any borrowers.
Surely the SLBM order book on Dhan is across all brokers, right? Or only of Dhan?
Since you’ve mentioned timeline, I think the management said that US investment would launch this quarter, and I think to be honest, we all know its only by the end of 2026 would Zerodha finish the product.
I think we should have had atleast got an idea about what’s on offer, pricing, some teasers, etc.
US investing is one of our top priority, we are working on it. Should come by June end.
SLBM is not in our current priority, will take more time, can’t give any ETA.
Much appreciated. It would also be better if you compile a list of FAQs of US investing, such as is intraday allowed, is BTST allowed and some of those sorts.
