Which brokers can use third party deposit for colllteral

For collateral I would prefer to use fixed deposit and I just found out that instead using shares in demat one can make a third party deposit made out to NSE clearing house.

Can u please suggest which discount brokers give that facility?
Does Zerodha offer such facility?
also when zerodha gives margin funding against shares …what is the interest rate they are charging?

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No, we don’t

We aren’t yet doing margin funding, but we will down the line.

Dear @curiousvi ,

WISDOM CAPITAL allow FD AS collateral contact them.

:slight_smile:

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