Good News!
Starting 10 June, eligible customers will enjoy zero pledge and unpledge charges across Margin Pledge, MTF Pledge, and CUSPA Pledge.
This benefit is available to customers with a portfolio value (including Ledger Balance) of βΉ5 lakh or more and who are not on a custom brokerage plan.
Say goodbye to pledge and unpledge charges and make the most of your investments at no additional cost.
Example (Before vs After: Pledge & Unpledge Charges Waiver)
| Particulars | Before 10 June | From 10 June Onwards |
|---|---|---|
| Buy Price | βΉ 800 | βΉ 800 |
| Customer Margin Invested | βΉ 200 | βΉ 200 |
| Funded Amount (4x leverage) | βΉ 600 | βΉ 600 |
| Pledge + Unpledge Charges | βΉ 47.20 | βΉ 0 |
| Sell Price | βΉ 850 | βΉ 850 |
| Gross Profit | βΉ 50 | βΉ 50 |
| Net Profit | βΉ 2.80 | βΉ 50 |
| ROI | 1.40% | 25% |
Key Insight
Removing pledge and unpledge charges eliminates transaction cost leakage and improves overall returns.