Charges on Margin Provided for Pledged atocks

Gangavarapu · September 18, 2022, 12:38pm

Hi Team
Would like to Know if Dhan Charges interest for Margin Provided on Pledged atocks.

PravinJ · September 19, 2022, 5:49am

Welcome to Dhan community. The charges for margin against pledge are two components:
a. Pledge / Un-pledge: INR 12.5 / transaction for every scrip
b. Interest Rates for funds utilised: 0.049% per day

Gangavarapu · September 19, 2022, 4:06pm

Kindly Correct me If I am Incorrect, So Even if i trade by Maintaining Cash to collateral Margin below 50% for the positions taken I will be charged this Interest?

PravinJ · September 19, 2022, 4:34pm

Request you to go through this, our team has explained in detail over here: Important Update: On Margins, Usage of Broker Funds, and Interest Charges

Gangavarapu · September 19, 2022, 4:44pm

Thanks for Being Ethical!

TusharDhan · March 22, 2023, 7:11am

How I can pledge …can you please help

JayK · March 22, 2023, 8:06am

Hi @TusharDhan,

Welcome to Dhan Community. Here is a video for the pledge process