Okay maāamā¦ So , 50% i.e only on 25k out of 50K will get chargedā¦ 0.0438% ā¦ Kindly remove my this doubt!
Actually I want to request Dhan to provide in detail information in a video ā¦ Cz you didnāt disclose charges or brokerage which is 20Rs or 0.03% ā¦ On MTF delivery.
Yes, you are right @BlackRock711 . Interest will be charged only on 25k. You can view the charges for MTF trades in the funding estimator while placing MTF trades on Dhan platforms.
Thank you so much for your valuable response!!
Hi Dhan has the best tech platform of all the brokers I have seen, can you please implement fixed deposit collateral option for pledging would be fantastic. Just because of this feature I need to look out for another broker. So my kind request please consider it.
So , I received
" Dear Akshay,
Greetings from Dhan.
This is to bring to your notice that you have an ageing debit of ā¹ 20583.98 on Dhan. The debit has already exceeded 6 days, holdings will get squared off automatically today by our systems.
Request you to make immediate payment to avoid auto square off.
This is a system generated email, please do not reply to this. Incase of any queries or discrepancy, please write to us on "
This message after Buying Abcapital Shares using money after Pledging my shares!
Aap sab kehte ho , we can use money after Pledging for long time and why this message? And also regarding to this Dhan Sold my Portfolio shares ( 4 LTTS And 3 CANBK) which were already pledged too!
Hi @BlackRock711,
Margin can be used as long as there is no debit in ledger. If there is a debit in ledger for more than 5 days, pledged stocks equivalent to the debit amount are squared-off to clear the debit on 6th day.
Please note buying Options or Stocks leads to a debit in the ledger for the equivalent amount. While trading in Futures and selling options leads to blocking of margin - debit happens for actual MTM loss.
Hope this helps to decide the best strategy to use margin pledge.
Sir, suppose I have 1 lakh worth of cash component only and if I buy options for intraday then should I be charged interest ?
Not as long as your ledger is in credit.
@JayK This is also a similar issue at my end. I get confused what the is ācashā remaining in my account. After pledging the shares, i get the margin and in my funds section it keeps showing what is the āmarginā available, but not cash (Is it opening balance ? ). Now everything is showing empty 'cause of quarterly settelments.
hello,
if I pledge 5lac rs gold bees, do I get 4lac as a margin rite?
if I use this margin only for intraday trading in mcx, will I be charged any interest or extra amount other than commission? or do I need 50:50 cash also to open a trade?
If securities pledged by you are considered Cash component, it will suffice as Cash for the 50:50 requirement.
Is Gold Bees considered a cash component?
The updated securities margin list is shared under our RMS policy. Here is it for your reference:
How long can I hold the pledge share? In mtf is unlimited but without mft how long can I hold
Hi @mondalsupratim610 You can keep shares pledged as long as you want, there is no time-limit on this.
Please help me with these queries.
1.) I have margin of 1 lakh rupees and 10k cash, now I buy stocks for 40k as long term holding(delivery). Can I hold the stocks without adding any additional cash? If yes, then how much DP charges I have to pay?
2.) Say I have cash-equivalent margin of 1 lakh(no real cash) and I buy stocks worth 40k for delivery. Will I have to pay cash in this case or not? And any DP charges applicable here?
Hi @TradeCoder
Welcome to the Dhan Community
In both instances, there are no DP charges that you need to pay. The collateral amount can be held for T+5 days only, further you have to clear the debit balance the same day to avoid any square off.
You can check the same on our website https://dhan.co/risk-management-policy/.
