That 40rs is relevant when you have unfavorable steadiness in Account.
It actually says if the steadiness is unfavorable.
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Sure Rs 40 however solely on Saturdays and Sundays.
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Hello @hariom_mishra, the brokerage of Rs. 40 is relevant provided that your account at unfavorable steadiness, as defined within the article
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We’d like nudge earlier than inserting the order.
I dont perceive when it stated… Its relevant solely when your account is unfavorable, how one can place an order when the account is unfavorable?
The best option to go unfavorable is throughout peak margin utilization!
The sq. off’s completed then is taken into account with the revised brokerage
@ShubhS9 right me if i’m incorrect
ROMIO_HEISNAM:
I dont perceive when it stated… Its relevant solely when your account is unfavorable, how one can place an order when the account is unfavorable?
Whereas inserting orders for those who don’t have enough funds in your account the order is rejected.
Account steadiness can go unfavorable whereas exiting the prevailing place. For instance, for those who’re holding hedged place, the margin requirement is much less, now for those who shut the lengthy leg first, it will enhance the margin requirement for holding bare quick place. On this case, if there aren’t enough funds in your account, it’ll end in unfavorable steadiness.
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Will quick margin penalty will even be levied?
jatingarg:
Will quick margin penalty will even be levied?
The state of affairs defined above comes underneath upfront margin state of affairs, on this case margin penalty just isn’t relevant. Margin penalty is relevant solely in case of shortfall in non upfront margins.
This text explains it’s element:
help.zerodha.com
What’s a margin penalty, and why is it charged?
What’s a margin penalty, and why is it charged?
@ShubhS9
Let’s take a state of affairs
If my margin necessities enhance and it goes unfavorable
1,
I sq. off my place to convey it inside my margin availability. – so for these commerce i shall be charged a 40 rs. Brokerage.
Since now that I’ve introduced the place inside my out there margin. Would my additional trades for that day will nonetheless proceed to be charged at 40rs.