What is Interest on Stock Plus/Ledger Debit?
Interest on Stock Plus/Ledger Debit is a small fee charged when you use margin beyond your optimal balance. It’s calculated at 0.05% of the maximum margin used.
Formula:
Interest = Maximum Optimal Margin Used × 0.05%.
For example, if you use ₹1,00,000 margin, the daily interest would be just ₹50.
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