Knowledge Base

Unlock Higher Trading Limits with Samco StockPlus

Leverage can be a powerful tool in trading, allowing you to maximize your market opportunities without deploying extra capital. Samco StockPlus is a pledge-based margin facility that enables traders to use their existing shares as collateral to get additional trading limits. This feature allows investors to trade more without selling their holdings, making it an efficient way to utilize capital.

What is Samco StockPlus?

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Samco StockPlus is a margin trading facility (MTF) that allows traders to pledge their stocks and receive additional margin for trading in the stock market. This enables traders to increase their exposure while keeping their investments intact.

Why Use Samco StockPlus?

Retain Your Investments – Continue earning dividends and price appreciation while using your stocks for margin.
Increase Trading Power – Get extra funds to trade without additional capital.
Flexible & Transparent – Easily pledge and unpledge stocks as per your requirements.
SEBI-Regulated & Safe – Trade securely with a transparent and compliant process.

Charges

Pledge Charges

For pledging stocks, a charge of ₹30 + GST per ISIN applies.

Unpledge Charges

Unpledging stocks also incurs a fee of ₹30 + GST per ISIN.

Instant Unpledge Charges

For those who need to unpledge their stocks instantly, the charge is ₹60 + GST per ISIN.

Important Note:
Once you submit your OTP for an instant unpledge request, the system will automatically sell the pledged assets within 30 minutes after OTP submission in the back office.

Interest Charges for StockPlus

Q: What is the interest charge for StockPlus?
A: An interest charge of 0.05% per day is applicable for StockPlus.

This interest is calculated daily and can impact the overall cost of holding a position, so it’s important to factor this into your financial decisions.

Turnaround Time

• Pledge: The process takes up to 24 working hours to complete.
• Unpledge: Similar to pledging, unpledging also has a TAT of 24 working hours.
• Instant Unpledge: If you opt for an instant unpledge, the collateral will be released within 30 minutes after OTP submission in the back office.

When will my pledge margin be credited?

The collateral margin from your pledged stocks will be credited to your account within 24 working hours.

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