Margin Trading Facility (E-Margin)
The E-Margin facility not only empowers you with extra buying power, but also positions you with the added extra time for your positional trades.
You can buy stocks today and pay up to T+275 days. That simply means you can hold on to your stocks for 275 trading days. And a higher leverage means an opportunity to amplify your profit potential.
- Buy stocks today and pay on or before T+ 275 days (To avail the benefit of T+275, kindly agree to terms & conditions while placing E-margin order through M-Powered and Mobile App)
- Enhances your buying power as you need to pay only a small portion of the stock value
- Amplify your profit potential due to an increase in the investment horizon
- Nominal delayed interest charge of around 0.05% per day on the outstanding amount, until your position is settled
- Provides higher leverage to benefit from short-term market fluctuations
How does it work?
- Login to your trading account
- Click on Buy, Select the exchange
- Enter the first 3 characters & select the company
- Select product as "E-margin"
- Enter the required quantity and price of the scrip
- Click on Know your Margin to calculate the margin requirement to place the order
- Place order & track your order status in the order book
- To square off your transaction on or before T+275 days, select Open Positions
The additional margin is debited from the limits. It is the client's responsibility to check the adequacy of margins at all times and mark a hold on the required funds for increasing the limits in order to avoid Square off of the position/s by HDFC securities.
Margin will be released after deducting loss on square off (if any) and this limit can be utilized for trading in other equity product