Are you provide MAS amount in Eq delivery

Feature Requests
1

are you provide MAS amount in Eq delivery

2

Hi @Sashank_Patil,

Welcome to the Upstox Community!

Yes, from tomorrow it will be enabled for all. We can’t wait for you to start using it and giving us your feedback :slight_smile:

3

Hey I see that the feature to use collateral margin for equity delivery has been enabled but I had some questions related to that, can you please help me understand the below points -
(Assumption - I have Rs 10,000 worth of shares in holding and I have pledged them and have got a margin of Rs 8000 after consideration of 20% margin)

  1. Can I buy a share worth Rs 7500 entirely from the margin amount without paying any cash?
  2. What are the charges will I be incurring If I go ahead with point 1.
  3. Can I use this margin to buy shares in MTF?
  4. If the feature in point 3 is available then considering the below scenario, how much charges will I have to pay -
    Share X of 50 Quantity bought in MTF using collateral margin of Rs 7500 (Considering the assumption stated at the beginning of these questions)
4

Hi @Aritra_42747106,

Welcome to the Upstox Community!

I’ve already answered your queries in another thread: Query Regarding Using Collateral Margin For Equity Delivery - #2 by Ushnota