@Ushnota If i dont have cash margin but only SGBs which i will pledge for collateral margin and create a option buy position then how much interest would be charged in this scenario
Hi @Arvin720,
If you don’t have cash margin and rely solely on SGBs pledged for collateral, here’s how it works:
- Cash Margin: No interest is applied.
- Non-Cash Equivalent Margin (like SGBs): If you don’t maintain a 50:50 cash-collateral ratio and carry forward your position, you will be charged an interest at 0.05% per day on the amount funded to meet this ratio.
You can read detailed margin pledge policy and FAQs here - Margin Pledge Policy and FAQs - Upstox Help Center
Hope this helps.