Upfront Margin
Use Your Existing Shares as Margin & Start a Trade with ZERO Upfront Cash
Imagine you spot a great buying opportunity in your favourite stock. You want to buy it right away, before the stock price runs up.
But you are not able to buy the desired quantity because you have limited funds in your trading account.
In the stock markets, time is money. Forget hours, even a few seconds can make a big difference.
Start a Trade with Zero Cash
Use your existing shares as margin. Just keep your shares pledged and be trade ready. So, whenever a trading opportunity arises, you can act instantly.
If you wait to transfer funds from your bank account to your trading account, it could result in a missed opportunity.
With Kotak Neo, you never have to worry about missing any opportunity. We have the perfectly designed solution for you.
Make the most out of your trades
Ways to Provide Margin for Your Trades
The easiest and fastest way is cash. In order to provide margin for a trade, you can simply transfer the required amount by way of a fund transfer from your bank account to your trading account.
Is there another way to provide margin?
Yes, in fact, you can even start a trade without having to make any fund transfer. Kotak Neo offers you the option to start a trade with zero upfront cash.
Use Your Existing Shares as Margin & Start a Trade with ZERO Upfront Cash
Instead of paying upfront cash for starting a trade, you can use the existing shares/securities in your demat account to fulfil the upfront margin requirement.
You just need to follow a simple and secure OTP-based pledging process with NSDL and avail margin against your shares/securities.
In this case too, you would have two days to make payment for your stock purchase.
With this facility, you can take full advantage of the existing shares/securities in your demat account for starting new trades.
Once we receive the confirmation from NSDL, we shall provide margin against the selected shares/securities. Check the margins here.
Note: There will be a time lag to consider your shares/securities as margin since there is no real time confirmation of pledges provided by the Depositories as of now. As such, it is recommended that you pledge your shares/securities in advance so that when you wish to start a trade, you have the margin already available.
Frequently Asked Questions
Note: Upfront margins are required to be provided in advance of trade. Other margins such as Mark-to-market margin (MTM), delivery margin, special/additional Margin or such other margins as may be prescribed from time to time, shall be collected within 'T+2' working days from the clients. The clients must ensure that the upfront margins are paid in advance of trade and other margins are paid as soon as margin calls are made by the Brokers.