List of scrips available for pledging under MAS

The list of scrips available for pledging under MAS has about 1000+ stocks in it. This list is decided as per TradeSmart’s internal risk policies. It will be reviewed periodically and updated accordingly.

Margin Against Shares Trading in Demat
Margin Against Shares Trading in Demat

List of scrips available for pledging under MAS

The list of scrips available for pledging under MAS has about 1000+ stocks in it. This list is decided as per TradeSmart’s internal risk policies. It will be reviewed periodically and updated accordingly.

Margin Against Shares Trading in Demat

Charges

There shall be charges of Rs 15 for pledging and Rs 15 for unpledging + GST per scrip for the day irrespective of the quantity. So if you have pledged 100 quantity of Reliance and 200 quantity of ACC you will be charged Rs.30 (15*2) exclusive of the GST. The pledge charges will be debited from your ledger the day you place the pledge request. Similarly, the charges will be applicable for unpledging.

Brokerage plans

MAS is available for 0.007% (Value Plan) and Rs 15 (Power Plan) brokerage plans only.

Value

Ideal for smaller trade size

0.007% Brokerage

  • Brokerage: Intraday Cash, Futures, Currency, Commodities » 0.007%, Delivery » 0.07%, Options » Rs 7 per lot
  • Get intraday exposure of upto 7x on Equities, 1.33x on F&O, Currency and Commodities.
  • Get Margin against shares
  • No minimum commitment
Start Trading

Power

Ideal for bigger trade size

Rs.15 Brokerage

  • Brokerage: Rs. 15 per executed order, regardless of the trade size or segment
  • Get intraday exposure of upto 7x on Equities, 1.33x on F&O, Currency and Commodities.
  • Get Margin against shares
  • No minimum commitment
Start Trading

Get More exposure with Margin Against Shares

Margin Against Shares

April 21, 2016

How To Get Margin Against Shares And Trade Without Cash Balance?

Margin against shares (MAS) is basically a value added service. It allows you to get exposure/ margin against shares in your demat account by keeping them as collateral (pledge). The collateral value of these shares is calculated after applying a hair-cut.

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Common questions

To give you maximum benefit out of your online demat account, TradeSmart offers Margin Against Shares (MAS) as a value-added service. MAS allows you to use your demat account online to pledge your shares as a collateral and get extra value from your online share trading activities.

The list of scripts available for pledging under MAS includes around 1000+ stocks. This list is created as per TradeSmart’s internal risk policies. It will be reviewed periodically and updated accordingly.

MAS is available for 0.007% (Value Plan) and Rs. 15 (Power Plan) brokerage plans only.

The MAS facility will be available for all our trading platforms i.e. Desktop, Mobile and Browser.

To avail the MAS facility for your account, you should have an online demat account with us.

There shall be charges of Rs 15 for pledging and Rs 15 for unpledging + GST per scrip for the day irrespective of the quantity. So if you have pledged 100 quantity of Reliance and 200 quantity of ACC you will be charged Rs.30 (15*2) exclusive of the GST. The pledge charges will be debited from your ledger the day you place the pledge request. Similarly, the charges will be applicable for unpledging.

To avail the service, you should place a pledge request. The pledge charges will be debited from your ledger the day you place the pledge request. Keep your shares as a collateral using your online demat account. The collateral value is derived after applying the hair-cut value. You can sell pledged shares directly without unpledging.

The valuation of pledged shares after hair-cut will be shown under “Collateral value” column in “RMS View Limits” report in NEST Trader and NEST Web.

There shall be charges ofr Rs.15 + GST per scrip/per day for unpledging of shares.

For F&O and currency trading, the Exchanges accept maximum of 50% margin in shares and the remaining 50% needs to be in cash. The collateral received from you will be given to the exchange against your margin requirements. In case the cash margin is less than 50%, delayed payment charge @ 0.05% per day will be levied on the amount funded by us. Please refer to this link to know more

Margin Against Shares (MAS) is available for segments such as Cash, F&O, and Currency Derivatives. MAS service is unavailable for Options Contracts, commodity segment or for buying securities in CNC.

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