Active traders need instant funding options to cash in on opportunities and to ward of threats. Margin Trading Facility (MTF) is a scheme approved by SEBI, with features similar to a credit card, which can provide instant funding up to 50% for short term trades, be it even for a day at a time. There is absolutely no obligation to borrow and you pay only for what you use, at just 55 paise per day per Rs. 1000. All you need to do is to sign the MTF agreement at your branch and open a separate DP account at a one time cost of just Rs.250.
Once registered you can seek funding by choosing MTF to place the order. You can also request transfer of funds available in MTF account ( cash for withdrawal) to your trading account , anytime. Thus Margin Trading facility also doubles up as an instant Loan against Shares and helps you meet payin obligations resulting from leveraged trades ! Money on click from the trading terminal itself for durations as short as even one day at a time!
While we do not suggest that you borrow, we strongly recommend that you reserve a right to seek funding whenever you need, by registering for MTF. It is your credit card and not a loan.
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