If a margin shortfall is not resolved after the alert is sent, Samco’s system will step in automatically. What the system does: Your open positions may be squared off partially or fully to bring the margin back to the required level If squaring off positions is not enough, the pledged […]
What Happens if There is a Margin Shortfall?
A margin shortfall occurs when the value of your pledged collateral falls below the required margin level usually because the market price of your pledged shares has dropped. What happens when a shortfall is triggered: Alert sent – Samco notifies you immediately via SMS and email Action required – You […]
Which Segments Can I Trade In Using StockPlus Margin?
StockPlus margin can be used across F&O, currency derivatives, and select equity order types. It cannot be used for regular delivery or standard intraday equity orders. Where StockPlus margin can be used: NSE Equity – Cover Orders and Bracket Orders NSE Equity Derivatives – Futures (MIS, Bracket, and Cover Orders) […]
What is a Haircut?
A haircut is the percentage deducted from the market value of your pledged shares to arrive at the actual margin you receive. It is not a fee, it is a risk adjustment to account for potential price movements in the pledged stock. Example Priya pledges shares worth ₹1,00,000. The haircut […]
How Much Margin Will I Get?
The margin you receive depends on the market value of your pledged shares and the haircut applicable to that stock. A haircut is a percentage deducted from the current market value of your holdings. What remains after the deduction is your usable margin. Example Rahul holds shares worth ₹1,00,000 and […]
What Are the Charges for StockPlus?
There is no sign-up fee or subscription charge to activate StockPlus on your Samco account. The charges that apply are: Pledge and unpledge requests – ₹30 + GST per request This flat charge applies to every pledge or unpledge request, regardless of the value of securities involved and whether you […]
Who Can Use StockPlus?
Any Samco account holder with eligible holdings in their Demat can use StockPlus. There is no separate sign-up fee or application process. What you need: An active Samco trading and Demat account Eligible holdings – equity shares, ETFs, or approved mutual fund units Holdings must be free and unencumbered not […]
What is StockPlus?
StockPlus is a Samco facility that lets you generate trading margin by pledging the shares already sitting in your Demat account without selling them or adding fresh cash. Once you pledge your eligible stocks, ETFs, or mutual fund units, the margin generated against them can be used for intraday or […]
Where Can I Refer to the MTF Policy Note?
If you want to understand the full terms and conditions of the Margin Trading Facility, Samco has a dedicated policy note that covers everything in detail from eligible stocks and margin requirements to interest rates, pledging rules, and auto square-off conditions. This document is useful if you want to know […]
Can I Use Profits from My MTF Trades to Buy More Stocks Under MTF?
Yes. Once you close an MTF position, the proceeds are settled as follows: The funded amount is repaid to Samco Accrued interest is deducted The remaining balance your original margin plus any profit is credited to your account You can use this credited balance as margin for a new MTF […]
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