Advantage AxisDirect



E-Margin now get best from better!!!


E-Margin is a unique product where you can buy stocks with margins as low as 20% and carry it for T+30 days on BSE exchange. Whats more, you get upto Rs 500 brokerage cashback against delivery brokerage generated on E-Margin positions.



FEATURES & BENEFITS




  • Reduced margins

    Buy stocks with margins as low as 20% (as against 100% in case of Delivery position)

  • Use Collateral as Margins

    Use your existing stocks as margin and create limits to buy stocks in E-Margin

  • Hold your positions

    Upto T+30 days in BSE and upto T+5 days in NSE

  • Convert to delivery

    Option to "convert to delivery" by paying outstanding purchase consideration

  • Square off

    Option to "square-off" your open position any time before square off due date

  • Delayed payment charges

    Nominal delayed payment charge of 18% p.a. on outstanding amount


There are more than 450 stocks enabled for E-Margin. To view complete list of stocks eligible for E-Margin: Visit AxisDirect > Trading section > Report > Stock eligibility report.




Note:


AxisDirect reserves the right to modify the 'T+5/30' day in NSE/BSE for square off either by reducing the days or by extending it further, due to regulatory guidelines or otherwise


In case of uncovered mark to market losses or margins, the positions may be squared off by Axis Direct as risk containment measure

Insights

Main Office Address

Unit No. 2, Phoenix Market City,15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070.

Email Address

In case of any queries please write to: helpdesk@axisdirect.in

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