Advantage AxisDirect

E-Margin



Now create positions in E-Margin with just 25% funds and carry it upto 90 trading days.


E-Margin is a unique product where you can buy stocks in delivery with margin as low as 25% and carry it for the next 90 trading days. During the 90 day trading period, you can either square off or take delivery of your position by bringing in the remaining funds.


To avail E-Margin facility you just need to accept the updated T&C (including rights and obligations). And this facility will be enabled from next working day.



FEATURES & BENEFITS



  • Reduced margins

    Buy stocks with margins as low as 25% (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 you positions

    For next 90 trading days



  • 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 the due date

  • Delayed payment charges

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

There are more than 500 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+90' 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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