m.Stock offers one of the lowest interest rates in the market at 9.99% per annum on Pledge Shares. For example, if you borrow ₹100, the annual interest would be ₹9.99, which works out to just ₹0.027 per day. The interest charges are applicable only from the day one starts using the margin amount.
Pledge creation charge remains 0 whereas unpledge charge is applicable of Rs. 32 per PSN (Pledge Sequence Number) per day (+GST)
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