Does 5paisa charge any interest for exposure money?

Yes, 5paisa charges interest rates on the amount loaned to customers as margin funding. The 5paisa margin interest rate is 18% per annum calculated monthly.

5 paisa margin funding is a facility offered by the stock broker to its customers. A margin funding is a loan like a facility wherein a customer can trade in select stocks (approved by Exchanges and 5paisa) by paying a fraction of the total trade value. The rest of the amount is paid by the stock broker to the exchange.

The margin limits vary depending on the trade type and stocks category. For example, 5paisa margin for delivery limit is up to 4x. So, if a client has Rs 10,000 in his account then he can trade up to Rs 40,000. Similarly, 5paisa intraday margin in up to 20x. So, with Rs 10,000 in his account, an intraday trader can trade up to Rs 2 lakhs.

 Open Instant Account - Start Trading Today