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Does Nirmal Bang offer margin lending against shares?

Zerodha (Flat Rs 20 Per Trade)

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Yes, Nirmal Bang is an NBFC which offers margin funding facility against the collateral of shares. The investors have to maintain an LTV ratio of 50% for margin. If the value remains below 50% within 5-days, the broker has rights to liquidate the securities and fulfil the money requirement up to the maintenance margin amount.



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