How do I get additional leverage with Finvasia?

At Finvasia, the leverage charges are calculated based on your available balance in your trading account and the stock category for which the leverage is requested. Here are the steps to get additional leverage:

1. Log in to back office PRISM and select 'Leverage Request'
2. You will see multiple categories including 2x (Free), 3x (Bronze), 4x (Silver) and 5x (Platinum). The default is 2x (Free).
3. Based on the need, you can select the category. Once selected, you can see all the information such as Effective Date, Leverage Cost, Minimum Balance Required, and Auto Square Off %.
4. Once you click 'Submit', you will receive an OTP on your mobile.
5. Once confirm OTP, additional limits are activated from the Effective Date choose.
6. To discontinue the service, select 'Deactivate' button on the same page. The services will be disabled on the effective date.

Please Note:

• All requests (activate or deactivate leverage) received before 2 PM shall be enabled on next working day.
• Charges are only debited for the days you have availed the services.
• The additional leverage is available for trading at NSE, BSE and MCX.
• Based on your daily MTM, limits and charges are auto adjusted.
• Same day activation is not available at this time.