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Did You Konw - 24 :- Margin Funding (MTF) through Flip.
Margin Funding (MTF) through Flip.
Client needs to mark the trade as MTF while placing orders .
If MTF ledger is funded with additional 50% apart from the mandatory requirement of 50%, then no interest is charged on the MTF holdings.
Clients can transfer extra funds from normal ledger to MTF ledger using the link MTF Fund transfer request provided in Customer care site.
Buying power = Normal ledger+ MTF ledger.
Under Portfolio of flip terminals the shares lying in MTF DP will be shown separately.
Customer care site also gives information like Eligible scrips in MTF, ledger statement, holding statement of MTF etc