- Home
- Products & Services
- Capital Market
- Equities
- Risk Management
- Margin Shortfall
Margin Shortfall
- Equities
- Exchange Traded Fund
- Indices
- Mutual Funds
- Securities Lending & Borrowing
- Sovereign Gold Bonds
Margin Shortfall
In case of any shortfall in margin:
- The members shall not be permitted to trade with immediate effect.
- There is a penalty for margin violation
Penalty applicable for margin violation is levied on a monthly basis based on slabs as mentioned below:
| Instances of Disablement | Penalty to be levied |
|---|---|
| 1st instance | 0.07% per day |
| 2nd to 5th instance of disablement | 0.07% per day +Rs.5000/- per instance from 2nd to 5th instance |
| 6th to 10th instance of disablement | 0.07% per day+ Rs. 20000 ( for 2nd to 5th instance) +Rs.10000/- per instance from 6th to 10th instance |
| 11th instance onwards | 0.07% per day +Rs. 70,000/- (for 2nd to 10th instance) +Rs.10000/- per instance from 11th instance onwards. Additionally, the member will be referred to the Disciplinary Action Committee for suitable action |
Instances as mentioned above shall refer to all disablements during market hours in a calendar month. The penal charge of 0.07% per day shall is applicable on all disablements due to margin violation anytime during the day.
Updated on: 03/01/2023
