Step-by-step guide to avail Margin Trading Facility:
Step 1: Open Demat and Trading account with Bajaj Broking.
Step 2: Login to the Bajaj Broking platform.
Step 3: Search the name of share that you want to buy under MTF.
Step 4: Click on ‘BUY’.
Step 5: Various order types are displayed, select ‘MARGIN’.
Step 6: Check that you have enough fund to meet the minimum margin requirement.
Step 7: Click on ‘BUY’ and confirm the order.
Step 8: After the market hours, you will get an email and SMS from CDSL to authorise the MTF pledge request.
Frequently asked questions
With a margin account, a trader can borrow money from a broker instead of having to put up the entire trade's worth. A margin account often enables a trader to trade other financial products, such as futures and options.
You can visit the Bajaj Broking website and avail Margin Trading Facility.
The four main types of margins in trading are:
- Initial Margin
- Maintenance Margin
- Variation Margin
- Margin Call
There are three variants of MTF interest rates:
- Freedom Pack offers MTF interest rate of 18% p.a.
- Professional Pack offers MTF interest rate of app