As you must already be aware, the latest NSE circular on Margin Collection & Reporting, permits users to use 100% of the total sale proceeds of free holdings (earlier 80%) for further trades on the same day. We are pleased to inform you that this will come into effect on Dhan starting 15th Oct, 2024.
Let’s understand with an example:
You sold shares worth Rs 1,00,000 today. In the current scenario, you can use only 80% of that value, i.e, Rs 80,000 for further trades. However , the latest regulations allow the entire Early Payin (EPI) value of sold securities without reduction of 20% upfront margin to be available as margin for positions across all segments. Essentially this means that you can use the entire Rs 1,00,000 in the above example to take further positions in the market.
Please take note of this and accordingly take positions.