Many times investors face the issue of immediate arrangement of funds in order to buy stocks when they see an upcoming opportunity. This shortage of funds leads to an opportunity lost.
We, at ICICIdirect, understand this pain and hence, we bring to you a facility with which you can use your own shares to create limits to trade when you are short on funds. This facility is Shares as Margin.
With Shares as Margin, you can make use of your existing shares that you own in your demat to generate instant limits to trade in Margin Broker and Margin Client modes.
*0.05% interest applicable in case of I-Secure and I-Saver brokerage plans