Capital Max Securities to Launch Smart Margin Trading Facility at 7.99% Interest Rate
Summary
Capital Max Securities Limited will launch a Smart Margin Trading Facility at 7.99% annual interest, allowing clients to borrow against approved limits of Rs. 1 million to Rs. 50 million. The service offers up to 70% financing, a 1 to 3 month tenure, and charges interest only on the amount actually used.
Key Points
- Capital Max Securities Limited is introducing a Smart Margin Trading Facility for clients seeking additional investment capacity and liquidity.
- The facility carries a 7.99% annual interest rate, with financing limits ranging from Rs. 1 million to Rs. 50 million.
- Clients must provide a minimum 30% margin, while the broker can finance up to 70% within approved limits.
- The company says interest will be charged only on the amount utilized, subject to regulatory rules and risk considerations.
