KBL Securities Introduces Margin Trading Facility of Up to Rs. 5 Crore at 7.5% Interest
Summary
KBL Securities Limited has introduced a margin trading facility of up to Rs. 5 crore for secondary market investors at 7.5% annual interest. The service allows interest to be charged only on the utilised amount and can be used for 8 to 94 days.
Key Points
- KBL Securities Limited has launched a margin trading facility for investors in the secondary market.
- The facility offers loans of up to Rs. 5 crore per investor at 7.5% annual interest.
- Interest will be charged only on the amount utilised, with no upfront payment required.
- The tenure for the facility ranges from 8 to 94 days.
