what is the interest rate on margin trading

i am new to trading ,i want to know about margin trading for intra day trading my question is if i want to buy a shre of A at rs3000,i need 100 number ie,tatal money =300000
if the broker allow me to 4 times margin trade
then 300000/4 =75000 ok
then .025 is my intraday brokerage
if i got 350000 as the return (intraday) ok

for margin trading is any other money is payed to the broker ?

16.67%...... huuuuuge.

Yeah, 75k is enough to trade shares worth 3L if your broker offer 4 times exposure. Other than brokerage, you need to pay statutory levies which will come around Rs. 19/- per lakh (50k buy + 50k Sell).

There will be no interest on margin you borrow from your broker provided you cover your position before closing bell.

total 119 is reduced from 350000, is it right

I don't get you, exactly.

What's 119?
What's 350000? (If its sell value, what happened to buy value?, you didn't take it to calculate your charges)

Just take this eg and do your math with your buy/sell value

Assume, you have bought 50k worth shares and sold 50k worth shares.

Here your gross profit is Rs. 0/-
Brokerage is Rs. 25/-
Service tax on brokerage Rs. 3/- (rounded)
Other statutory levies (including STT, Stamp duty, Transaction charges, SEBI Charges, Service tax) is Rs. 19/- (Rounded)
Total debit of Rs. 47/-

thanks i got it
if i buy @ rs 3L (300000)
sell @3L
THEN brokerage is 25*6=rs 150
ie,150+22=172
debt=172 ok

I don't know from where you get Rs. 22/- and why you left statutory levies.

Total debit is Rs. 276/- (Refer Snapshot)

I am sure this will be helpful. Just follow this link.

http://www.traderji.com/beginners-g...e-stock-exchange-transactions.html#post400083

This snap helps you to understand better.



First one is the amount you will get charged. Second one is % and formula... (just for your understanding)