Axis direct provide emargin - they provide 75% margin for delivery shares up to 90 days

[curiousv]

Hello I found axis direct provides 75% margin for you to hold delivery shares up to 90 days @ 18% interest PA

But I thought sebi stopped such practice ? or those rules are not implemented yet?

Does IIFL provide such margin for their Z20 plan?

Or any other broker like Angel provide such?

 

[newtrader101]

Samco has Cashplus and other plans on the same rate, but 90 days I'm not sure

 

[curiousv]

Do you have an account with SAMCO ? I have read many negative reviews so I am concerned.

 

[newtrader101]

Not really happy.
The only ones that I didnt find really serious issues now are Sharekhan and Finvasia (till now).

 

[curiousv]

So may I know what kind of problem you have with Samco?