ICICIDIRECT advance against Stock


Anyone using ICICIDirect.com and have availed there offer 50% funds against Securities Pledge. Please advise.

How it works and how much interest they charge on a daily basis.

They are ******* (fill in any number of gross adjectives you want), please don't use ICICIDirect. I got bankrupt trading with them. Their brokerages would swallow any profits you make in the market and would eat away your capital too. They are horrible, horrible people!

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