Hello,
One my friend suggested me to open trading a/c at India Capital markets. Does anyone know about this. This broking firm gives credit upto 1 year only the condition is you should maintain 150000 cash/shares in your account. The rate of interest is 18% p.a.
The credit/margin is given upto 4 times.
Please give your idea whether it is ok to open a/c.
Thank You
SachinM
One my friend suggested me to open trading a/c at India Capital markets. Does anyone know about this. This broking firm gives credit upto 1 year only the condition is you should maintain 150000 cash/shares in your account. The rate of interest is 18% p.a.
The credit/margin is given upto 4 times.
Please give your idea whether it is ok to open a/c.
Thank You
SachinM