Upfront Collection of Margin ( which is Var Plus ELM ), to the extent mentioned on NSE website at given link NSE Var Margin File for CM Segment is minimum required to be collected for CM Segment from 1st January, 2020. Stock Broker is required to report margin collection for CM segment also from 1st Jan 2020. There will be penalty on client from 1st April,2020. Between 1st Jan2020 to 31st March 2020, Stock Broker is given time to become full compliant. Hence from 1st Jan 2020 , all Stock Broker are required to collect minimum margin even for Intra-Day Trade given the above link of NSE.