@S P Toshniwal
1. Can shares be pledged without giving POA?
Yes , You can as depository client of ProStocks. Technology is in Place. However as of now we consider ledger balance as margin and do not consider shares as margin until sold as delivery.
2. Can collateral value be used fully or one has to maintain 50% cash balance?
As and when we begin taking margin as shares pledge , We will do 50: 50.
3. If I don't trade for some months, do I have to still pay 899 for those months?
1. Can shares be pledged without giving POA?
Yes , You can as depository client of ProStocks. Technology is in Place. However as of now we consider ledger balance as margin and do not consider shares as margin until sold as delivery.
2. Can collateral value be used fully or one has to maintain 50% cash balance?
As and when we begin taking margin as shares pledge , We will do 50: 50.
3. If I don't trade for some months, do I have to still pay 899 for those months?
Read more Monthly Brokerage Plan for Resident Individual by ProStocks