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Loan Against Securities (LAS)
How does LAS work?
The broker gives margin to its customers for the securities held by the client in their demat account. Here are the steps about how collateral margin works:
- You transfer shares from your demat account to our beneficiary account through an off-market transfer.
- These shares are moved to your margin account held by our preferred DP.
- We calculate the margin amount based on the shares you transferred.
- You use this margin for trading.
- If you don't want these shares to be held by us for margin against a stock, you can ask us to transfer the shares back to your demat account.
