Leveraged position for 7 days:
Traders can enjoy a leveraged position in the market for 7 days for delivery trades. The settlement cycle followed will be T+2+5 days.
Enhanced trading potential:
Traders can enhance their investment potential by up to 4 times for delivery trading. For example, if a trader wants to buy 100 shares priced at Rs. 8000 per share, he can do so by paying an initial margin amount of Rs. 2 lakhs and the balance amount of Rs. 6 lakhs can be paid within T+2+5 day.
The outstanding amount, i.e. Rs. 6 lakhs, in this case, can be effectively utilised for taking additional positions.
Applicable for a wide range of scrips:
Trade and Carry facility is applicable for a wide range of scrips. Thus, traders can diversify their portfolio with ease.