Prabhudas Lilladher Margin

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The doubts relating to Prabhudas Lilladher Margin are expected as there is little information available online. So, to clear the air, let’s discuss the margin funding in detail. But before that, let’s know the stockbroker in brief.

Prabhudas Lilladher is a 1944 SEBI registered stockbroker under the leadership of Mr. Prabhudas Lilladher Shethi. It is said to be one of the oldest stockbrokers in the Indian stock market.

It is a full-service stockbroker and is popularly known as PL India. It is headquartered in Mumbai and facilitates its clients to trade in multiple financial segments like:

Since trading in these financial segments requires multiple exchange memberships, it is NSE, BSE, and MCX member. Further, it also a member of CDSL, NSDL, and AMFI.

Now that we know about the depository participant let’s talk about margin.

Margin is similar to bank loans. Margin is taking money from the stockbroker to trade in a financial segment and returning the money as per the lender’s terms and conditions.

Let’s learn about it in detail.

Prabhudas Lilladher Margin Funding

Prabhudas Lilladher margin facility is extended only in one financial segment, i.e., equity. Prabhudas Lilladher provides a 2 – 3 times margin for Delivery trading and 7 – 8 times for Intraday trading.

This information has also been tabulated below:

 

The difference between these two percentages is the lock-in period of the money lent. In intraday trading, the broker is sure that the money will be credited back the same day as the trade is squared off at the end of the business day.

On the other hand, in delivery trading, the money may get locked in for weeks, months, or years altogether. Thus, the margin percentage is always lesser in the case of delivery trading.


Conclusion

Prabhudas Lilladher is a full-service broker that has provided decent profits to its clients and grown over the years satisfactorily. It offers a range of services just like every full-service stockbroker.

Further, it extends trading facility in multiple financial segments and margin facility in only one of them. The Prabhudas Lilladher Margin percentages for the equity segment in Intraday and Delivery trading have been discussed above.

We hope this article helped you in learning about Prabhudas Lilladher margin funding.

Happy trading!

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