But the Money we receive after pledging the stocks can only be used for Future and option transaction that too require 50% actual cash component
In short if I pledge stock worth Rs. 100 after haircut (usually 20-25% for most of the stocks - can be checked according to stocks in the list) I will get Rs.75. For using this Rs.75 I need to deposit another Rs. 75 cash, then I can trade in F&O for Rs. 150
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