ICICIdirect Executive Thank you for the query. We would like to inform you that Shares pledged as margins have 0 interest cost for all Derivative products and only a nominal pledging fee.
Please note if subscribed to ICICIdirect NEO plan, utilizing Shares as Margin facility in Derivatives, then Interest is charged at a rate of 0.025% per day on 100% of Shares as Margin under ICICIdirect Neo plan with effect from January 1, 2021.
ICICIdirect Executive Thank you for the query. We would like to inform you that Shares pledged as margins have 0 interest cost for all Derivative products and only a nominal pledging fee.
