The penalty charged per day per segment in case of shortfall in client margins is as follows:
* If margin shortfall amount is less than 1 lakh and it is less than 10% of applicable margin then 0.5% of shortfall amount is charged as penalty.
* If margin shortfall amount is greater than or equal to 1 lakh or it is greater than or equal to 10% of applicable margin then 1.0% of shortfall amount is charged as penalty.
Margin Shortfall |
Penalty Charged Per Day Per Segment |
(< Rs 1 lakh) And (< 10% of applicable margin) |
0.5% |
(≥ Rs 1 lakh) Or (≥ 10% of applicable margin) |
1.0% |
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