For Intraday trading with margin facility, a Margins Penalty is levied for not keeping sufficient margin in the trading account. A trader is required to always have enough margin in their trading account. In case of any shortfall, funds must be added without delay.
Margin shortfall Penalty on shortfall
(< ₹1 lakh) And (< 10% of applicable margin)
0.5%
(>= ₹1 lakh) Or (>= 10% of applicable margin)
1.0%
A 5% penalty is applicable for any margin shortfall for more than 3 consecutive days.
A 5% penalty for more than 5 incidents of shortfall in a calendar month.