What are the important points to be remember before we take BMFD product?

What are the important points to be remember before we take BMFD product?

1.Clear the payment of purchase of unapproved stocks and stock purchased in BSE within T+6.
2.Clear dues towards Brokerage, statutory charges, Interest, Intraday losses, Derivative segment losses as debit arising due to these transactions will fall under T+6 risk selling criteria.
3.Clear existing trading ledger debit prior to activation of broker funding otherwise debit will fall under T+6.
4.Additional margin will be required for unrealized losses on funded stocks.
5.Maintain positive AHV (After Haircut Value) cover to avoid shortfall instance, that is, debit should not be more than after haircut value of stocks.
6.Booked loss of funded stock (Buy Price - Sell Price) will be payable by you and will be debited in your trading ledger.
7.Stock purchased under funding and stock given as margin will be pledged, and pledge charges are applicable.
8. Trading margin will not be available on unrealized profit of funded stocks.
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