NSE Margin Calculator

Calculate the exact cash required to open intraday and F&O positions as per latest SEBI rules.

Understanding Margin Rules in Indian Markets

Since the implementation of SEBI's Peak Margin rules, trading on the National Stock Exchange (NSE) requires 100% of the prescribed margin to be available upfront. This applies to both intraday and carry-forward positions.

Types of Margins

  • VAR + ELM Margin: Applied to equity cash segment trades. Standard intraday leverage is capped at 5x (20% margin).
  • SPAN Margin: The minimum mandatory margin required by the exchange to cover the risk of a derivative position.
  • Exposure Margin: Additional margin required over and above SPAN margin to cover MTM (Mark-to-Market) fluctuations.

SEBI Peak Margin Penalty

If your account balance falls below the required margin at any point during the day (as captured in 4 random snapshots by the exchange), a penalty is levied on the shortfall amount. Always keep a 5-10% buffer in your trading account.

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