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Does Zerodha provide leverage against the available funds in my trading account?

Zerodha provides leverage or margin when intraday orders are placed (MIS or CO) based on the prescribed peak margin requirements by SEBI and can be checked by visiting To learn more about peak margin requirements, visit No additional margins are provided.

As stated in this circular (WEB), providing additional margins based on their account balance through an NBFC and charging interest on the borrowed margin is a severe regulation violation, and brokers are not allowed to engage in this practice.