What are the eligibility criterias for placing SLB orders?
Shares can be lent only if the order value is more than ₹1 lakh per security.
- Shares of ABC worth ₹2 lakhs and shares of XYZ worth ₹50,000 are held.
- Shares of ABC can only be lent.
While borrowing shares, an order with a minimum of 500 shares must be placed. Borrowed shares are settled on T+1 day.
SLB orders can only be placed in securities under the approved list (Approved list).
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