What are the eligibility criterias for placing SLB orders?

You must meet specific minimum requirements for both lending and borrowing shares through SLB.

Lending eligibility

You can lend shares only if your order value exceeds ₹1 lakh per security.

Example:

1. You hold ABC shares worth ₹2 lakhs and XYZ shares worth ₹50,000.
2. You can lend only ABC shares, as XYZ shares fall below the ₹1 lakh minimum.

Borrowing eligibility

You must place orders for a minimum of 500 shares when borrowing. Your borrowed shares settle on T+1 day.

Borrowers must provide margin against the borrowed shares. The position is marked-to-market daily.

• • Margin requirement: Value of the scrip (100% of the contract value) + VAR/ELM margins.
  • Total required on T day: Margin requirement + borrowing fees + GST on borrowing fees + daily M2M (Mark to Market).

Approved securities requirement

You can place SLB orders only for securities listed in the approved list (Approved list).

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