Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
HNIs take short-term loans of a few crores to a few hundred crore rupees to apply in an IPO. These loans are issued by public and private sector banks, NBFC, and other financial institutions.
Most of these large-size loans come at around 7% to 8% per annum interest rate. They are issued for 7 days.
The interest rate on IPO funding varies by:
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
