Yes, you can add a Minor as a nominee to your Lakshmishree trading and demat account.
NomineeYes, while adding a nominee to your Lakshmishree trading and demat account, you are required to provide proof of identity of the nominee.
NomineeOnce you complete the nomination process, including verifying your Aadhaar number through OTP authentication,
NomineeNo, there is No Fee for modifying or updating a nominee in your Lakshmishree trading and demat account.
NomineeWhile filling in the nominee’s address, if you encounter an issue where the system does not accept numbers at the beginning of the address,
NomineeMargin Trading Facility (MTF) is a feature that allows traders to Buy Stocks By Paying Only A Part Of The Total Amount,
Margin Trading FacilityTrading with MTF on Lakshmishree is simple and works just like regular trading.
Margin Trading FacilityBoth Cash and Non-Cash Holdings can be used as collateral for MTF trades.
Margin Trading FacilityThere is No Fixed Time Limit to hold stocks bought under Margin Trading Facility (MTF) with Lakshmishree.
Margin Trading FacilityLakshmishree charges an Interest Of 18% Per Annum on the funded amount after the trade settlement.
Margin Trading Facility