Does Kotak Neo provide leverage against available funds in my trading account?

Yes, Kotak Neo offers you with leverages through intraday orders such as Margin Intraday Square-Off (MIS) and Cover Orders (CO) / Super Multiple, depending upon the approved peak margin terms and conditions by the exchanges and SEBI. No interest is charged for these leverages.

Click here to know the leverage available on MIS / Super Multiple.

Similarly, Kotak Neo also provides Margin Trade Funding (MTF) through which you can buy and hold stocks indefinitely by paying only a small fraction of the trade value and receiving funding for the balance amount from the broker. Click here to know more about MTF.

Click here to know the leverage available on MTF.