Investing in the stock market is an excellent way to grow wealth, but sometimes, the cost of maintaining demat accounts can act as a barrier, especially for small investors. To address this, the Securities and Exchange Board of India (SEBI) introduced the Basic Service Demat Account (BSDA), a move aimed […]
SAMCO 3.0 Frequently Asked Questions
1. How can I change my Product type, Order type, default trader type & default landing screen in Samco 3.0? Log in to the Samco app. Go to the Profile section. Click on “Trading Preferences.” Select your preferences from the dropdown and apply the changes. 2. How can I turn […]
Samco StockPlus: Pledge Shares for Higher Trading Limits & Leverage
Unlock Higher Trading Limits with Samco StockPlus Leverage can be a powerful tool in trading, allowing you to maximize your market opportunities without deploying extra capital. Samco StockPlus is a pledge-based margin facility that enables traders to use their existing shares as collateral to get additional trading limits. This feature […]
Rights Issue Explained: Key Features, Application Process & What Happens to Unused Rights
What is a Rights Issue? A Rights Issue is a way for a company to raise capital by offering additional shares to its existing shareholders at a discounted price. This allows shareholders to buy more shares in proportion to their current holdings before they are offered to the public. Key […]
Bonus Shares Explained: When You’ll Receive Them & Why Your Average Price Drops
When Will I Receive Bonus Shares? Bonus shares are issued to shareholders based on an announced ratio (e.g., 1:1). You’ll receive them if you hold shares on the record date. Bonus shares are credited to your Demat account, usually within 15-20 days after the record date. The bonus shares are […]
Stock Split Explained: Why Your Average Price Drops & How Split Ratios Work
Why Has My Average Price Decreased After a Stock Split? A stock split increases the number of shares you own while reducing the price per share proportionally, without affecting the total value of your holdings. For example, in a 2-for-1 stock split, you’ll have double the shares, but each share’s […]
Dividends: Payment Timeline & What to Do If Not Received
What is a Dividend? A dividend is the portion of a company’s profits distributed to its shareholders as a reward for investing in the company. It is usually paid in cash or additional shares. When will I receive a Dividend? You can expect to receive dividends in your bank account […]
Instant – Unpledge Request Charges
Unpledge Charges: ₹60 + 18% GST per transaction These charges apply for processing Instant-unpledge requests through the depository.
Interest on Stock Plus / Ledger Debit
What is Interest on Stock Plus/Ledger Debit? Interest on Stock Plus/Ledger Debit is a small fee charged when you use margin beyond your optimal balance. It’s calculated at 0.05% of the maximum margin used. Formula: Interest = Maximum Optimal Margin Used × 0.05%. For example, if you use ₹1,00,000 margin, […]
Why is my Samco ledger balance negative?
Your Samco balance may be negative due to possible reasons. Once you read them you can check your ledger report for a better understanding. Insufficient funds for DP charges. DP charges are Rs 15 + GST (deducted when shares are sold) Unsettled AMC charges due to lack of funds. No […]
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