Crystal Kanchanjungha Securities, with broker number 50, has officially begun offering margin trading services to investors.
Crystal Kanchanjungha Securities (Broker No. 50) recently announced the launch of its margin trading facility for investors. This service, implemented on Shrawan 25, 2083 B.S., follows the guidelines set by the Nepal Securities Board (SEBON) and Nepal Stock Exchange (NEPSE).
Margin trading allows qualified investors to buy shares of eligible listed companies by depositing only a part of their own money and borrowing the remaining amount from the broker company. This facility can help investors increase their purchasing power in the stock market.
30% Own Funds, 70% Margin Loan
The new facility from Crystal Kanchanjungha is structured around a 30 percent initial margin from the investor and a 70 percent margin loan from the company. Investors can use this facility for transactions ranging from a minimum of Rs. 10 lakh up to a maximum of Rs. 2 crore.
For example, if an investor wishes to trade with a limit of Rs. 10 lakh, they need to put up Rs. 3 lakh of their own funds, with the remaining Rs. 7 lakh provided as a margin loan. Similarly, for a Rs. 20 lakh trading limit, Rs. 6 lakh would be personal funds and Rs. 14 lakh as a loan. For a Rs. 30 lakh limit, Rs. 9 lakh would be from the investor and Rs. 21 lakh as loan, and for a Rs. 40 lakh limit, Rs. 12 lakh from the investor and Rs. 28 lakh as loan.
Larger transaction limits also follow this pattern: for Rs. 50 lakh, Rs. 15 lakh is own funds and Rs. 35 lakh is a margin loan. For a Rs. 1 crore trading limit, investors contribute Rs. 30 lakh and can obtain a loan of up to Rs. 70 lakh. The highest transaction limit offered is Rs. 2 crore, where an investor puts in Rs. 60 lakh and can receive a margin loan of up to Rs. 1 crore 40 lakh.
Facility from 30 Days to 180 Days
Crystal Kanchanjungha Securities stated it will provide margin loans covering up to 70 percent of the transaction value. The company has set various transaction limits, from Rs. 10 lakh to Rs. 2 crore, with corresponding fee structures for different durations.
For a Rs. 10 lakh transaction limit, where Rs. 7 lakh is the margin loan, fees are: Rs. 5,600 for 30 days, Rs. 11,088 for 60 days, Rs. 16,464 for 90 days, Rs. 21,728 for 120 days, Rs. 26,880 for 150 days, and Rs. 31,920 for 180 days.
With a Rs. 20 lakh transaction limit (Rs. 14 lakh margin loan), the fees are: Rs. 11,200 for 30 days, Rs. 22,176 for 60 days, Rs. 32,928 for 90 days, Rs. 43,456 for 120 days, Rs. 53,760 for 150 days, and Rs. 63,840 for 180 days.
For a Rs. 30 lakh transaction limit (Rs. 21 lakh margin loan), the fees will be: Rs. 16,800 for 30 days, Rs. 33,264 for 60 days, Rs. 49,392 for 90 days, Rs. 65,184 for 120 days, Rs. 80,640 for 150 days, and Rs. 95,760 for 180 days.
If an investor opt for a Rs. 40 lakh transaction limit (Rs. 28 lakh margin loan), the fees are: Rs. 22,400 for 30 days, Rs. 44,352 for 60 days, Rs. 65,856 for 90 days, Rs. 86,912 for 120 days, Rs. 1,07,520 for 150 days, and Rs. 1,27,680 for 180 days.
For a Rs. 50 lakh transaction limit (Rs. 35 lakh margin loan), the fees are set at: Rs. 28,000 for 30 days, Rs. 55,440 for 60 days, Rs. 82,320 for 90 days, Rs. 1,08,640 for 120 days, Rs. 1,34,400 for 150 days, and Rs. 1,59,600 for 180 days.
For a Rs. 1 crore transaction limit (Rs. 70 lakh margin loan), fees are: Rs. 56,000 for 30 days, Rs. 1,10,880 for 60 days, Rs. 1,64,640 for 90 days, Rs. 2,17,280 for 120 days, Rs. 2,68,800 for 150 days, and Rs. 3,19,200 for 180 days.
The maximum transaction limit is Rs. 2 crore, with a Rs. 1 crore 40 lakh margin loan. For this, fees are: Rs. 1,12,000 for 30 days, Rs. 2,21,760 for 60 days, Rs. 3,29,280 for 90 days, Rs. 4,34,560 for 120 days, Rs. 5,37,600 for 150 days, and Rs. 6,38,400 for 180 days.
Company announced that after the initial 30 days, a 1 percent discount will be applied for every additional 30-day period.
Application Process and Company’s Commitment
Interested investors are requested to visit the office of Crystal Kanchanjungha Securities Pvt. Ltd. with all necessary documents to apply for this facility and complete the agreement.
Managing Director Hari Bahadur Khadka, who signed the press release, urged all customers and investors to fully utilize this new service and benefit from it. The company also reaffirmed its continuous commitment to providing transparent, reliable, technology-friendly, and quality capital market services to its clients and investors.
Contact Details:
Address: Crystal Kanchanjungha Securities Pvt. Ltd., New Plaza, K.M.N.P.-29, Kathmandu.
Phone: +977-1-4011176, 4521607, 5909198, 5909199.
Email: [email protected], [email protected].
Website: www.crystalsecurities.com.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
