Crystal Kanchanjungha Securities Launches Margin Trading Facility
Crystal Kanchanjungha Securities Pvt. Ltd. (Broker No. 50) has officially launched a stock financing facility commonly known as margin trading for its clients and individual investors. The new service operates strictly under the guidelines set by the Securities Board of Nepal (SEBON) and the Nepal Stock Exchange (NEPSE), along with the brokerage firm's internal risk management rules.
Under this scheme, eligible investors can purchase shares of approved listed companies by making a 30% down payment from their own funds. The remaining 70% of the total purchase amount is covered through a loan provided directly by the brokerage firm.
The firm is offering loan options across various trading amounts, ranging from a total trading limit of Rs. 10 lakh up to Rs. 20 crore. Loan durations are flexible, ranging from 30 days to 180 days. Additionally, clients who extend their repayment terms beyond the initial 30 days will receive a 1% discount on service charges for every extra 30 day period.
Investors interested in taking advantage of this facility can apply by visiting the company’s head office in New Plaza, Kathmandu, submitting the required documentation, and signing an agreement.
