How to interpret the margin shortfall SMS on Zerodha

Tue, 12 May 2026 00:00:00 +0000

A margin shortfall notification from Zerodha indicates that the margin in the trading account is insufficient to cover the margin required for one or more open F&O positions. This can trigger a peak margin penalty, forced position close-out, or both. This guide explains how to read every element of the SMS, identify the root cause, and take corrective action promptly.

For the background regulatory framework see How to understand peak margin penalty . For maintaining margin proactively see How to calculate margin using the Zerodha SPAN calculator .

SMS Notification on WebNotes

How to interpret the margin shortfall SMS on Zerodha