Pledge
A pledge is a facility that allows traders to use their existing stock holdings as collateral to get additional margin for trading.
As per exchange guidelines, when trading in Futures & Options (F&O), at least 50% of the total margin must be maintained in cash,
Yes, you can Unpledge Your Stocks anytime after you exit your trades and no longer require margin from the pledged securities.
Yes, you can unpledge your stocks without selling them.
Yes, there are charges for both Pledging and Unpledging stocks.
Your stocks remain in your Demat account even when they are pledged. You continue to receive all corporate benefits
Yes, you can pledge the shares once they are credited to your Demat account.
The Margin (Haircut Percentage) varies for different stocks based on their Risk Level and Liquidity.
Not all stocks are eligible for pledging. The list of securities that can be pledged is Updated In Real-Time by our Risk Management Team, in accordance with exchange guidelines.
The OTP for pledging is sent by CDSL, not by Lakshmishree. In some cases, it may take time to arrive.