A margin pledge allows you to use your shares as collateral to receive interest-free trading margins. By pledging your shares through the Rupeezy app, you can increase your trading power without selling your holdings.
Note: The margin received by pledging shares can be used for trading in the F&O segment and the equity intraday & MTF segment.
Pledging Shares:
To pledge your shares for a trading margin (collateral margin), follow these steps in the Rupeezy app:
- Go to Positions > Holdings.
- Click on Pledge.
- Select the shares and the quantity you wish to pledge.
- Click on the Pledge button.
You will be redirected to the NSDL Margin Pledge page.
On the Margin Pledge page, select the shares, accept the terms and conditions, and click on Confirm.
An OTP will be sent to your registered mobile number and email ID (as per NSDL records).
Enter the OTP and click Submit.
Refer to the image below and follow the steps.
Unpledging Shares:
To unpledge your shares using the Rupeezy app:
- Go to Positions > Holdings.
- Click on Pledge.
- Navigate to the Unpledge tab.
- Select the shares and the quantity you wish to unpledge.
- Click on the Unpledge button.
Note: The pledge window is available from 7:30 AM to 6:00 PM on trading days.
For the charges, please click here