Pledge Process
How to redeem Pledged mutual funds ?
A customer cannot directly redeem mutual funds which are pledged. They will have to first unpledge these units then place a redemption order.
Charges for MF pledge & Unpledge
The above charges are exclusive of GST and shall be debited from your ledger account as and when you pledge or unpledge shares in your account.
Where can I see the margin received against pledged funds?
Once a customer has successfully pledged his holding units, it will take up to 10 minutes for the margin to be updated in the system. Once the system is updated, the customer can check the collateral in the mutual fund section of the fund's page. On ...
What are the charges for Pledge and Unpledge?
Below are the charges with effect from 01st September 2020: Nature of transaction Applicable charges (Effective 01st Sept, 2020) Pledge for Funding Rs. 25 per scrip Pledge for Margin Rs. 12.5 per scrip Unpledge Rs. 12.5 per scrip Unpledge and Sell ...
I have given shares as collateral to take positions in derivative segment. What will happen to my positions?
If you wish to avail facility of using your shares as collateral for taking derivative position then you will have to follow the pledge process before 31st august. To understand about the pledge process, CLICK HERE
Can I sell shares if they are pledged?
Yes. You can sell your shares which are pledged at any point of time. No separate instruction or request is required. If you are a NON-POA client CLICK HERE to follow TPIN process
Can I get corporate action benefits if stocks are pledged?
Pledged stocks remain in your demat account, hence you will be eligible to enjoy the benefits of corporate action such as dividends, bonus, split, etc.
Can I unpledge the securities?
Yes, you can unpledge securities from the 5Paisa Mobile App or Website. To unpledge on the Mobile App please follow the below steps- Go to the Book section of the 5paisa app and then to the Holdings sub-section Click on the Pledge/Unpledge button at ...
If I don’t initiate future pledge request for my debit position then what will happen to by positions?
Shares purchased by you upto the value of your Debit Balance will stay in our Client Unpaid Securities Account (CUSA) for T+6 Days. If you fail to initiate the Pledge request or clear the debit balance by making the requisite payment, then the debit ...
How will the margin pledge effect my positions and limits, if I have avail Margin Trade Funding (MTF) facility?
All clients (Both POA or NON-POA) availing of the Margin Trading Facility (MTF) facility, in order to continue with this facility, need to initiate a “Future Pledge” request of the shares from our website or your mobile app up to T+2 day by 12 PM. To ...
How do I create a Pledge?
Pledge can be created for following reasons. To avail margin funding facility if you wish you to carry forward your debit\ To avail margin benefit for taking intraday exposure To use shares as collateral to take positions in derivative segment. In ...
Will I get limits of on securities which are lying in my demat account without creating a pledge?
Effective 1st September 2020, securities held in your Demat account will NOT be considered towards margins unless Margin Pledge is created. It means you will have to individually place a request for pledging your shares to avail margin benefit.
What is Pledging?
Pledging is a process which allows you to use shares in your Demat account for availing margin benefit. By pledging your shares in favour of 5paisa, you will receive a collateral margin that can be used to trade in all segments. For example, You have ...