Explain the new pledge process
Currently 5paisa provides you the
facility to take exposure by using your shares either lying in your Demat
account (Only in case of POA clients) or in our account (CUSA and Collateral
Account). From September 01, 2020 you can avail the facility of exposure by
pledging you shares.
Pledge is the process whereby the
shares in your Demat account are given as security in exchange through your
broker for availing the margin benefit.. The shares will NOT move out from your
Demat account but rather a pledge will be created in
favour of 5paisa Capital Ltd.
For example: You have shares worth
Rs 1,00,000. You can now pledge all these shares in favour of 5paisa. Once the
shares are pledged we will provide you with margin benefit after applying
hair-cut of about 20% on the stock. Then you will get a limit of Rs 80,000 in
your trading account as margin.
New Process for applying in IPO
You may apply for IPO by using BHIM UPI App. Download and Install BHIM App from Google Play store or Apple App store. Process on using "UPI as a payment option" UPI as part of bidding Investor will fill in the bid details in the application form ...
INVEST200 - New User Offer
5paisa INVEST200 offer is only for new users. All the accounts opened with Promo Code “INVEST200” after 8th May, 2021 are eligible for the below benefits: FREE Demat account Rs. 200 credit on account opening to begin your investment journey, credit ...
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 ...
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 the Margin Trading Facility (MTF) facility, in order continue with this facility need to initiate a “Future Pledge” request of the shares from our website or your mobile app upto T+1 day by 4.00 p.m. To know ...
Process for Bank Modification
You can register maximum 5 banks for Pay In. Process is as below: To Add Bank: Through App: Login to 5paisa App >> Menu >> My Profile >> On top right Click on Modify >> Bank Details >> Add Bank and Upload bank proof for the same >> Select the Primary ...