How can I pledge my shares for collateral margin?

How can I pledge my shares for collateral margin?

Pledge can be created for following reasons.
  1. To avail margin funding facility if you wish you to carry forward your debit\
  2. To avail margin benefit for taking intraday exposure
  3. To use shares as collateral to take positions in derivative segment.
In every scenario you will have to follow below mentioned process.

Step 1: Go to the 'HOLDINGS' page on the 'BOOK' section in your 5paisa Mobile app.

   

Step 2: Click on the Pledge/Unpledge button on the bottom right side of your screen, after which you can select the shares you wish to pledge and click on the 'Submit Request' button

  


Step 3: A link for OTP authentication will be generated and sent on your registered Mobile Number and registered Email ID from CDSL (Depository Participant).

Step 4: On clicking the link, you will be redirected to CDSL webpage and prompted to enter your PAN or BOID (Your Demat account number. You can check your demat account number in Profile section of App and web).



Step 5: Once the valid PAN / BOID are entered, a list of all transactions pending for authentication will be displayed to you. After that, OTP will be generated and sent on registered Mobile Number and registered Email ID of the client. OTP will remain valid for 15 minutes only.

Step 6: You will have to then authenticate the same by entering the OTP after which the pledge shall be marked in favour of 5paisa.

   


Step 7: Once your request is received the margin benefit will be given to you on the same day.

Note: The provision for marking pledge requests on our web trading platform is available now. Login to 5paisa.com and create pledge by click on “Pledge” button on your web trading platform.