I have an existing debit balance and I am using your Margin funding facility. What will happen to my debit and shares?

I have an existing debit balance and I am using your Margin funding facility. What will happen to my debit and shares?

If you are having debit balance in your ledger account and you wish to continue the debit even after September 1st 2020 then as a one time activity we have enabled a process of pledging for you.

You can login to your Web trading platform from 5paisa.com. Once logged in you will see a button “Pledge” on your Trade station home page. Just click on that page and follow instructions. If you successfully complete the process before 31st August 2020 then your debit will continue the way it is now. If not then all your positions to the extent of your debit balance will be squared off on September 1st 2020 and balance holding will be transferred to your demat account.