What are the charges for Margin Pledge? Does it depend on how many stocks I pledge?
Pledging of shares are charged a flat transaction fee, irrespective of the quantity pledged.
- Hence, the fee charged is per scrip and not the volume.
- So, these charges remain the same whether you pledge 1 share or 100 shares.
- Charges per scrip are Rs 20 +GST.
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How can I pledge stocks to increase margin?
Click on Funds section in the app Click on 'Increase your margin by.. ' link below your Available Margin Select the stocks that you want to pledge Click on Submit request An OTP will be sent to your registered mobile number & email ID. Enter the OTP ...
Can we pledge stocks purchased through "Buy Now Pay Later" for margin?
Since you have already pledged the BNPL stocks, margin pledge will not be available.
What is Margin Pledge?
Margin Pledge is a process in which users can pledge their stocks to the broker in return for a collateral margin that can be utilized for trading. Let’s understand this better via an example; suppose I am an investor who has shares of RIL, TCS and ...
How to increase my 'Available margin' to trade?
You can Increase your Margin to Trade by: 1) Adding Funds (We support 35+ banks via Net Banking mode and all banks via UPI mode) 2) Pledging your stocks for additional margin. Follow the below steps to increase your 'Available Margin' by pledging ...
What factors impact 'Available Margin'?
Available Margin will get updated when you: 1) Add funds 2) Withdraw funds 3) Place any order 4) Pledge your holdings for additional margin