What are the charges for Margin Pledge? Does it depend on how many stocks client 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 client can pledge stocks to increase margin?
Click on Funds section in the app. Click on "Increase your margin by" link below the "Available Margin". Select the stocks that client want to pledge. Click on Submit request. An OTP will be sent on clients registered mobile number & email ID. Enter ...
Can client pledge stocks purchased through "Buy Now Pay Later" for margin?
Since client have already pledged the BNPL stocks, margin pledge will not be available. To know more about BNPL in Mobile App, Click Here
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 client can increase 'Available margin' to trade?
Client can Increase the Margin to Trade by: 1) Adding Funds (We support 35+ banks via Net Banking mode and all banks via UPI mode) 2) Pledging stocks for additional margin. Follow the below steps to increase 'Available Margin' by pledging the stocks: ...
How to get Margin Pledge Request form for margin purpose?
Please note soft copy of Margin Pledge Request form available on IIFL website (https://ttweb.indiainfoline.com/ - Download Form and Formats). Client has to fill all the details in Margin Pledge Request form for margin purpose. Pledgee demat account ...