What are the criteria to be followed to get the RMS Approval for releasing the stock from Pledge or Collateral?

What are the criteria to be followed to get the RMS Approval for releasing the stock from Pledge or Collateral?

 Kindly follow  the below criteria before placing an un pledge request for the RMS Approval.

1.       Place the un pledge request in the system only and not required to send the mail.

2.       The pledge request amount should not be more than the available margin on a real time basis otherwise full request will be rejected.

3.       Cut off time for placing an un pledge request is 03.30 PM.

4.       No un pledge request will be considered after the cut off time and the same will be rejected

5.       Make sure no multiple requests are placed for the same holding, otherwise the full request will be rejected.

6.       All Un pledge requests will be approved only after cut off time that is 03.30 PM

 

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