How client can pledge stocks to increase margin?
You can pledge stock to increase margin by following the steps using mobile app:-
- Login to the mobile app
- Click on Funds section available at the bottom of the screen
- Click on "Increase your margin by" link below the "Available Margin"
- Select the stocks that you want to pledge.
- Click on Submit request
- An OTP will be sent on your registered mobile number & email ID
- Enter the OTP on the CDSL or NSDL page to approve the pledge
- Once the pledge request is approved, margin will be provided against the pledged stock within 5 minutes