Where client can see how many shares are pledged?
Through TTweb-
2. Click on Holdings
3. Click on pledge securities
4. Then client can find a section "Unpledge"
5.Under Unpledge client can find all the pledge holding
Through Mobile Application-
1. Login to Mobile App
2. Click on the Funds section in the app
3. Click on the "Pledge holding to Increase your margin" link below the Available Margin
4. Select the stocks that you want to pledge and click on Submit Request
5. An OTP will be sent to your registered mobile number and email ID
6. Enter the OTP on the CDSL or NSDL page to approve the pledge
7. Once the pledge request is approved, margin will be provided against the pledged stock within 5 minutes
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Will client can be able to sell shares after pledging?
Yes. client can sell there shares which are pledged at any point of time. However, user should ensure that sufficient margin is available in case any position is created against such pledged securities. If user is NON-POA client follow process for ...
How client will get margin on shortage of shares?
Please note if due to any reason there is shortage of shares payout in client's account on T+1 days then OTP will not get validated and it will get rejected with reason overdue as only on full payout quantity it gets pledged.
How client can Unpledge shares?
You can unpledge stock to release margin by following the steps; Through IIFL Mobile app:- Login to the mobile app Click on Funds section available at the bottom of the screen Click on "Pledge Holding to Increase Margin" link below the "Available ...
When can client trade the allotted shares in IPO ?
On listing day, client can sell the allotted shares.
Why client position squared off?
Client position could have been squared off for a number of reasons such as : 1) Intraday trades will auto squared off at 3:15 pm for the Cash segment & 3:20 for the F&O segment. 2) Intraday trades will be squared off if you lose 80% of your ...