Can shares be used as “pledge”

  • On September 21, 2016
Yep, we do allow share pledging to meet your margin requirement subject to cash versus collateral ratio i.e. 50-50%. Out of the total amount, the shares up to 50% of the total amount can be used for pledging post haircut.

  • Example : If the margin amount is Rs. 1,00,000 the maximum shares that can be pledged is up to 50% of the total amount, in this case it is Rs. 50,000 (post haircut).