faq

DEPOSITORY(DP) / DEMAT

What are the conditions for pledging ?

  • On September 21, 2016
There are three prerequisites to pledging. They are : Only 50% of the total margin amount can be pledged. The pledging service isn’t available for equity buying and option buying. The pledging service can only be used for equity – intraday and Future & Options selling.
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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 […]
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What do you mean by Collateral security

  • On September 21, 2016
A Client can use his/her existing Stocks held in the Demat Account to create added limit for Trading in future and Options Segment. This facility is very useful when the Client saw a Trading opportunity but doesn’t have the required funds to invest in the opportunity.
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