How do I authorise my pledge request on CDSL's portal?
Stocks, mutual funds and bonds can be pledged on Console to get collateral margins. See How do I pledge my shares to get collateral margin? and What is pledging and how does it work?
Follow the steps below to authorise pledge requests on CDSL:
1. A notification from CDSL is sent to the registered email ID and mobile number.
2. Click on the link in the email/SMS or visit
www.cdslindia.com/Authentication/OTP.aspx
. Enter the PAN number to generate an OTP to authorize the pledge.
Enter the OTP and click on the Submit button to authorize the pledge.
Did you know?
- Only the shares available in the demat account can be pledged. Shares that are yet to be credited to the demat account cannot be pledged.
- Holdings can be pledged only if the equity derivatives segment (F&O) is activated. See How do I activate F&O?
- The margin received from pledging, i.e. collateral margin can be used for trading Equity Intraday, futures & options writing. They cannot be used to purchase shares.
- Pledge requests are processed only on trading days.
- The cost of pledging is ₹30 + 18% GST per instrument irrespective of the quantity pledged.
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