Which stocks and mutual funds can I pledge with Zerodha for collateral margins?
You can pledge the stocks and mutual funds listed in this sheet to get collateral margins¹. They are divided into cash components² and non-cash components³.
The applicable haircut is also listed in the above sheet. The cost of pledging at Zerodha is Rs 30 + GST per pledge request, irrespective of the quantity pledged. There is no cost for un-pledging. To know more about pledging, see What is pledging and how does it work?
¹ The clearing corporation has set a certain limit on the number of shares/units that can be pledged per security through a broker. If the broker limit is reached, you will not be able to further pledge such securities for margin.
² The collateral margin received by pledging cash component securities can be used fully towards any margin requirement for your open positions. You will not be required to maintain cash separately if the collateral from cash component securities covers the margin requirement.
³ The collateral margin received by pledging non-cash component securities can be used only up to 50% of the margin requirement for your open positions. The exchange stipulates for the remaining 50% margin to come in the form of cash or cash equivalent collateral. Any additional utilisation of the non-cash collateral, over and above 50% of the margin requirement will be liable to delayed payment charges. See What is delayed payment charges?