Fixed Deposits are now live on Coin

Zerodha Feature Announcements
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[quote="Neelesh, post:7, topic:190594"] SEBI guidelines discontinued FDs as a standard margin product for brokers around December 2023. [/quote]

Could you cite the exact circular and quote the exact wording of the circular that led you to conclude this? I see many circulars saying that it is possible.

43.7 While depositing other forms of collateral i.e. Cash, Fixed Deposits (FDs), Bank Guarantees (BGs) or Government Securities provided through the SGL/CSGL route, etc, the CM shall allocate these collaterals into proprietary account of CM, and/or proprietary m account of any TM clearing through the CM, and/or account of any of the clients (including Custodial Participants (CPs)) clearing through the CM, and/or of any of the clients trading through the TM who in turn is clearing through the CM, segment-wise

See Question 1 and 2:

See Annexure 7 and attached PDF

Note iccl still allowing FDRs and BGs:


For more details,