General Query REGARDING SAFETY OF FUNDS

[Bhuvan]

@pradeep_kalra

Can you please let me know what will happen to my pledged shares if I have keep with my broker for availing margin in case of the broker defaults for the wort case. I am very much worried now-a-days. Can broker sell it and take my money and never return it?

Answered here already

How safe is our idle money with Zerodha

ah that is you pledging your securities to NSCCL for getting margins to trade F&O. We are just being the conduit there. That is different from what I was pointing out. Btw, SEBI has changed that process as well. From June 1st, even if you are pledging to get margins for F&O, the securities will sit in your demat account.

@pradeep_kalra

In case if it is not pledged then also what can happen.

All your securities are held in your own demat. You can register on CDSL easi and monitor them anytime you want.