We are facing an issue with inter-depository transfers of gsec from our pool account to the client’s demat account. We have got in touch with the depositories to have this fixed and they have assured a resolution at the earliest. Your securities are safe and will be credited to you as soon as we have a resolution on this issue from the depositories. We’re expecting this to be cleared in the next 2-3 days.
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Issue is fixed. Thanks 
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Sorry, I am confused now. If I buy SGB from secondary market , will it get automatically transferred to my demat account or do I need to go through any manual process as described in (https://support.zerodha.com/category/your-zerodha-account/transfer-of-shares-and-conversion-of-shares/articles/inter-depository-transfer)
The article you linked to is regarding off-market transfer of SGB’s from one Demat account to other Demat account.
When you purchase from secondary market SGB’s will be directly delivered to your Demat account, you don’t have to do anything.
Wow… Thank you very much for the clarification.
Sorry to bump up old thread . I have old demat account with NSDL. The DP mentioned to me that inter depository holdings of Gsec etc cannot be transferred from NSDL to Zerodha CDSL demat account ? But this circular says the other . But I noticed that this circular is issued by CDSL . Does it mean NDSL also supports this ?
NSDL site also says “Government securities cannot be transferred from one depository to another”
Here is the link to NSDL circular regarding Inter Depository Transfers of Government Securities (NSDL/POICY/2020/0017)
Earlier, I too had my Demat account with HDFC Securities (NSDL) and I had SGBs too in my holdings. 2 years back, when I made up my mind to move out to Zerodha (CDSL), my ex-relationship manager discouraged me that SGB can’t be moved from NSDL to CDSL so I would not be able to close the HDFC Securities A/c, so it’s better to abandon the idea. But I went ahead and submitted the DIS slip and another form. It’s mentioned in this thread.
@nithin you should hear the funny part. At the counter of the nearest HDFC Securities branch when I submitted the forms he asked me where am I moving to. And then saw the CMR copy of Zerodha and smiled. And when the paperwork was complete and I was about to leave, he told me quietly he too has an account with Zerodha. Tells you why he smiled earlier.
One big lesson for any company is - its employees are the real stakeholders, not the share holders or investors who have only put in money. Though he was working at HDFC Securities, he had an account with Zerodha. That’s life!
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How do I Buy G Sec is it a bidding System on a particular Day during a week?
Can I pledge Gsec to get margin for trading?
Assuming i pledge G sec for Margin to trade stocks. I go in a Loss. How will the settlement of Losses be adjusted?
So T bills - you can not pledge for cash component?
You can check that pledge list you have access to.
You could have said yes or no - if you don’t know …just leave it alone.
I have seen a pattern in your responses - mostly its arguments and defending Zerodha. Mostly its waste of time …nothing concrete/clear comes out from conversation with you. …So I insist don’t bother to answer my questions - unless I specifically request you.
Even I need to check and reply, my point is it would be even difficult for us to answer to all single queries. We don’t mind it but you are aware that list is available and info would be available there, and imagine if everyone asking without putting any little effort from their side. Also next time if someone want to know for any instrument if pledging is allowed they will go directly to that list and can check by themselves instead asking someone else. This is a request from our end to give a try before asking anyone and it will help them also. Anyhow peace.
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I agree with @siva here. If he answer yes or no, one will know about a particular sec. If he guides where to see, it will enable everyone to get answers for all similar questions. I kind of like if somebody enables me rather than just give a simple yes or no.
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