LTP for pledge value calculation

[Bharathr27]

hi,

I have pledged 738GS2027-GS for margin benefit.
In NSE, script is 738GS2027-GS and LTP being shown as 104.9 and same script in BSE (with name 738GOI2027) being shown as 93.6

As Liquidity is already low, BSE price is struck at 93.6

Why BSE price is being considered for pledge margin calculation, When NSE price is at higher and also with better liquidity… and also script is same… and also I purchased in NSE only…

@ShubhS9 : Any guidelines or any rules for considering BSE price.

[ShubhS9]

Here’s how the margin value is calculated:

What is the base value to calculate margin amount from pledged SGB?

If there’s any approved security that hasn’t traded on the exchange on any particular day, the base value is taken from the rate master provided by the exchange clearing corporation (CC) to which the securities are being pledged. In cases where the rate isn’t available with the CC for illiquid government securities, the base price is taken from the reference rates published by the Clearing Corporation of India (CCIL).