Migration from old pledge to the new pledge mechanism

Hey @siddhant_guralwar, can you DM me your client ID?

I am also not able to unpledge my pledged shares. I need to sell them tomorrow to generate cash.

@Nakul thanks, will wait for your feedback.

Not able to send DM to you.

1 Like

I’ve sent you a DM.

@MayankMaheshwari @teenscm @msangani @Venkat_K The issue with unpledge requests is fixed. You should be able to place the request on Console now.

I’m also facing the same issue i.e. I can’t see any unpledge button.

Screenshot_20201006_141007

Further, as seen in the screenshot ^, the padlock icon next to these pledged holdings is missing.
Apparently, I see a pledge button with the entire amount appearing as un-encumbered.
Strange !
On Kite, it shows the correct amount available as collateral liquid funds.
Similarly on CDSL, the correct amount is blocked as pledge.

Is this just a front-end issue ?

The issue is not solved. Please check again. i have pledged mutual funds to be unpledged,

I think only Stocks unpledging is fixed.

MF pledged holdings are being updated right now. It’ll take a bit more time.

This is also fixed now.

2 Likes

Thank you very much

If there is no poa in account, can one pledge shares?

You can pledge shares even if you haven’t given POA. You can read this to know the process of pledging.

@siva-reddy

As per NSE Circular Ref. No: 0138/2020 or Download Ref No: NCL/CMPT/45759, Dated : September 21, 2020,
which contains a list of all financial instruments accepted for margin pledge.

Does Zerodha accept all the securities available in the list to be pledged for margin or Zerodha hand picked some of them?
I hold some Instruments mentioned in Annexure 6 which i find missing to pledge.

@siva-reddy

Can you answer this!

@nithin

Earlier I remember you say that all approved scrips as mentioned in the NSE Circular will be accepted as margin pledge when the new system gets introduced.

Now that the new system is introduced can you please review/increase the scrips for margin pledge in nse derivatives segment.

Most of the scrips we allow, can you give names of scrips which you are holding and are allowed by cc but we are not? will check them and if possible we will allow.

@siva

Appreciate your consideration.
Mentioning the ISIN numbers which i have cross verified in nse approved list and these are TAX free bonds of govt. companies like IRFC, NHAI, NHB, REC, NHPC etc etc.
I have verified them in the nse list annexure 6
INE053F07686
INE053F07843
INE651J07580
INE651J07655
INE557F07108
INE906B07DE1
INE848E07526
INE848E07534
INE733E07JW2
INE134E07588
INE020B07JU4
INE020B07HP8

Are you holding these?
Also @Nakul Can you check above one.

Yes I hold them and are currently pledged with another broker. Planning to transfer them to Zerodha if you consider them.