Pledging govt securities in zerodha for margin

Can we pledge govt securities in zerodha such as treasury bills or govt bonds for margin.

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Hey @Prateek_Gupta

Presently we do not allow pledging of Gsecs, but we are working on enabling pledging soon.

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When can we expect of margin on gsecs would be available

Is the pledging of Gsec enabled , as of today ? If not, any tentative timelines ?

Not as today, can’t provide exact time but we are working on this, will announce once we come up with this.

Siva, On one other post Nithin mentioned that GSec is now available for pledging. Can you provide us more on this?

This will be available soon once inter depository transfer is allowed for gsecs.

@siva Is there a proposal in place to allow inter-depository transfer for Gsecs ? Can we as investors/traders do anything to expedite the process viz. through petitions etc. ?

We as a broker also want to this happen ASAP, we are getting answers that it will take a week or two all the times we approach, hope this will be sorted soon.

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eagerly waiting. Hope we can pledge g-secs soon

Any update on this

There is no update on inter depository settlement yet. We are waiting for this restriction to be lifted first.

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Can you guys give an estimate of margins, the we can expect to see in future for g-sec if everything goes well.

hi @Nandha207 does this mean we can now use gsec to collect the margin? i thought zerodha is yet to provide this feature. thanks.

Any update on it brother! Can we pledge it now on zerodha or not? If yes then would it be cash equivalent?

Not yet. We’ll keep you posted

Given the fiasco unfolding in MF market; it is hard to trust any instrument. An option to pledge Gsecs would help in removing at least one uncertainty. If possible, give an option to pledge Gsec urgently.

Yeah. I completely agree… GOI bonds will be much safer.

Capital will be protected…

@siva @nithin @Bhuvan

Please allow pledging of Gsec . This would be lot safer of retail people instead of risky debt funds.

Are their any technical difficulties in providing pledging for Gsec ?

If interest calculation is the problem atleast provide pledging of Gilt Funds