Pledging of bonds from Growfix

So I recently came to know about this startup called Growfix which Rainmatter has funded.

I am interested in investing my money with them.

My question to Zerodha team is, can this product I purchase be pledged for F&O trading margin just like Shares and Liquid Funds? Since these bonds will be in my demat account, I don’t think it will be a major operational issue unlike pledging of FD.

Does Zerodha plan to offer pledging soon for this product? If yes, what can be the timeline for it?

@nithin @siva

Afraid not. The securities allowed for pledging are decided by the clearing corp, not us.

1 Like

dont be afraid, chill