SGB broker limit Zerodha

[Praveen_Kumar3]

Does SGB have broker limit for pledging. I am moving most of my funds to SGB and I can’t risk if I am unable to pledge them.

[Meher_Smaran]

Hi @Praveen_Kumar3

This was discussed here. Broker limits won’t be applicable in this case

Does broker limit apply on cash component MF / SGB and GOI?

Broker limit is not applicable for Mutual Funds and G-Secs and SGBs. You can check this list to know for which securities broker limit is applicable and for which it isn’t.

[PK123]

While broker limits might not be applicable for pledging as highlighted by Meher, you need to consider the fact that the instrument might be moved out of pledge list all together. This has happened with G-sec where even though broker limits were not applicable, the instrument was removed from the pledge list (refer Mar 2024 comments on this post Pledged Stock Moving Out Of Pledge List - #25 by Prayag)