I am currently holding Government Securities (G-Secs) with the Reserve Bank of India (RBI) through the RBI Retail Direct platform. I am interested in pledging these securities with Zerodha to avail of margin facilities. Am I allowed to pledge these securities with Zerodha to avail margin? If the answer is yes, could anyone please provide guidance on the requisite procedure?"
To pledge these securities for collateral margin, you should be holding these in your demat account with Zerodha.
Also, the transfer of G-secs from the RBI direct account to the demat account is not allowed.