Margin Pledge

Margin Pledge Explained {{now.year}}: Use Your Shares as Collateral Without Handing Them to Your Broker

You can use the shares already sitting in your demat as collateral to get trading margin — and since SEBI's 2020 reform, those shares never leave your account. Here is how the OTP-based pledge works, how much margin you actually get after the haircut, what it costs, and the one risk that can cost you the shares.