How can I place a pledge request in FYERS?

How can I place a pledge request in FYERS?

Now you can pledge all your NSE Approved Securities and Mutual funds online through OTP. 

The step-by-step procedure of the same is as below:

  1. Go to pledge.fyers.in and login with your FYERS credentials (If you’ve already logged in to FYERS Web then you’ll automatically be logged in). The holdings are divided into two parts i.e., Equity Holdings and Mutual Funds Holdings. Your holdings will reflect with a bifurcation as shown below:

2. Click on the ‘Pledge’ button beside the Symbol/Scrip Name you wish to pledge, enter the desired quantity and click on submit as shown in the image below: 

In this case, 1 Quantity of Yes Bank has been entered.

3. You will be redirected to the CDSL page for authorization of the pledge transaction. Enter the OTP which you’d received in your registered Mobile number/Email ID and click on the ‘Verify’.

4. Once Authorized, you’ll receive the confirmation of the request placed along with the Reference ID as pictured below:


5. After the authorization, the pledge request will show under the tab ‘Pending Requests’ until the confirmation from CDSL which generally takes upto 10 minutes.

6. Post confirmation from CDSL, the quantity pledged will reflect under ‘Pledged Quantity’ and the pledge margin will be credited to your trading account on the next trading day.



    • Related Articles

    • Does FYERS provide collateral margin against holdings/securities?

      Yes, we do provide collateral margin against your holdings, i.e., stocks, ETFs, and MFs. You can pledge your holdings for collateral margins, which will be credited into your trading account after a deduction of a certain percentage or haircut.  ...
    • What is the maximum amount I can place per order in FYERS?

      At FYERS, the Maximum limit set is ₹2 Crore per order. If you're trying to place an order beyond the ₹2 crore limit, the order will be rejected and you'll get the below error: "RMS:2220706295663:FYERS_RISK,{YOUR ORDER DETAILS} MAX ORD VALUE ...
    • How can I place orders in the illiquid stocks in Fyers?

      Placing a market order in illiquid stocks can be very risky as there might be a massive difference in the Bid & Ask price of the stock that might lead to freak trades. Therefore, it is always recommended to place a limit order where the order will be ...
    • What is GTT? Can I place a GTT order in Fyers?

      Good Till Trigger (GTT) is an order type that is placed to set a Target or the Stop-Loss without validity. In simple words, you can set the price at which you want to Buy or Sell a particular scrip, and the order will be valid till the price is ...
    • How to unpledge my holdings in FYERS?

      You can Unpledge your holdings online from the Pledge portal. The procedure to unpledge is as follows: 1. Once you login to our Pledge Portal, click on 'Unpledge' Tab, you’ll find the list of pledged holdings as shown in the image below: 2. Select ...