How can I place a pledge request in FYERS?
Pledging your stocks in FYERS allows you to receive collateral margin without selling your holdings. This can be useful for derivative trading or meeting margin requirements. Here's how you can pledge your shares securely through the FYERS platform.
Steps to Pledge Stocks
- Log in to your FYERS account and go to the Portfolio section.
- Click on the Holdings tab, then select the Pledges sub-tab.
- Under the Pledgeable tab, you’ll see a list of eligible stocks you can pledge.
- Enter the quantity you wish to pledge using the +/– controls.
- Select the checkbox for each stock you want to pledge.
- Click Pledge {X} Holdings (X = number of holdings selected).
- A yellow CDSL Authorisation prompt will appear. Click Confirm.
- You will be redirected to CDSL to complete OTP verification sent to your registered mobile/email.
After Submitting the Pledge
Once the OTP is successfully verified, your pledge request will appear under the History tab. Collateral margin will be released into your trading account on the next trading day.
What If…
| Scenario | Solution |
|---|
| I didn’t receive the OTP | Ensure your mobile/email is registered with CDSL. Wait a few minutes or try again. |
| The pledge status shows "Pending" | This means OTP was not completed or verification failed. You may need to initiate it again. |
| I want to unpledge shares later | Go to the Pledged tab and select Unpledge for the desired stock. |
| Collateral margin not visible | It will reflect on the next trading day after successful CDSL confirmation. |
Tip: You can only pledge shares listed under the “Pledgeable” tab. T1 holdings are not pledge-eligible.
Important: Collateral is released only after successful CDSL OTP confirmation. Always check the pledge history tab for status.
Last updated: 13 Jun 2025
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