Unpledging Securities at FYERS

How long does it take to unpledge holdings at FYERS?

When you decide to unpledge your securities with FYERS, the process is straightforward. If you submit your request before 3:30 PM on a trading day, your securities will be unpledged and will reflect under the 'Holdings' section by the next trading day. However, do note, requests placed after 3:30 PM will be processed only on the subsequent trading day. Ensure you don't have any open positions utilizing the pledged margin before placing your request.

  1. Unpledge request will be processed only to the extent of unutilized pledged margin.
  2. The unpledge request will be rejected if you’ve any open positions and the pledged margin is used for the same. You’ll need to infuse the required funds or square-off such positions before placing the unpledge request.

    • Related Articles

    • How to unpledge my holdings in FYERS?

      Unpledging your holdings with FYERS is a straightforward and online process. Here's a step-by-step guide to help you: Access the Pledge Portal: Log in to our Pledge Portal on the FYERS platform. Navigate to the 'Unpledge' Tab: Once inside the portal, ...
    • How to sell my holdings using E-DIS?

      Electronic Delivery Instruction Slip (EDIS) was introduced to allow investors to sell their holdings using a TPIN/OTP sent to their registered mobile number and email ID. The procedure to sell the holdings using E-DIS is as below: Go to the scrip you ...
    • How long does it take to get margins after pledging?

      After you have authorised your pledge request using the OTP process, the Central Depository Services Limited (CDSL) typically confirms the status in about 10 minutes. However, the margin reflecting this pledge will only be available in your trading ...
    • Why can't I use the proceeds from my sold holdings for trading on the same day?

      As per the peak margin norms implemented by SEBI, brokers must now collect margin upfront for all trades. This affects your ability to use the proceeds from selling your holdings for trading on the same day. When you sell your holdings, your broker ...
    • Can I use the collateral from pledged Demat holdings for stock investments?

      No, it is not permissible to use the collateral amount received from pledging your Demat holdings to purchase stocks in the Cash N Carry (CNC) segment for overnight positions. Nevertheless, you are allowed to utilise this collateral for intraday ...