How can I pledge and unpledge in FYERS (Web & App)?

How can I pledge and unpledge in FYERS (Web & App)?

Pledging in FYERS lets you unlock collateral margin from your existing holdings without selling them. This margin can be used for derivative trading or to meet margin requirements. You can also unpledge holdings later when the collateral is no longer needed.

Pledging on FYERS App

  1. Open the FYERS App → Portfolio → Holdings.
  2. Tap Pledge.
  3. Select the stock(s), enter the quantity, and tap Pledge.
  4. The Pledge Confirmation screen opens with stock details.
  5. Tap Submit → you’ll be redirected to CDSL.
  6. Complete OTP verification sent to your registered mobile/email.

Pledging on FYERS Web

  1. Log in to your FYERS account → Portfolio → Holdings → Pledge.
  2. Select the stock(s) you want to pledge and enter the quantity.
  3. Click Pledge holdings.
  4. The Pledge Confirmation screen opens with stock details.
  5. Click Submit (CDSL authorisation prompt appears).
  6. Complete OTP verification sent to your registered mobile/email.

What happens after pledging?

  • CDSL confirms pledge status within ~10 minutes after OTP verification.
  • Pledged quantity appears under the Pledged tab from the next trading day.
  • Collateral margin is credited to your trading account on the next trading day.
  • You can also check it in the My Account portal → Funds → Collaterals, or in the History tab.

Unpledging on FYERS App

  1. Open the FYERS App → Portfolio → Holdings → Pledged.
  2. Select the stock(s) and tap Unpledge.
  3. An Unpledge Confirmation screen appears → tap Confirm.
  4. An Unpledge Initiated screen shows the details and notes that value will be removed from your funds from the next trading day.
  5. Track progress in the History tab (status shows Pending/Success).

Unpledging on FYERS Web

  1. Log in → Portfolio → Holdings → Pledge → Pledged.
  2. Select the stock(s) and enter the quantity.
  3. Click Unpledge holdings.
  4. Track progress in the History tab. Shares are restored to your holdings on the next trading day.

Important rules and timings

  • Unpledge requests placed before 3:30 PM are processed within 24–48 working hours.
  • No need to unpledge to sell — pledged shares can be sold directly.
  • Unpledging is allowed only for unused pledged margin. If margin is in use, add funds or square off positions first.
  • Requests after 3:30 PM or on weekends are processed on the next business day.

What If…

ScenarioSolution
I didn’t receive the OTPEnsure your mobile/email is registered with CDSL. Wait a few minutes or retry.
The pledge status shows “Pending”OTP wasn’t completed or failed. Reinitiate the pledge.
I want to unpledge shares laterUse the Unpledge tab in App or Web anytime.
Collateral margin not visibleIt will appear from the next trading day after CDSL confirmation.
Tip: Only stocks in the “Pledgeable” tab can be pledged. T1 holdings are not pledge-eligible.
Important: Collateral is released only after successful OTP verification with CDSL. Always check pledge/unpledge status under the History tab.

Last updated: 12 Sep 2025


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