Is it possible to sell my holdings after submitting a pledge request?

Is it possible to sell my holdings after submitting a pledge request?

Yes, you can sell your holdings after raising a pledge request, effective from 1st December 2024. Although pledge and unpledge requests are processed at the end of the day (EOD), we still allow the sale of pledged shares in the interim.

Points to remember:
  1. The pledge request will be automatically cancelled when you sell the pledged holdings.
  2. You can sell pledged shares even after submitting a pledge request.
  3. This flexibility ensures you can manage your holdings efficiently, even while the pledge request is pending.

    • Related Articles

    • 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. ...

    • What are the pledge charges on MTF?

      Managing MTF (Margin Trading Facility) positions involves certain nominal charges. At FYERS, you are charged for each pledge and unpledge transaction associated with your MTF trades. MTF Pledge Charges at FYERS Type of Transaction Charge per ...

    • 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 long does it take to unpledge holdings at FYERS?

      If an unpledge request for holdings is submitted before 3:30 PM on a working day, the holdings will be unpledged within 24-48 working hours. However, if you wish to sell your holdings, you can do so without unpledging. For more details, kindly refer ...

    • Do I need to pledge/authorise my MTF holdings?

      No, manual pledge authorisation is no longer required for MTF holdings on FYERS. All eligible MTF positions are automatically pledged by the system from the backend. How MTF Authorisation Works Now Automatic Pledge: Once you buy a stock under the MTF ...