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What are the steps to pledge Securities/MF?
PostedDecember 24, 2022
UpdatedFebruary 16, 2024
ByManoj
1. Visit the Wall platform https://wall.flattrade.in/
![](https://flattrade.in/support/wp-content/uploads/2024/01/1-1024x548.png)
2. Click the “Report” Tab and select “Holdings”
![](https://flattrade.in/support/wp-content/uploads/2022/12/2-1-1024x471.png)
3. Select the Securities or Mutual fund you want to pledge
![](https://flattrade.in/support/wp-content/uploads/2022/12/3-1024x471.png)
4. Select the collateral and enter the no of securities you want to pledge in the respective segments. Agree to T&C and proceed
![](https://flattrade.in/support/wp-content/uploads/2022/12/New-Project-1024x556.png)
5. As a next process, the page will redirect to the CDSL page for OTP confirmation.
![](https://flattrade.in/support/wp-content/uploads/2022/12/6-1024x456.png)
6. Upon OTP confirmation in CDSl the pledge request will be placed successfully and you can track the status on the Pledge process history tab.
![](https://flattrade.in/support/wp-content/uploads/2022/12/New-Project-1-1024x547.png)
7. Clients will get the margin in their trading account on the next trading day upon approval from the clearing corporation for the pledging.
Important information for Pledging
- For securities pledged before 5 PM, the collateral margin will be available only on the next working day. All requests placed after 5 PM will be processed only on the next trading day and you will receive the benefit on the 2nd working day (T+2). The cost of pledging is Rs 20 + GST for each security and segment irrespective of the quantity pledged in a scrip.
- Pledge request once placed after confirming the OTP in CDSL cannot be canceled.
- Securities once pledged, the quantity will be updated in the trading system and it cannot be sold.
- Securities cannot be pledged between 6 am to 9 am.