What are the steps to pledge mutual fund units?
Firstly, you have to send a mail to [email protected]. With the Mutual fund scheme details and the no of units you want to plege.
Flattrade will process the pledge request. Once, the request has been processed, you will receive a link and OTP from CDSL to your registered email id and mobile number. You have to authenticate your pledge request. On success authentication your MF units will be pledged.
In case, you have not received the link, you can login to CDSL portal and authorise the pledge request on the same day. After that, you will have the required margin in your trading account from the next trading day.