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How to pledge securities to get collateral margin ?
To pledge securities and avail collateral margin on CubePlus, follow these simple steps:
- Log in to your CubePlus account.
- Click on your User ID in web, Profile in Mobile App.
- Navigate to Reports.
- Select Portfolio.
- Choose Margin Pledge.
- Select the desired option in the Exchange Tab (Equity for Equity and Equity derivatives segment or COM for Commodity segment).
- Click 'View.'
- Select the stock along the quantity you wish to pledge
- Note: Only exchange-approved securities will appear for pledging
- Note: Only exchange-approved securities will appear for pledging
- Click on 'Pledge.' A new CDSL page opens up for you to authenticate the pledge.
- Enter OTP and click on verify to authenticate your pledge instruction
That's it! - Once Tradejini receives the pledge creation confirmation from CDSL, we will internally initiate further repledging to the respective CC(Clearing Corporation). All the pledge requests created before 6 pm on a working day will be processed on the same day and the margin benefit will generally be available for the next trading day.
If you have any further questions or need assistance, please connect with our support team by writing to us at help@tradejini.com.
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