How can I place a margin pledge request on MyGeojit?

Your pledge-eligible scrips will be listed as Cash Equivalent and Non-Cash Collateral in your MyGeojit account. Mutual funds including direct funds in DP can be offered for pledge.

Pledge Requirements

Securities should be available in the client’s Demat (DP) account.
The DP account must be with Geojit.
The account should be a single-holder account.
The list of eligible Mutual Funds, Equities, and ETFs can be viewed directly in MyGeojit at the time of placing the pledge request.
The client must have a PoA/DDPi-authorized. Only clients with PoA/DDPI-authorized accounts will be able to place a margin pledge request online through MyGeojit or by calling a branch/customer care.

To place a margin pledge request through MyGeojit:

Step 1. Login to MyGeojit and Go to My Accounts.

Step 2. Select Funds.

Step 3. Click on the subcategory Pledge.

Step 4. Your pledge-eligible scrips will be listed as Cash Equivalent and Non-Cash Collateral. The total expected margin will be displayed at the bottom of the page.

Step 5. Select the scrip you wish to pledge.

Step 6. Enter the quantity.

Step 7. Click Pledge.

Step 8. Your request will be submitted.

Step 9. You will receive an email/text message from NSDL containing a link. Click it.

Step 10. On verification of approved instruments that can be pledged and validation of your holdings, a request will be sent to the concerned depository (NSDL/CDSL).

Step 11. Post depository approval, you will be sent a confirmation link (from Geojit and your depository) to your registered mobile number and email ID. This link will be valid till the end of the business day of the depositories.

A sample of the email/SMS is given below:

“Dear Investor, your DP GEOJIT INVESTMENTS LIMITED has initiated a margin pledge from your (NSDL/ CDSL) demat account INxxxxxx xxxxxxxx. You may confirm the same by clicking on https://eservices.nsdl.com/xxxxxxxxxxxxxx”

The link will redirect you to the NSDL/CDSL eServices site, where you will be required to:

i. Enter your PAN

ii. Check the 'I am not a robot' box > Submit

iii. Check the instruments and quantity to be pledged

iv. Submit and validate the request with an OTP

In case you haven't received the margin pledge request email/SMS, use the following link of your respective depository- NSDL / CDSL- to accept.

NSDL:

CDSL:

You are not required to unpledge securities to sell them; you can directly place a sell order. Geojit will release the pledge and deliver the necessary securities to the exchange.

Online Pledge facility is not available for joint account holders

Still need help? Create Ticket