Overview

FYERS Pledge enables investors to convert holdings (equities, ETFs, approved mutual funds) into collateral margins quickly and fully online. By pledging securities to the broker, users receive collateral margins that can be used for intraday equity trading and Futures & Options, while retaining ownership rights such as dividends and voting. The workflow is designed for fast online pledge/unpledge, low haircuts on eligible instruments, and same/next-day availability of margins in many cases.

Features and Capabilities

• Eligibility & Instruments: Pledging supports a broad set of approved instruments: listed equities, selected ETFs, and certain mutual funds — each with pre-set haircut values and eligibility criteria. The eligible list is maintained centrally and updated periodically.
• Process & UX: 100% online pledge/unpledge process through the FYERS pledge portal or portfolio section; pledges can be placed with a few clicks and confirmed via standard demat authorisation flow.
• Collateral Margins: Pledged securities immediately provide collateral margin that can be used for intraday equity and F&O trading, improving buying power without selling holdings.
• Sell Without Unpledge: In supported situations, users can sell pledged holdings without first unpledging them, enabling fast access to market opportunities.
• Settlement & Timing: Margins released from pledging are typically visible within the same or next working day depending on instrument and internal processes.
• Charges & Interest: No interest charges are levied on collateral margins; the service is positioned as a cost-efficient collateral facility (standard brokerage fees still apply for trades).
• Security & Compliance: Operates via standard demat and CDSL/NSDL authorisation flows; uses industry-standard authorisation and settlement procedures to ensure regulatory compliance.
• Support & Docs: Knowledge-base articles and step-by-step guides exist for placing pledge requests, checking pledge status, and understanding haircuts and eligible securities.
• Operational Controls: Users can view pledged/unpledged status, available pledgeable quantity, and history from their portfolio/holdings dashboard.
• Use Cases: Particularly helpful for traders who want to increase F&O/exposure without liquidating long-term holdings; also for traders seeking short-term collateral liquidity.