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Asked a question 2 years ago

How to pledge shares in FYERS ?

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Hi Udaykumar,

The process is as below as of now. 

  • Step 1 - You'll need to send a pledge request to support@fyers.in152 with scrip details & quantities.
     
  • Step 2 - Our support team will process it within 30 minutes (Client should request for pledge before 3:30 PM on working days. Requests after 3:30 PM will be considered on the next working day).
     
  • Step 3 - You will have to authorize the pledge by visiting the link that you will receive on the registered Email ID/mobile number - By clicking the received link, you will be redirected to CDSL’s (DP) portal where you are required to mention your PAN or Demat account number and generate OTP to authenticate the margin pledge by entering the OTP received on the registered Email ID/mobile number.
     
  • Step 4 - Pledge will be created in the next 24 hours.