With pledge you can use your existing holdings on Dhan as collateral to avail margin benefits. A nominal amount will be charged as interest for utilising this benefit.

In order to pledge for margin on Dhan, make sure you have your portfolio with us. On the Money page you will see an option of “Get Instant Margin” with the margin benefit that you can avail by pledging your holdings. Tap on that and view all the shares available for pledging from your portfolio. Simply select the shares that you want to pledge, a CDSL page will open where you will need to enter the OTP received on your phone & email & your pledge request will be sent. Within the next few minutes, you will receive a confirmation on the addition of pledge margin benefits. Learn More

Here's a list of the shares available for pledging with cash/non cash/cash equivalent bifurcation.

Margin benefit received from pledging your shares will vary as per exchange and risk norms. To view a consolidated list, tap here.

No, we do not charge any interest on the unutilised collateral benefit received from pledging of shares. However, when this margin is utilised for placing a trade, ensure you are maintaining the 50:50 margin criteria, else an interest of 0.0438% will be charged daily on the margin utilised from collateral. Read more about it here.

The margin pledge charges on Dhan is Rs 12.5/request/ISIN + GST.

Shares are pledged almost instantly on Dhan. You will receive margin benefits from pledging your shares within the next few minutes of pledging.

Option to unpledge your shares is available only when you have pledged your shares with us. In order to unpledge your shares, go to the Money page where you will see an option of “Get Instant Margin” using which you may first pledge your holdings. Tap on that and you will see an option to view “Pledged” shares. On tapping on Pledged, all shares that you have pledged with us will be displayed.

Simply select the shares that you want to unpledge between 9am to 3 pm, confirm the unpledge request and a CDSL page will open where you will need to enter the OTP received on your phone & email. Your unpledge request will then be sent. Post a few validations from our risk team, your stocks will be unpledged by the next working day.

Margin is calculated by our RMS based on price movements, liquidity, market cap, exchange margins etc. With movements in the above, margin benefits received from stocks are also updated on a daily basis. You can track them on the company page in the ‘margins’ section or use this compiled list of all the stocks that can be pledged on Dhan.

You will not be able to pledge securities for margin benefit if:
The shares are not available in your free DP (which means that the shares must be available in the user's demat account and must not have margin obligations against them). Citing a few examples:

• Post buying, pledging is only possible after settlement of these shares in your demat account, that is T+1 day onwards.
• Shares bought via the proceeds of collateral margins cannot further be pledged.
• Shares bought via MTF cannot be re-pledged.

If the scrip is not available for pledging as per our Risk Management Systems.
These scrips will reflect under the “Not available for pledging section on Dhan”

You will not be able to unpledge shares under the following circumstances:

• On the same day as pledging of shares.
• If the shares(pledge) have been utilised for exposure or there is a ledger debit against the pledge.