Introducing TradeMargin+ on INDstocks - Pledge portfolio stocks for boosted trading capital
Are you also one to have a diversified portfolio with stocks, ETF’s but a negligible trading wallet balance that’s stopping you from leveraging trading opportunities?
If yes, then we have the perfect solution for you.
Presenting TradeMargin+ on INDstocks - wherein pledging your portfolio stocks will instantly boost your trading capital. So, get set to now take bigger positions with confidence.
What is TradeMargin+?
TradeMargin+ allows you to pledge existing portfolio stocks or securities as collateral to boost their trading capital. Margin pledging provides traders with extra capital, enhancing their buying power without selling their current holdings. Investors can pledge their securities to the brokerage, which then provides a loan or additional margin based on the value of the pledged assets.
What securities can you pledge?
Presently, you can pledge over 1500+ stocks on INDmoney for Intraday and F&O trading.
What are the conditions to start pledging?
The entry to pledging on TradeMargin+ on INDstocks is completely FREE. Additionally, you will need the following to start your pledging journey:
- A demat account on the INDmoney App
- Active stock holdings on the INDmoney App
- The selected stock should be available for pledging
How to activate TradeMargin+ on INDstocks?
Pledging your stocks for boosted trading capital is a simple process on the INDmoney App. You can follow the below steps to activate this feature for free:
- Head to your INDstocks dashboard on the INDstocks App
- Under My Stocks< your holdings, click on the “Unlock” to activate your FREE trading balance
- On the next screen, select the stocks you would like to pledge. You will also be able to customise the quantity per share upon clicking the ‘edit’ button
- Click on “Unlock Now” to confirm
- This will redirect you to the CDSL website. Here, crosscheck the transaction details and confirm with a OTP verification, which will be sent to your verified mobile number.
- Your trading balance will be updated within 10 minutes
When will the boosted trading capital be credited?
The boosted trading balance will be unlocked and credited to your wallet within 10 minutes, which you will be able to utilisize across Intraday and F&O trading. You will be notified regarding the same via the INDmoney app directly.
Terms and Conditions
- The trading balance from pledged stocks can be used for intraday and F&O trading
- Pledge services are available between 8AM to 7PM on trading days
- You can unpledge by raising a ticket and will be charged ₹20/- + GST per ISIN(per share quantity)
- Entry to pledging is absolutely free*
- For the complete pricing structure, head to - INDmoney Pricing
Happy investing!
Track, Invest and Grow your money with INDmoney - India’s SuperMoneyApp.
What is TradeMargin+?
TradeMargin+ is a INDstocks feature that allows you to pledge your existing portfolio stocks or securities as collateral to boost your trading capital. This provides traders with extra capital, enhancing buying power without the need to sell current holdings.
What securities can I pledge?
Currently, you can pledge over 1500+ stocks on INDmoney for Intraday and F&O trading.
What are the conditions to start pledging?
To start pledging with TradeMargin+ on INDstocks, you need:
- A demat account on the INDmoney App.
- Active stock holdings on the INDmoney App.
- The selected stock should be available for pledging.
When will I receive the boosted trading capital?
Your boosted trading balance will be unlocked and credited to your wallet within 10 minutes, ready for use in Intraday and F&O trading. You will also receive a notification from INDmoney on your registered mobile number.
Are there any fees associated with pledging?
Entry to pledging is absolutely free. However, if you want to unpledge, you will be charged ₹20/- + GST per ISIN (per share quantity).
What can the trading balance from pledged stocks be used for?
The trading balance from pledged stocks can be used for Intraday and F&O trading.
What are the available times for using pledge services?
Pledge services are available between 8 AM to 7 PM on trading days.
How do I unpledge my stocks?
You can unpledge your stocks by raising a ticket on the INDmoney App. A fee of ₹20/- + GST per ISIN (per share quantity) will be charged for unpledging.