Comment on Understanding the new margin pledge system — effective Aug 1, 2020
commented on
03 Aug 2020, 10:56 AM
Hi,
I tried to pledge a scrip of more than 3 lac.
I get an error “Failed to pledge/unpledge: You cannot pledge more than Rs.200000 for the same instrument. You are exceeding it by Rs.100959.4912”.
Also, if I pledge less than 2 lac, I didnt receive a mail from CDSL to confirm the pledge. Is the new system active?