Comment on Understanding the new margin pledge system — effective Aug 1, 2020

Pappu Minglani commented on 28 Aug 2020, 09:16 PM

Hi,

How to make sure that the Pledgee BO ID as displayed on the CDSL pledge OTP webpage is of Zerodha only.

1) We dont know Zerodha’s BO ID.
2) There is no mention of Zerodha’s name on the CDSL webpage.
3) This becomes more confusing if someone is pledging to multiple brokers.

Basically how to be sure that the Pledgee BO ID and the Broker match.

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