What are the charges for pledging and unpledging shares?

A charge of ₹20 + GST per scrip (ISIN) per request is applicable for both pledging and unpledging shares.

Example:
1. Pledging Shares:

• If you pledge 100 shares of a single scrip (ISIN) in one request, the charge will be ₹20 + GST
• If you pledge the same 100 shares in five separate requests, the charge will be (₹20 + GST) × 5

2. Unpledging Shares:

• If you sell pledged shares, the system will automatically unpledge them, and unpledging charges will apply based on the number of pledge requests made earlier
• For instance, in the above example, if the 100 shares were pledged in five separate requests, selling them will incur unpledge charges of ₹20 × 5

To optimize costs, try to consolidate your pledging or unpledging of shares into fewer requests whenever possible. You can also choose to unpledge the shares at your end, without selling them. To know more about this, click here.