Using the Pledge Shares facility, you can get funding against your holdings. You can use this funding to trade bigger positions. Let us assume, you want to take an intraday position worth ₹1 lakh but you only have ₹50,000 in your trading account. You need another ₹50,000 to place this order. Now assuming you have shares worth ₹70,000 in your m.Stock Demat account, you can pledge them and get additional margin for trading. In this case, assuming a 20% haircut, you will get ₹56,000 as funding to help you place your desired intraday order. As this is an intraday position, you will not be charged any interest.

You can Pledge Shares and avail margin for Intraday and Futures & Options (buying & selling) across equity. You can also trade with ZERO capital using margin received by availing the Pledge Shares facility and take fresh positions with Pay Later (MTF) for unlimited holding period.