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How can clients use shares in Demat account for margin in the F&O segment?

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IIFL is the clearing member of Compositedge for clearing the trades. The clients can utilize margin against shares in the Demat account by taking the pledge with the clearing partner IIFL.

But, for moving shares from the Demat account whether in or out, you have to pay charges. The broker charges Rs 20/ and -+12 per order request as a CDSL charge for pledging and unpledging of shares.

You have to send a request mail for pledging of shares. Unpledging of shares must be one day prior to placing orders to sell stocks.



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