Search in Indianmoney's WealthPedia

What should one do to pledge electronic securities?

By IndianMoney , 8 months ago

A. Both BOs, investor (pledgor) and the lender (pledgee) must have BO an account with the same depository, B. Pledgor will have to instruct DP to create pledge in prescribed standard form (Pledge Request Form) with the details of the securities, C. The lender (pledgee) has to confirm the request through his /her DP, Once this is done, securities are pledged. D. All financial transactions between the pledgor and the pledgee are handled as per usual practice outside the depository system.

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!

This is to inform that Suvision Holdings Pvt Ltd ("") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.