As we enabled Pledging of Shares on Dhan, we have kept on adding more and more securities that we can accept as collateral and cash equivalent for traders to get the max benefit for their trading.
From today, we are expanding this list of acceptable securities for pledging even further. On Dhan, we will be accepting Government Securities as pledge and yes - this will be considered as a Cash Equivalent.
Dhan users will be able to get 90% of collateral value as margin which can be used as Cash Equivalent.
Scrip Name
ISIN
Collateral Var %
Collateral Benefit %
Component consider as a Margin
610GS2031
IN0020210095
10.00
90.00
CASH COMPONENT
618GS2024
IN0020190396
10.00
90.00
CASH COMPONENT
667GS2050
IN0020200252
10.00
90.00
CASH COMPONENT
676GS2061
IN0020200401
10.00
90.00
CASH COMPONENT
68GS2060
IN0020200187
10.00
90.00
CASH COMPONENT
You can access the complete list of accepted securities as Collateral Cash Equivalents - here
Please Note: We will only be accepting Government Securities which is traded in the Secondary Market for pledging.
Can we bought g security on dhan ? When i cheked On Go bid that time i think dhan is not available as i cheked and go bid g security reflect on dhan web or itβs available only on cdsl
? How we can plage on dhan please explain in detail
@kuldeep can you please add 824GS2027 securities , because i pledge these securites in zrodha , i need to transfer to dhan , its already approved by clearing corporation
Hi @kuldeep ,
I am wondering when mutual funds and other bonds will be available for pledges in Dhan. Is there any possibility before launching a mutual fund platform in Dhan if we transfer from other platforms?
@Beena NSE / BSE is the market place for retail investors. NDS-OM operated by RBI has a minimum ticket size of Rs. 5 cr.
As I mentioned, Risk is not just of the broker but also of the client. If the liquidity is low, the paper would be sold at far below price, which will create un-necessary loss to the client.
We allow Options Buying also over the pledged margin which makes us more prone to risk as compared to others.
However, having said this, we review the list of securities that could be accepted as pledge on periodic basis, please allow us some time to review the G-Secs and update the list. Will inform you over this portal / post once done.
From liquidity (and also 10Y ROI HTM) perspective, I think LTGILTBEES could be a better instrument for pledging, however it can also go down in short term like G-Sec.
@amit yes the LTGILTBEES are good alternative for G-Sec. If the motive is investing in fixed income securities and using the pledge proceeds as margin for F&O trading, I think LTGILTBEES are great. They come with a haircut of 8% as compared to 10% in the G-Secs
Is there a list of all the securities which can be pledged be it stocks,etfs,bonds,gsecs
which i can filter and can you pin the sheet to the main post so we can easily track