General

What happens to the securities pledged as margin?

When you create a pledge on securities in favour of I-Sec, a separate request is created to pledge each security. The status of these requests can be tracked in the 'Status Book' sub-link under the 'Shares as Margin' link in the F&O and Equity section. Till such time that the pledge creation is actually initiated by ICICI Securities on your behalf (i.e. the status changes from 'Requested' to 'In Process' status), the requested quantity appears as 'Pledge Requested Quantity' in the 'Demat Allocation' page in the Equity section. In case you make a further deposit of the same security before the pledge request is initiated on your behalf (i.e. is in 'Requested' status), only the pledge request quantity is increased instead of creating a new pledge request. You can view the pledge order no. allotted by the Depository for each pledge creation here in the Status Book.