To know the new pledge process?

Instead of cash, using a POA, you can pledge shares of an equivalent amount from your Demat account into Jainam’s margin pledge account, and then we will re-pledge the shares from Jainam's margin pledge account to the concerned clearing member for the margin requirements. The shares will not be transferred from your Demat account it will be pledged in favour of Jainam Share consultant Private Limited.

For example, You have shares worth Rs 1,00,000. You can now pledge all these shares in favour of JAINAM SHARE CONSULTANT PRIVATE LIMITED. Once the shares are pledged we will provide you with a margin limit benefit after applying an exchange haircut or a minimum of 20% on the stock. Then you will get a limit of Rs 80,000 in your trading account as a margin.