Unpledge on WebNotes

How to unpledge holdings on Zerodha

Tue, 12 May 2026 00:00:00 +0000

Unpledging holdings on Zerodha releases the lien created over your equity shares or ETFs at CDSL, converts the securities back to free delivery holdings, and withdraws the corresponding collateral margin from your trading account. The procedure is the reverse of the pledge process and is generally completed without requiring a separate CDSL TPIN OTP, since the instruction is from the client to the broker (a release instruction, rather than a creation instruction).

Pledge and unpledge charges at Zerodha

Mon, 11 May 2026 00:00:00 +0000

Overview

Zerodha clients who wish to use their existing equity holdings as margin collateral for futures and options trading must pledge those shares with Zerodha. The pledge creates a lien on the shares in favour of the broker (and ultimately in favour of the exchange’s clearing corporation). Zerodha charges Rs 30 plus 18 percent GST (total Rs 35.40) per pledge instruction, and the same charge applies per unpledge instruction when the lien is released.