Which stocks are approved for pledge at Jainam to get collateral margin?

Which stocks are approved for pledge at Jainam to get collateral margin?

 

Check out Jainam's list of approved stocks for pledge. 

The client can pledge only approved stocks given in the above link to get collateral margin at Jainam. A haircut will be deducted by Jainam from the value of stocks pledged while providing collateral margin on the pledge.
For example:
If for a scrip ABC, the haircut is 10%, then the client will get a collateral margin of ₹90 by pledging shares of ₹100.

To pledge your stock, see how to pledge securities at Jainam to get collateral margin.


RELATED FACTS:

  • Haircut is based on the VaR Margin and ELM. Var margin is a margin intended to cover the largest loss (in%) that may be faced by an investor for his shares (both purchases and sales) on a single day with a 99% confidence level. The VaR margin is collected on an upfront basis by a broker at the time of trade.
  • Jainam charges ₹5 + GST per ISIN per pledge request for margin pledge. To know more about charges, see What are the charges for pledge or unpledge at Jainam?