What happens if I pledge T1 holdings?

If I submit a pledge request for T1 holdings, when will I get the pledged margin?

request

T1 Holdings shall be settled as soon as the payout is obtained from the alternate, often round 2 PM. Though the system allows you to a pledge request and authorize it, the standing will stay marked as overdue till the T1 Holdings are credited to your account. Upon crediting the shares to your account, the pledge standing will replace to accepted, and it is possible for you to to entry the margin from the next day (T+2). The aim of accommodating T1 Holdings is to expedite the method, enabling purchasers to obtain margin on T+2 as an alternative of T+3.

Thanks a lot for the clarification!

The aim of accommodating T1 Holdings is to expedite the method, enabling purchasers to obtain margin on T+2 as an alternative of T+3.

Somebody actually thought this via and I actually recognize this.

Upon crediting the shares to your account, the pledge standing will replace to accepted, and it is possible for you to to entry the margin from the next day (T+2).

Nonetheless, if T1 amount is pledged, you get the margin and all however on the Pledge holdings web page it’s at all times marked as PENDING > FAILURE for that inventory. That is even after Kite and Console holdings present it as P amount. Therefore, standing by no means will get up to date to ACCEPTED as quoted above. I assume it’s only a small difficulty however somebody ought to get it fastened. Screenshot hooked up in your reference –

Nonetheless, if T1 amount is pledged, you get the margin and all however on the Pledge holdings web page it’s at all times marked as PENDING > FAILURE for that inventory. That is even after Kite and Console holdings present it as P amount. Therefore, standing by no means will get up to date to ACCEPTED as quoted above. I assume it’s only a small difficulty however somebody ought to get it fastened. Screenshot hooked up in your reference –

The purpose of ACCEPTED is in reference to the depository degree. Within the console, the standing will get captured solely as soon as through the authorization time. If any standing adjustments on the depository degree throughout a day, it doesn’t get up to date within the console. This is because of some restrictions on standing updates from the depository. We’ve already addressed this difficulty with the depository, and in future updates, will probably be fastened.