What happens to the securities withdrawn as margin?
Withdrawal may be done in two ways : (a) ‘Reduce’ out of a deposit request in the ‘Request Book’ sub-link under the ‘Shares as Margin’ link in the F&O section for which a pledge creation is yet to initiated on your behalf, i.e. in ‘Requested’ status (appearing as ‘Quantity Blocked’ in the ‘Deposited Securities’page in the F&O section and appearing as ‘Blocked for Margin’ in the ‘Demat Balance’ page in the Equity section) (b) ‘Withdrawal’ out of Pledged Quantity from the Deposited Securities page (appearing as ‘Quantity Pledged’ in the ‘Deposited Securities’ page in the F&O section) In case of (a), the quantity withdrawn is immediately released and reduced from both (i) ‘Quantity Blocked’ in the ‘Deposited Securities’ page in the F&O section and (ii) ‘Blocked for Margin’ in the ‘Demat Balance’ page in the Equity section. As a result, the securities limit also reduces. In case of (b), the pledge(s) is/are closed to the extent of the withdrawal request in due course. When you make a withd
