After pledging shares on our app, it is mandatory to complete the CDSL authorisation process by clicking on the link that you receive on your email and SMS from CDSL.
You will receive this email and SMS from CDSL before 8:00 PM on the day you pledge your shares and you need to approve the request before 10:00 PM on the same day. If you do not approve this, your request will be rejected and you will not be able to avail margin against shares.
Email and SMS from CDSL
SMS
CDSL procedure
1.After clicking on the link sent via email or SMS you will be redirected to the CDSL website where you need to enter your Demat account no. or PAN card details
2.After entering the details click on ‘Submit’
3.Check the square box to select the pledge transaction and click on ‘Generate OTP’
4.Enter the OTP received on your registered email and mobile no. and click on ‘Submit’
5.Check the Terms & Conditions and click on ‘OK’
6.A confirmation notification will be displayed
7.After this the authorisation process is complete!