What is pledging?
Instead of using your own money, you can consider using your existing shares/ ETFs as a security deposit to borrow money instantly from us to invest. This is called pledging. With pledging, you can get extra buying power without having to dip into your bank account.
It's like saying, "Hey, I've got these valuable stocks, can I borrow some money against them?" With your stocks as collateral, ArihantPlus lets you borrow some money at a nominal interest rate. All you need to do is go to your holdings and click on the pledge button to see a list of stocks you can pledge to borrow along with the haircuts applied. You can then select the securities you want to pledge and verify your request with an OTP.
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