Listed equity shares of approved companies subject to 15% margin
Equity shares of Approved companies in demat form subject to 15% margin (Nifty Scrips) and 25% margin (30 other scrips pertaining to Junior Nifty group)
Listed units of mutual funds subject to 15% margin
Unlisted units of mutual funds subject to 15% margin of the NAV of the units prevalent on the last day of the preceding month
Listed PSU bonds subject to 15% margin
Other debt securities admitted for trading on Wholesale debt market segment of NSE subject to 15% margin
Listed GOI / Treasury bills subject to 10% margin
Units under Unit Scheme 1964 of UTI to be valued at the lowest of the repurchase prices prevalent in the preceding 12 months
Deposit of Fixed Deposit Receipts (FDRs) issued by approved Banks. In case of FDRs, the members have to submit the following :
- Original FDR issued by any approved Bank and drawn on specified cities
- A Letter from the Bank in a specified format.
- A Letter from the Member in a specified format
- SHCIL Charges upfront
- National Savings Certificate and Kisan Vikas Patra issued by Post office,
- SGL Securities,
- Certificate of Deposits (CDs) issued by Banks / Institution.
NSE members may also pledge dematerialised shares in favour of NSCCL for
security Base Capital and additional base capital requirements. The
demat shares pledged by a member as additional base capital will be
considered for the purpose of gross exposure computation. In case of
demat scrips, the following conditions apply:
1. The member has to open a separate beneficiary account for Base Capital and
Additional Base Capital
- in the name of
Partners / their spouse in case of Partnership Firms
- in the name of Corporate / Directors of the Company in case of
Corporate clearing members
- in the name of Proprietor / spouse in case of Proprietory concerns,
2. The securities to be pledged to be transferred to the account.
Pledge Instruction along with pledge deed in specified format to be
given to SHCIL
3. After pledge is created in favour of NSCCL, valuation is given to
NSCCL by SHCIL
4. Closure of pledge takes place at the instruction of NSCCL
Replacement / Addition of securities also available
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