If the request for unpledge of the holdings is received before 3:00 PM on working days, the holdings will be unpledged by EOD and will be available in your Demat for trading on the next working day. However, requests received after 3:00 PM will be processed on the next working day and will be available for trading the day after.
1. Unpledge request will be processed only to the extent of unutilized pledged margin.
2. The unpledge request will be rejected if you’ve any open positions and the pledged margin is used for the same. You’ll need to infuse the required funds or square-off such positions before placing the unpledge request.