What will happen if I do not accept pledge for MTF trades?

Your stocks will reflect under MTF funded position only if you accept the pledge. If pledge is not accepted, the purchases will be considered as stocks bought in Normal Cash segment without having sufficient funds. It will therefore, attract peak margin penalty and the shares, in such case, will be sold on T+1 day to cover the debit. 

To discourage this, 1% on the pledge transaction value subject to a minimum of Rupees 50 per pledge request, will be debited as charges if the pledge link is not accepted within the prescribed time.

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