How to pledge G-Sec (Government Securities) in Shoonya by Finvasia? Do you consider these as a cash equivalent?

You can pledge G-Sec (Government Securities) in Shoonya and use collateral margin as a cash equivalent. Please find below the steps of the How to Pledge G-Sec in Shoonya”””” –

1. Log in to the Shoonya app
2. Go to the Hub and tap on Pledge
3. Select the available G-sec and tap on Pledge Now
4. Select the segment, quantity and tap on Pledge
5. Enter the OTP and verify

Please find below the list of approved cash equivalent Government Securities for pledging: –

Note – If you already have G-sec in your other Demat account, you can pledge them by transferring these into your Shoonya Demat account.

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