The speed-e facility from NSDL allows all the Demat account holders to pledge shares as margin with stockbroker as required by SEBI regulations.
You may pledge the delivery to the stockbroker as margin with ease in few steps.
Step1
Demat Account holders need to visit the NSDL eServices website
Select login for SPEED-e and IDeAS users as shown below
Step 2
The system will take you to the SPEED-e Login page.
Enter the User ID and password to login the SPEED-e System
Step 3
Upon successful login in the SPEED-e system, it will give you all the options for managing your holdings lying in the Demat Account.
To pledge the delivery to the stockbroker as margin you need to enter into the Margin Pledge / Re-Pledge Submit Instructions.
Select the option for Margin Pledge / Re-Pledge Submit Instructions available in the left-hand side panel in the system.
Note: You need to disable the popup blocker for the website to enter in the above segment.
Step 4
A new window will pop-up, whereby you may pledge the deliveries to the stockbroker.
Step 5
Click on the Margin Pledge option available on the top menu.
Upon clicking the Margin Pledge, you will get the submenu in the left panel.
This will also open the Margin Pledge Initiation form.
Select the Search button as highlighted under to select the Unique Client Codes registered with the Demat Account.
Step 6
When you select the search button, the system will populate all the registered Unique Client Codes associated with the Demat Account.
Select the Unique Client Code and press the Add button.
Step 7
Based on the selection, all details will auto-populate in the Margin Pledge Initiation form.
You will also see all the freeholding lying in your Demat account.
It is advised to tickmark the All Segment option to enable the stockbroker to provide you the limit in all segments.
You also need to enter the remarks in the given column.
Step 8
Now you need to select the holding that you wish to pledge with the stockbroker for margin purposes.
We selected one script as shown in the image below.
You have the option to either pledge the whole quantity or as you need to give for the margin.
In the image below we are pledging the whole quantity for margin.
You may also select multiple scripts in one go.
After selecting the script press the Submit button.
Step 9
Once you submit the request, the system will take you to the Confirmation page.
All your selections will be shown.
The system will send the One Time Password (OTP) on your registered mobile no.
Verify all the punched details, enter the OTP recieved on your mobile, and press the Confirm button.
Once the OTP is verified, you will get the System Acknowledgement for the pledging of the securities with the stockbroker as under:
Our officials will verify the details at our end and will provide the margin benefits.