How To Unpledge Your Shares in Zerodha?

Finance Guru Speaks: This article will guide you on how to Unpledge your existing pledged Shares in Zerodha.

Zerodha, as a Trading and Demat Account, has gained very wide popularity because of very low-cost trading and ease of use. If you don't have the Zerodha account, then you can open it through this LINK. It is very easy to open a Demat Account in Zerodha.

To begin with, normally you pledge your shares to generate the Margin, which can be later used for trading Intraday, Futures, or Options. 

You can refer to below article to know how you can pledge your Shares in Zerodha :-

How To Pledge Your Shares in Zerodha and Generate Margin

Once your Margin requirements are over or you would want to sell your Shares in the Market, then you need to unpledged them from the Exchange so that it would return to your Demat Account.

Steps to Unpledge your Shares in Zerodha:-

1. Login to Zerodha after clicking here. Provide your User ID, Password, and then your assigned PIN to Login.

Zerodha Login

Zerodha Login

2. On the Home Page, go to the Console. You can click this link as well once you logged in, to go to Console.

3. On the New Page, Click on Portfolio and then on Holdings:-

How To Unpledge Your Shares in Zerodha

4. Select your Share to be Unpledged. As an example, we are using existing pledged ITC Shares to be unpledged for 49 Quantity. Click on Options (...):-

How To Unpledge Your Shares in Zerodha

Then click on Unpledge as shown below:-

How To Unpledge Your Shares in Zerodha

5. Enter your no. of shares to be unpledged as 49. Click on Submit:- 

How To Unpledge Your Shares in Zerodha

                                    
Congratulations! You have successfully placed an Unpledging request and the Shares will be available in your Demat Account as per the instructions shared by Zerodha. Once the Shares are unpledged, you can sell them or pledge again to generate the margin.

How To Unpledge Your Shares in Zerodha

                            

Also Read:

How To Pledge Your Shares in Zerodha

More Articles on Zerodha

Images Courtesy: Zerodha Website

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