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Get Pledge Request Form
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How to fill out the Pledge Request Form online
Filling out the Pledge Request Form online is a straightforward process that can facilitate the management of pledges for securities. This guide provides a comprehensive, step-by-step approach to ensure that you understand each component of the form.
Follow the steps to successfully complete the Pledge Request Form.
- Press the ‘Get Form’ button to access the Pledge Request Form and open it in your preferred editor.
- Begin by entering the PRF number, followed by the date in the designated format (DD/MM/YYYY).
- Indicate whether you are setting up a new pledge or confirming an existing pledge by checking the appropriate box.
- Provide the Pledgor's details, including their DP ID and name, along with the Client IDs for up to three individuals.
- Next, input the Pledgee's details in a similar manner, also providing their DP ID and name with Client IDs.
- Specify the details of the securities offered for pledge, including whether they are free or locked-in securities. List each security's ISIN, company name, lock-in release date, quantity, system-generated PSN, status (accepted/rejected), and pledged value.
- If there is insufficient space, attach a duly signed annexure with additional details.
- Complete the pledge execution and expiry dates, total pledge value in rupees, and agreement number as per the required format.
- Have the appropriate signatories sign the form, ensuring to capture the signatures for both the Pledgor and Pledgee, as applicable.
- Finally, review the completed form for accuracy before saving, downloading, printing, or sharing the completed document.
Start filling out the Pledge Request Form online to manage your securities pledges effectively.
Pledge is used to create a charge over movable properties whereas Mortgage is used in case of immovable properties. In case of pledge, the goods are kept with the lender, whereas mortgaged properties are retained with the borrower.
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