InvestorQ : Can a borrower pledge more securities in the same loan against securities/shares (LAS)? How long does it take?
Suresh Patil made post

Can a borrower pledge more securities in the same loan against securities/shares (LAS)? How long does it take?

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Tarun Madaan answered.
3 years ago
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Yes, you may pledge more securities to increase the loan drawing power of your account.

The process of pledging more securities will take two business days for the drawing power to change.

You can easily change the Depository Participant ("DP") but the sanction limit cannot be changed.

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