Key benefits of the new pledge system are as under

• Even after pledging also, the stocks will be retaining in the clients demat a/c only whereas the pledge alone will be created in the favour of Goodwill wealth management pvt ltd
• Not even a single Quantity of Stock will be pledged without consent of Client using OTP mechanism facilitated by CDSL.
• The complete track of pledge, re-pledge and un-pledge of stocks that done either at clearing member/ clearing corporation level can be viewed in the CDSL depository system using client login credentials.
• In this new system, the Corporate actions like dividends, bonus, rights, etc will get update directly to the client’s account.