Paylater
In which scenarios will Pay later (MTF) position be liquidated ?
Pay later (MTF) position can be liquidated in the following scenarios: 1. Margin Call: If the value of your MTF funded position / Non cash pledge collateral value drops significantly, it may trigger a margin call, requiring you to add additional ...
Can I cancel a request placed for convert to delivery?
No, at present, customers do not have the option to cancel a request once it has been submitted for conversion to delivery .
How are taxation and P&L reports updated in Portfolio Section?
As per the regulations, taxation for MTF trades is done on a First-in First-out (FIFO) basis at the demat level. Your MTF trades are treated like any other delivery trade (CNC), and a combined P&L is prepared accordingly .
Can I place an AMO (After Market Order) order using Pay Later (MTF)?
Yes, AMO orders can be placed using Pay Later; however, only limit orders are allowed for AMO.
Can I buy stocks using Pay Later (MTF) on a settlement holiday?
Yes, stocks can be bought or sold using Pay Later (MTF) on a settlement holiday. However, T1 holdings (i.e., BTST holdings) cannot be sold on a settlement holiday. For example, if Friday is a settlement holiday and you bought stocks on Thursday using ...
What happens to stocks bought using Pay Later (MTF) during corporate actions?
Yes, even if a shareholder has bought the shares using (Pay Later) MTF, the corporate action benefits will still be issued, and the MTF holdings will be automatically updated once the new shares are approved for listing.
If I buy stocks using Pay Later during the day, can I convert those positions to intraday or delivery on the same day?
No, if the stocks are bought under Pay Later on a particular day, converting the Pay Later position into delivery or intraday on the same day is not possible. In this case, you would need to square off the Pay Later position bought on the same day. ...
Can I do Pay Later trades in both NSE and BSE?
Yes, we offer Margin Trading Facility (MTF – Pay Later) on both NSE and BSE, allowing clients to take leveraged delivery positions across both exchanges.
Is BTST allowed on stocks purchased using the Pay Later option?
Yes, but the risks associated with the BTST transaction are that the client may not receive delivery of the shares and subsequently fail to deliver the shares for the sell transaction, which can lead to a penalty.
What is the maximum funding allowed under Pay Later?
The maximum MTF funding is ₹1 crore per account.
From where can I view the status of the requests placed for "Convert to Delivery"?
You can view the status of the request placed from the "Request Summary" section. Below is the path to view the same: Through App: Click on Stocks Click on User Select Net Available Margin Tap on Know More → MTF Summary Click on Request Summary ...
Can I use Pay Later for intraday trading?
No, Pay Later is specifically designed for delivery-based trades using margin. It is not applicable to intraday orders. However, if you have bought a scrip under Pay Later on a particular day and wish to exit it on the same day so that your trade is ...
Will I be charged interest on Pay Later positions?
Interest and Demat Charges MTF pledge/Unpledge Charges - ₹20 + GST. This charge applies to each individual transaction for each Scrip/ISIN. MTF Interest Charges – Note: Interest charges are billed on weekly basis MTF interest charges will be applied ...
What are the benefits of using Pay Later?
Better control and flexibility in trading Enhanced leverage using collateral margin Transparent view of cash vs. leveraged positions Easy conversion and tracking of MTF holdings
How do I activate the Pay Later feature?
New Users: You can activate Pay Later instantly via the Order Form → Pay Later / Margin section by accepting the terms. Existing Margin Plus Users: Pay Later is already active by default.
How quickly are conversion requests processed?
Conversion requests are processed on the same day, with immediate margin blocking once the request is submitted. Note: The "Pay Now" (Convert to Delivery) option is available on trading days from 8:00 AM to 8:00 PM. Once initiated, the shares will be ...
Where can I see my Pay Later holdings?
All your MTF (Pay Later) holdings appear under the Current Holdings section. You can place new buy orders or initiate conversions from there. To view your MTF (Pay Later) holdings under the Current Holdings section, please follow the path below: ...
Can I partially convert my Pay Later positions?
Yes, partial or full quantity conversions are allowed. However, you can only submit one request per script per day.
How do I convert my Pay Later holdings to Delivery?
To Convert MTF Pay Later Shares to Delivery: Through App: Click on Stocks Click on User Select Net Available Margin Tap on Know More → MTF Summary Click on Pay Now Select stock(s) & modify quantity if needed Choose to use Cash Available or Add Funds ...
Is there a separate ledger for Pay Later transactions?
Yes, 5paisa maintains: Equity (Cash) Ledger MTF Ledger This gives you clear visibility of your actual cash and leveraged positions.
How does Pay Later help with margin utilization?
Instead of using only cash, you can leverage your collateral margin (approved stocks pledged as security) to increase your buying power under Pay Later orders.
Which stocks are eligible for Pay Later (MTF)?
Over 750 stocks are available under Pay Later. You can check a stock’s eligibility for MTF or T+5 directly on the Pay Later screen.
How can I place a Pay Later order?
On the order form, you’ll see an option to choose between Delivery and Pay Later. Select Pay Later to use leverage instead of full cash upfront.
How is Pay Later different from regular Delivery trades?
Delivery Orders: 100% of the required margin to be paid from cash ledger balance. Pay Later Orders: Let you use collateral margin based on stock-specific leverage, boosting your buying power.
What is the Pay Later feature by 5paisa?
Pay Later is a premium trading feature combining Margin Trading Facility (MTF) with a T+5 settlement period. It allows you to use your collateral margin for delivery trades, giving you more flexibility and control.