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.
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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 ...
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 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 ...
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.
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 ...