How do I activate the Pay Later feature?

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• 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.

• 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 ...

• 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.

• 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 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.