How do I activate the Pay Later feature?

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.

    • Related Articles

    • 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 ...

    • 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.

    • 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 ...

    • 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: ...

    • 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 ...