How do I convert my Pay Later holdings to Delivery?

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• 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.

• How is Pay Later different from regular Delivery trades?

  Delivery Orders: Require 100% cash margin upfront. Pay Later Orders: Let you use collateral margin based on stock-specific leverage, boosting your buying power.

• 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.

• 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.

• How to convert Intraday trades into delivery?

  To convert intraday trades into delivery, you typically need to follow these steps: 1. Check Exchange Rules: Before proceeding, ensure that the stock exchange where you trade allows intraday trades to be converted into delivery. Not all exchanges or ...