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. To view your MTF (Pay Later) holdings under the Current Holdings section, please follow the path below: ...

• 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. ...

• 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.

• 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. 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 ...