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.
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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.
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.
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.
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: ...