If I buy stocks using Pay Later during the day, can I convert those positions to intraday or delivery on the same day?

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. Once squared off, you can take a fresh position in the same scrip by selecting the Delivery or Intraday product.



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