Is BTST allowed on stocks purchased using the Pay Later option?
Yes, but the risks associated with the BTST transaction are that
the client may not receive delivery of the shares and subsequently fail to deliver
the shares for the sell transaction, which can lead to a penalty.
Related Articles
Can I buy stocks using Pay Later (MTF) on a settlement holiday?
Yes, stocks can be bought or sold using Pay Later (MTF) on a settlement holiday. However, T1 holdings (i.e., BTST holdings) cannot be sold on a settlement holiday. For example, if Friday is a settlement holiday and you bought stocks on Thursday using ...
Can I place an AMO (After Market Order) order using Pay Later (MTF)?
Yes, AMO orders can be placed using Pay Later; however, only limit orders are allowed for AMO.
How to add funds using UPI ID?
To transfer funds via the UPI method using a UPI ID that is not linked to the same mobile device, please follow these steps: Log in to the 5paisa Mobile App. Tap on the 'User' option and select 'Add Funds'. 3. Enter the amount you wish to transfer ...
What happens to stocks bought using Pay Later (MTF) during corporate actions?
Yes, even if a shareholder has bought the shares using (Pay Later) MTF, the corporate action benefits will still be issued, and the MTF holdings will be automatically updated once the new shares are approved for listing.
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.