What are the benefits of using Pay Later?
Better control and flexibility in trading
Enhanced leverage using collateral margin
Transparent view of cash vs. leveraged positions
Easy conversion and tracking of MTF holdings
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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.
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 ...
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 ...
In which scenarios will Pay later (MTF) position be liquidated ?
Pay later (MTF) position can be liquidated in the following scenarios: 1. Margin Call: If the value of your MTF funded position / Non cash pledge collateral value drops significantly, it may trigger a margin call, requiring you to add additional ...