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.
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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 ...
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.
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.
Which stocks are eligible for Pay Later (MTF) ?
We offer Margin Trading Facility (MTF) on over 750 stocks. You can find the list of eligible stocks below. Script_Name ISIN Symbol 3M INDIA LIMITED INE470A01017 3MINDIA AADHAR HOUSING FINANCE L INE883F01010 AADHARHFC AARTI INDUSTRIES LTD INE769A01020 ...
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. ...