Will I be charged interest on Pay Later positions?

Interest and Demat Charges

MTF pledge/Unpledge Charges - ₹20 + GST.

This charge applies to each individual transaction for each Scrip/ISIN.

MTF Interest Charges –

Note: Interest charges are billed on weekly basis

MTF interest charges will be applied on the outstanding MTF debit amount leveraged by 5paisa.

Delayed Payment Charges (DPC) – 0.045% per day.

If you use the margin obtained from pledged stocks to meet the margin requirement in MTF, a delayed Payment charge (DPC) is charged on the Margin utilized amount.

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• 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 ...

• How do I convert my Pay Later holdings to Delivery?

  To Convert MTF Pay Later Shares to Delivery: Through App: Click on Stocks Click on User Select Net Available Margin Tap on Know More → MTF Summary Click on Pay Now Select stock(s) & modify quantity if needed Choose to use Cash Available or Add Funds ...

• Can I do Pay Later trades in both NSE and BSE?

  Yes, we offer Margin Trading Facility (MTF – Pay Later) on both NSE and BSE, allowing clients to take leveraged delivery positions across both exchanges.

• 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.

• 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. ...