Will I be charged interest on Pay Later positions?

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.