How much margin is applicable for BNPL orders?
BNPL margin changes depending upon the stock category.
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Is BNPL applicable to all stocks?
This order type is valid only for NSE Cash segment buy side orders and is not available for F&O segment, BSE Cash segment buy side orders and NSE, BSE Cash segment sell side orders. On the IIFL markets app you can check the stocks on which BNPL is ...
Is Buy Now Pay Later (BNPL) the same as Margin Trading Facility (MTF)?
Yes, Buy Now Pay Later (BNPL) is the same as Margin Trading Facility (MTF).
How to avail BNPL?
Client can choose the product "BNPL" and place a buy order. After that client need to pledge the stock to avail margin benefit.
What is Margin?
1.The net funds utilized for your executed equity intraday, F&O positional /intraday trading & delivery orders. The amount blocked for your Open orders yet to be executed. 2.Whenever you sell your shares or open F&O positions, the margin used will be ...
How would I know how much margin I have to trade?
The client will be able to see the margin on multiple pages: Profile → My Details → Fund Source(TSBM) Funds page on Mobile Apps