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    All you need to know about Buy Now Pay Later (MTF) while investing in Stocks...
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    Buy Now Pay Later MTF

    Can I square off or convert to delivery my pledged MTF position?

    You can square off your pledged MTF positions as needed.

    For e-DIS customers, the mandate process is as follows:

    • On the Order Verification page, you will be redirected to the depository’s e-DIS mandate page.
    • Complete the two-factor authentication by entering your MPIN and OTP.
    • This mandate will authorize the selected stock for the transaction and remains valid for one trading day.

    If you choose the Convert to Delivery (CTD) option:

    • You can convert your MTF position to delivery from the Open Positions page.
    • This can be done using the Convert to Delivery option after your pledge is confirmed.


    What is e-DIS?

    e-DIS (Electronic Delivery Instruction Slip) is a digital method of authorizing the sale or transfer of shares without requiring a physical DIS slip. It ensures a seamless and paperless way to transact, using a secure two-factor authentication process via MPIN and OTP.

    What is the process of pledging? Will there be any charge on Pledging/Un-pledging the shares? Why have I not received any pledge link/instruction for my MTF positions? Why is my Pledge not confirmed in MTF? What is CSMFA and why are my shares auto pledged in MTF in CSMFA?