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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

    How can I convert my MTF (Pay Later) positions to delivery?

    MTF position can be converted to delivery from the MTF open positions page.

    Website:

    Stocks > Open Positions > MTF (Pay Later)

    In this page you can find the details of all MTF position. 

    Please follow the steps to convert your stock to delivery.

               1. Click on the 3-dot next to add margin present under the Actions Column.
               2. Enter the quantity that has to be converted to Delivery.
               3. Click on Convert Now


    Mobile App:

    Portfolio -> Open Position -> MTF 

    In this page you can find the details of all MTF position in mobile app 

    Please follow the steps to convert your stock to delivery.

               1. Click on the position to convert to delivery.
               2. Click on Converted to Delivery option and enter the Quantiy to be converted.
               3. Click on Submit


    Please Note that you will be charged Rs 25+ GST as pledge charges when you convert your stocks from MTF to delivery.

    What is Margin Funding (MTF)? Where can I see my MTF stocks after buying them? What is Trigger Price in MTF? What Happens if the Stock Price Falls Below It? What are the different action options in the MTF page? Will I get the dividends paid by the company if I buy the stock in MTF? How to find out the interest charged for my MTF trades? What is the impact of Corporate action such as Bonus Issue or Stock Split on my MTF position? What is Trade-to-Trade segment (T2T)? What happens to my MTF position when stock goes into Trade-to-Trade segment (T2T)? What are Group 1 stocks? What happens if stock bought in MTF moves out of Group 1? What is the maximum position that can be taken in a single stock through MTF? Why are my profits from MTF are not available in current limits? Can we check shortfall amount or additional margin required for MTF position in the App? If I take multiple MTF positions in the same stock on different dates, which date will be considered for expiry? Why is my MTF position squared off/closed/sold by ICICI Direct? What are the maximum holdings/limits that can be created in MTF?