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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

    What are Group 1 stocks? What happens if stock bought in MTF moves out of Group 1?
    Exchanges classify stocks in 3 different categories based on their liquidity and impact cost, which are Group I, Group II and Group III stocks. Out of these, only Group 1 stocks are eligible for buying in MTF.
     
    A stock may move between the groups every month, depending on its liquidity and impact cost changes.
     
    Impact on MTF if a stock moves out of group 1
    If a stock moves from Group 1 to another group, it will no longer be eligible for buying in MTF. Any existing MTF open position in the stock held by you, will have to be either converted to delivery or squared off before the cut-off date. If any MTF positions are held post the cut-off date, they will be automatically square off by the system.
     
    Information regarding the stock group change and the cut-off date will be communicated to you in advance.
    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 can I convert my MTF (Pay Later) positions to delivery? 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 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?