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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 do I keep in mind while investing via MTF?

    a. If the initial margin is provided through Shares as Margin (SAM) instead of Cash, it is also considered as funded amount and interest will be charged on total funded amount as per the customers selected brokerage plan.

    b. Customers can avail interest rates as low as 9.85% p.a. with select Prime Plans.

    c. If the client converts their MTF position to delivery (CTD) on T+1 day by 3.30 PM, no interest will be charged.

    d. Maintain sufficient margins to avoid auto square-off of MTF positions due to margin shortfall

    Margin Trading Facility (MTF) is suitable for:

    a. Active Traders looking to increase their buying power

    b. Investors looking for funding flexibility

    c. Clients comfortable with leveraged positions

    What is Margin Trading Facility (MTF) Why choose MTF with ICICI Direct? What are the features associated with MTF?