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    Buy Now Pay Later MTF

    What is the margin required for creating positions in MTF?

    When you buy stocks in MTF, you only pay a portion of the total transaction value, with the rest being funded by ICICI Direct.

    The portion that you pay is called Initial Margin and it varies from stock to stock depending on various risk parameters.

    This margin can go as low as 25%, letting you buy stocks up to 4 times your initial funds.

    How does MTF Work? Who should use MTF? How to monitor your MTF positions for margin shortfall? What are the costs involved while transacting in Pay Later- MTF? What is the interest rate charged for taking position in MTF? How long can I hold my stock/positions in MTF? Is the margin required for buying the stock, same whether we use cash or limits from Shares as Margin? On what amount is the interest charged while transacting through Pay Later – MTF? Why are my MTF shares not shown in Demat Holdings on ICICI Direct? Why has margin been released from my MTF position? What happens if there is a margin shortfall in my MTF position with ICICI Direct? What will happen if my outstanding MTF interest is not paid? Why can’t I convert my MTF positions to Delivery (CTD)? Can I replace Shares as Margin (SAM) limits used to create MTF position with Cash Margin and Vice versa? What is the cash and securities margin (SAM) used for my MTF positions? How will the IRB Infrastructure Developers Bonus Issue impact my MTF position? Until when can I convert my MTF position to delivery (CTD) without incurring interest charges?