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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

    Why are my profits from MTF are not available in current limits?

    As per regulatory guidelines effective from August 23, 2024, any profit earned from Intraday, Bracket, and Pay Later (MTF) trades will be available for use only after market hours on the same day. The profit amount can then be used for trading on the next trading day (T+1 day) or for placing overnight orders.

    Example:

    On August 19, 2024, you bought stocks worth ₹50,000 using MTF.

    On August 23, 2024, you sold them for ₹60,000, making a profit of ₹10,000.

    Under the revised guidelines, this ₹10,000 profit will be added to your trading limits after market hours on August 23.

    The amount can be used for trading only on August 24, 2024 (T+1 day).

    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 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? 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?