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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 is my Pledge not confirmed in MTF?

    Under the Direct payout facility, shares purchased under MTF are transferred to your mapped demat account followed by creation of an auto-pledge in favour of 'Client Securities under Margin Funding Account'. If the pledge cannot be established due to an inactive, frozen, or suspended demat account or any other reason which are beyond our control, ICICI Securities reserves the right to settle, square off, or close out such unconfirmed positions within five trading days from the payout date.



    What is the process of pledging? Will there be any charge on Pledging/Un-pledging the shares? Can I square off or convert to delivery my pledged MTF position? Why have I not received any pledge link/instruction for my MTF positions? What is CSMFA and why are my shares auto pledged in MTF in CSMFA?