Can we pledge stocks purchased through "Buy Now Pay Later" for margin?

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• Is Buy Now Pay Later (BNPL) the same as Margin Trading Facility (MTF)?

  Yes, Buy Now Pay Later (BNPL) is the same as Margin Trading Facility (MTF). 

• What is Buy Now Pay Later?

  Buy Now Pay Later (BNPL) is a delivery order where you don’t have to pay the full amount needed to buy the stock. With BNPL, you can enjoy up to 4x returns on your trades. Instead of paying 100% of the stock value, you only have to pay a fraction ...

• What is Margin Pledge?

  Margin Pledge is a process in which users can pledge their stocks to the broker in return for a collateral margin that can be utilized for trading.  Let’s understand this better via an example; suppose I am an investor who has shares of RIL, TCS and ...

• Is there any maximum duration one can hold "Buy Now Pay Later" stocks?

  You can hold your stocks for an indefinite period.

• How can I pledge stocks to increase margin?

  Click on Funds section in the app Click on 'Increase your margin by.. ' link below  your Available Margin Select the stocks that you want to pledge Click on Submit request An OTP will be sent to your registered mobile number & email ID. Enter the OTP ...