How client can pay up the funding for the BNPL service?
In order to close the funding (pay up so that interest is not charged), client have two options -
1. Sell the stock
2. Pay from trading ledger.
Paying from trading ledger option will be available from the Funds page. Here client can select the funded stocks and choose to pay for them. Payment will be processed at the end of the day.
Note that merely transferring funds to the trading ledger will not clear up the dues of the BNPL service. Client have to choose which stocks to remove from funding from either TTWeb or IIFL Markets App.
IIFL MARKETS APP -
- Click on " Your BNPL Summary Card" in the funds section
- Then click on "Pay Now" on your BNPL summary section
- Select the Holdings which client want to pay for
- Click on "Pay Now"
That's it! clients pay now request will be processed by end of the day.
To explore more about BNPL in mobile app, Click Here