If clients have bought the stock as BNPL and sell the same as delivery or intraday trades done then funding will be initiated for the shares bought as BNPL?

• Related Articles

• Will all stock bought as BNPL be considered for the funding?

  No.. Funding is allowed only in the stock available in the list of Group 1 securities (IIFL E A B C D) published by exchange every month. The same must be bought in NSE only and no funding will be allowed if stock is bought in BSE.

• 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 ...

• How client can generate T PIN in order to sell my shares ?

  Kindly follow the below steps in order to generate the T PIN to sell and settle the shares through E-DIS- Login to TT Web (https://ttweb.indiainfoline.com/Trade/Login.aspx) ■ Select Reports -> Holdings >> Show Non POA Holdings ■ Select the stocks ...

• How client can pledge the BNPL trades?

  IIFL MARKETS APP - Pledge post order placement. This flow is shown to clients whenever, a BNPL market order is placed Step 1 - Step 2 - Step 3 - In a few seconds user will be redirected to the authorization screen Step 4- User must click on authorize ...

• What is Intraday Order?

  Intraday orders means buying and selling stocks on the same trading day. Share prices keep fluctuating throughout the day, and intraday traders try to draw profits from these price movements by buying and selling shares during the same trading day. ...