Is it required to authenticate OTP to pledge the shares bought under MTF / BNPL?

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• Shall we get margin on T+1 for stock bought today in MTF?

  Yes, Need to authenticate by client to pledge the stock in MTF before 8:30 PM on T Day only

• 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).

• Can client sell the shares in NSE which are bought in BSE?

  Yes, client can sell the shares in NSE which have bought in BSE.

• How to avail BNPL?

  Client can choose the product "BNPL" and place a buy order. After that the shares will be auto-pledged by the system.

• 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 ...