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

• Related Articles

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

  Since client have already pledged the BNPL stocks, margin pledge will not be available.

• What will happen if you sell Buy Now Pay Later stocks on the date of purchase?

  The transaction will be treated as an intraday transaction instead of a BNPL transaction.

• Why is there a difference between the quantity of MTF stocks in the `Pay Now’ window vis-à-vis the actual MTF purchase? How many shares will I receive for making any part payment using the `Pay Now’ window?

  The difference in quantities would be to the extent of the initial margin collected in the form of cash and considered as `Maintenance Margin’. Hence, in case you make any payment for the said securities using the ‘Pay Now’ window, the quantity for ...

• How to delete stocks from Watchlist?

  Swipe right and go to the Watchlist you want to delete stocks. Click on the three dots and you will get a popup menu. Click on the “Edit” icon. Your watchlist will now open up in Edit mode. A “delete” icon will appear beside each stock in your ...