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

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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).

• 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. To know more about BNPL in Mobile App, Click Here

• 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.

• How to buy Mutual Fund ?

  To register Mutual Fund Lumpsum/SIP, you can follow the steps mentioned below: Through IIFL Mobile App(Client Login): Open the menu on IIFL Markets App. > Click on Mutual Funds. > Select Buy MF/SIP > Click on Buy for Lumpsum order > Click on SIP to ...

• 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 ...