What are the charges for BNPL order?
After the BNPL trades are pledged, we'll charge an interest of 18.25% per year (or interest rate agreed with IIFL Capital) on the borrowed amount. The interest will be debited on a weekly basis.
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How to activate BNPL?
While placing the BNPL order you will see terms for Buy Now Pay Later service activation. Act of placing a BNPL order will be a consent for activating Buy Now Pay Later service. After the order is placed, BNPL service activation will be done in 24-48 ...
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 are Call & Trade Charges ?
There are no charges for call & trade for normal users and ₹50 per order for Z20 clients.
What are Intersettlement pool charges?
lntersettlement/ Beneficiary to pool transfer charges is 0.04% (Minimum Rs.25 per scrip) & for Z20 client it is Rs.20 per executed order or 0.05%
Is BNPL applicable to all stocks?
This order type is valid only for NSE Cash segment buy side orders and is not available for F&O segment, BSE Cash segment buy side orders and NSE, BSE Cash segment sell side orders. On the IIFL markets app you can check the stocks on which BNPL is ...