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 Securities) on the borrowed amount. The interest will be debited on a weekly basis.
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Where I can check BNPL and DPC interest charges report.
To view your client's BNPL and DPC interest charges, Please log in to AAA, go to Reports, select Individual Clients then click on others and then select Interest on Delayed Payment to view report.
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 client need to pledge the stock to avail margin benefit.
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%