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.
Related Articles
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.
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 ...
How client can place an order a day before the trading session (AMO Order) ?
Follow the below steps to place an AMO order: Click on the stock you want to place an order Click on Buy to place an order Select product as Delivery or BNPL Select order type Regular or SL & add the quantity Click to buy button Your order will be ...
How client can check the charges levied for the square-off order?
Client can just use Ask IIFL chatbot to get the charges against trade in contract note. Please follow the below steps for the same: 1. Login to Mobile App or TT Web 2.Click on Ask IIFL 3. Select My Report. 4. Select Contract Notes. 5. Select segment ...