What if client don't pledge the BNPL trades?

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• How client can pledge the BNPL trades?

  IIFL MARKETS APP - Pledge post order placement. This flow is shown to clients whenever, a BNPL market order is placed Step 1 - Step 2 - Step 3 - In a few seconds user will be redirected to the authorization screen Step 4- User must click on authorize ...

• 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.

• 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

• Where do client F&O trades appear?

  All F&O trades of client will appear in the positions tab of the Portfolio. This tab also shows that all intraday, delivery trades that client bought or sold & as well as client's closed positions.

• Shall we get margin on T+1 for stock bought today in MTF?

  Yes, Need to authenticate by client to pledge the stock in MTF before 8:30 PM on T Day only