What will happen if you sell Buy Now Pay Later stocks on the date of purchase?

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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

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

  You can hold your stocks for an indefinite period.

• Why should I buy/sell orders with VTD validity?

  VTD facility allows you to place buy/sell orders for the unexecuted quantity of your shares as per your Market or Limit price till your specified order validity date or till the entire quantity is executed, whichever is earlier. With this facility if ...

• How client can sell stocks without POA?

  Steps to enable e-DIS facility through IIFL Markets App 1. Client need to login to IIFL Markets App with Valid credentials 2. Once client logged in successfully , he need to go to Portfolio section and click on the button "Enable Selling˜ at the ...