Make up to 4x Bigger Trades with Pay Later (MTF)3 min read
Ever wish you could trade bigger without having all the cash upfront?
Well, now you can with Pay Later (MTF) on Paytm Money! With this exciting feature, you can trade in the stock market using a small portion of the total capital needed to open a position, with Paytm Money covering the remaining amount. Pay Later (MTF) allows Paytm Money to cover up to 75% of the total amount of capital needed by you. You only block a small portion of your overall capital for a particular trade while maximizing your trading potential.
What is Pay Later (MTF)?
The goal of margin trade facility is to enable traders to take larger positions in the market with a smaller amount of their own money.
Let’s break it down. MTF is like getting a mega boost from Paytm Money to help you make bigger trades. Instead of putting up the full amount for a trade, you can just pay a fraction of it, say 25%, and Paytm Money will cover the rest, i.e., 75%. Pretty cool, right?
For example, if you’re planning to buy ₹1,00,000 worth of shares but only have ₹25,000 in your account, you can still go ahead with the purchase! Paytm Money will fund the remaining ₹75,000. You will only be required to pay 1%* monthly interest on the financed amount of ₹75,000.
This lets you trade more without using up all of your money at once, which helps you keep your trading account liquid while staying active in the market.
Why should you try Pay Later (MTF)?
Here’s why MTF could be a game-changer for your trading strategy:
- Insufficient funds? No problem: By using Pay Later (MTF), you can borrow funds at a nominal interest rate to make up to 4X larger trades with 75% leverage. This means you don’t have to miss out on any trading or investment opportunities, even if you don’t have enough capital in your account.
- Limited Period Offer: We offer competitive interest rates of 1%* per month until March 31, 2025, on the funds you borrow so that you won’t feel burdened by high charges at all. This way, you can focus more on the markets and your execution strategies without worrying about extra costs.
- Multiple Stocks: With 1000+ scrips allowed for Pay Later (MTF), you can diversify your portfolio without tying up all your money in one place. Want to trade in multiple stocks? MTF makes it easier by freeing up some of your capital.
How Does It Work?
First, you need to onboard to MTF in a few simple clicks, followed by placing MTF orders:
Onboarding journey:
- Go to the Account section > Tap on ‘Pay Later (MTF)’.
- Read about the product, Accept the T&Cs and click on ‘Activate’.
- Voila! You’ll be onboarded in a few minutes.
Order placement journey:
- Search for a stock & open the orderpad of the stock.
- Select Pay Later (MTF) in the Order Type menu on top.
- Swipe to place the order. The executed order can be viewed in the Orderbook or Positions.
- Post-market orders, do not forget to pledge your MTF trades to prevent square off from account section > Pay Later ( MTF).
Still thinking? Here’s your chance to make your trading journey efficient with this Pay Later (MTF) feature.
Have any feedback? Please write to us at feedback@paytmmoney.com
(*): Interest rate of 1% per month is valid until March 31, 2025.
Disclaimer: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. This content is purely for information purposes only and in no way to be considered as advice or recommendation. Paytm Money Ltd SEBI Reg No. Broking – INZ000240532, Depository Participant – IN – DP – 416 – 2019, Depository Participant Number: CDSL – 12088800, NSE (90165), BSE (6707) Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. For more details , please visit: https://www.paytmmoney.com
