Pay Later (MTF)
Starting at 9.50% p.a.

To activate 5paisa Pay Later or 5paisa’s Margin Trading Facility, you need to have an active demat and trading account with 5paisa. You can activate Pay Later instantly via the Order Form → Pay Later / Margin section by accepting the terms.  

Delivery orders require full cash upfront, while Pay Later orders let you use collateral margin based on stock-specific leverage to enhance your buying power.  

Pay Later offers greater control and flexibility in trading, enhanced leverage through pledged collateral, a clear breakdown of cash vs. leveraged positions, and seamless management and tracking of MTF holdings.  

With Pay Later orders, you can boost your buying power by using collateral margin—approved stocks pledged as security—instead of relying solely on cash.  

Interest on MTF positions is charged at a competitive rate and starts from the day funds are utilized. 5paisa's Pay Later interest rate is currently at 0.026% per day (~9.5% per annum) on the borrowed amount, billed on a weekly basis.  

You can hold MTF-funded stocks indefinitely, provided you maintain the required margin and pay interest charges on time. If the margin requirement is not met, a margin call may be issued, and non-compliance may lead to square-off of positions.  

Yes, 5paisa provides the Pay Later on both NSE and BSE, enabling clients to take leveraged delivery positions on either exchange.  

To use Pay Later (Margin Trading Facility), you must have an active Demat and trading account with 5paisa, complete KYC verification, accept the risk disclosure, sign the MTF agreement, and maintain the required margin amount as per SEBI regulations. 

No additional documents are needed. If your Demat and trading account with 5paisa is KYC-verified, you can activate MTF directly and start trading.