Buy Stocks Now, Pay Later With MTF at 0% Interest*
With our Margin Trading Facility, pay only 25% up front to buy stocks and we will fund the remaining 75% at 0% Interest up to ₹10,000
Buy 4x more shares with less money
Choose from 1500+ top stocks
Repay only when you sell
Keep 100% of your profits*
What is Margin Trading Facility (MTF)?
MTF or Margin Trading Facility is an offering approved by the exchanges for you to buy stocks by paying only a part of the total order value, while the broker funds the remaining amount and charges interest on the same. MTF (Pay Later) is INDmoney’s version of Margin Trading Facility (MTF), curated to instantly multiply your buying power by up to 4 times on 1500+ eligible top stocks. The best part? You get up to ₹10,00 of this margin at 0% interest for up to 6 months!
With vs. Without MTF (Pay Later) - What’s the Difference?
Let’s say you have ₹10,000 and the price of one stock is ₹1000. Normally, you will be able to buy 10 shares. With MTF (Pay Later) on INDmoney, you can invest 4x more than your available balance. That means instead of investing ₹10,000, you can invest ₹40,000 and buy 40 shares. Here’s how it works in a simple example:
| Criteria | Without MTF (Pay Later) | With MTF (Pay Later) |
| Wallet Balance | ₹10,000 | ₹10,000 |
| Pay Later Margin | ₹0 | ₹30,000 |
| Total Investment | ₹10,000 | ₹40,000 |
| 5% Increase In Value In 10 Days | ₹10,500 | ₹42,000 |
| Profit Made | ₹500 | ₹2,000 |
| Interest Free Balance | ₹0 | ₹10,000 |
| Interest Paid (-.04% *10) | ₹0 | ₹120 |
| Net Profit | ₹500 | ₹1,880 (2000 - 120) |
| ROI | 5% | 18.8% |
How to Place an MTF (Pay Later) Order on INDmoney?
To place a Pay Later (MTF) order on INDmoney, simply choose an eligible stock, select the 'MTF (Pay Later)' option, and confirm your order. The process is seamless and can be completed in just a few taps within the app.
Step 1
Select the stock you want to buy
Step 2
Enable the Pay Later (MTF) checkbox
Step 3
Review and confirm your order and you're done!
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What are the MTF (Pay Later) Charges on INDmoney?
When you place an MTF (Pay Later) order on INDmoney, you pay 0% interest on the first ₹10,000 funded by INDmoney for up to 6 months. For amounts exceeding ₹10,00 or the 6-month timeline, an interest rate of as low as 0.04% per day applies. Head to https://www.indstocks.com/page/invest-boost-offer-tnc for the complete terms and conditions for MTF (Pay Later) on INDmoney.
Important Questions about using Pay Later (MTF) for your investments
What if I want more than ₹10,000 at 0% interest?
With Pay Later (MTF), you get up to ₹10,000 at 0% interest for the first 6 months. If you invest beyond this limit, the excess amount will be charged a nominal interest of 0.04% per day.
So, in case you invest ₹10,000 using Pay Later (MTF), your wallet will be boosted to ₹40,000. The first ₹10,000 will be interest-free, while the remaining ₹30,000 will be charged at an interest rate of 0.04% per day.
Until when can I enjoy ₹10,000 at 0%?
The ₹10,000 interest-free amount is available for 6 months from activation. After that, 0.04% per day interest will apply to the funded amount, including the initial ₹10,000.
How do I repay the ₹10,000?
You don’t need to repay anything manually while holding the stock. When you sell your shares, the funded amount is auto-adjusted, and the remaining returns are all yours.
What happens if I make a profit on stocks bought with MTF (Pay Later)?
Any profit you earn is entirely yours. We’ll only deduct the funded amount at the time of selling.
Let’s say you bought shares worth ₹40,000 using ₹10,00 (your funds) and ₹30,000 from MTF (Pay Later). If the stock goes up 10% and your holding becomes ₹44,000, ₹30,000 is auto-deducted, and ₹14,000 is credited to your wallet.
What happens if I incur a loss on stocks bought with Pay Later (MTF)?
Investing always carries risk. If your stock value drops, your losses can reduce your wallet balance.
Let’s say you buy shares worth ₹40,000 using ₹10,000 of your money and ₹30,000 through MTF (Pay Later). Out of this, the first ₹10,000 is funded at 0% interest. The remaining ₹30,000 will attract 0.04% interest per day.
If the stock falls 5% in 10 days, your investment is now worth ₹38,000, resulting in a ₹2000 loss. Interest on the ₹30,000 (non-zero interest portion) over 10 days would be ₹120 (₹30,000 × 0.04% × 10). So your total loss would add up to ₹2000 + ₹120 = ₹2,120
If your wallet balance turns negative, INDmoney will send you a margin call (via WhatsApp/email), asking you to either add funds or exit your position. If no action is taken, INDmoney may automatically sell your MTF (Pay Later) holdings to protect your remaining funds.
Can I sell the MTF (Pay Later) positions on the same day?
Yes, MTF positions taken today can be exited the same day also. INDmoney does not levy any interest on MTF (Pay Later) Positions that have been bought and sold on the same day.
Where can I see my detailed Pay Later (MTF) statement?
You can easily see your detailed MTF (Pay Later) statement on the INDmoney App. When you log in, head to your INDstocks wallet. Upon clicking on “MTF statement”, you will find a detailed breakdown for all your MTF positions, orders and charges. Get started here.
Can I buy/sell stocks under MTF (Pay Later) on a settlement holiday?
No, you will not be able to buy/sell stocks with MTF (Pay Later) on settlement holidays. Like general stocks, MTF stocks can also be bought ONLY on trading days.
To plan your investments, you can also check the complete list of NSE holidays here.
What are the charges involved?
Beyond the ₹10,000 interest-free limit (valid for 6 months), the interest rate is 0.04% per day on the funded amount apart from the usual pledging, brokerage and exchange charges. View the breakup for the charges here.
Can I use MTF (Pay Later) for F&O trading or derivatives?
No. MTF (Pay Later) is only available for equity investments, not for derivatives or F&O trading.
Is short selling allowed through MTF (Pay Later)?
No, Short Selling is not permissible through MTF (Pay Later). Short selling is a trading strategy via which you sell borrowed shares of a stock in the hope of buying them back later at a lower price.
What is the maximum funding INDmoney provides through MTF (Pay Later)?
Currently, you can receive up to ₹1 crore in MTF (Pay Later)funding, subject to eligibility and INDmoney’s RMS (Risk Management System) policy.
Will I continue to receive dividends on stocks bought with MTF (Pay Later)?
Yes. Since the stocks are in your name, dividends, bonuses, and corporate actions are passed on to you as per usual.