What are interest charges in Pay later(MTF)?
Interest charges in MTF varies for all users based on the plan mapped to their account. These charges are levied on the debit balance in your trading account.
You can check your statements by following the path on NEO
- Go to Profile
- Click on Reports
- Go to Ledger (Statement of accounts)
- Click on Ledger details
- Click on MF
This feature is not allowed for this platform.
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Still have questions?
How is interest calculated on my Pay Later (MTF) position if I have cash and/or pledged shares as margin
In which scenarios will the Pay Later position be liquidated?
What is pledging in Pay later (MTF) and what are the steps involved?
How can I check the interest that is being charged for my Pay Later(MTF) position?
Open Demat Account