What are the different products available for investing?
Cash, NRML and MTF are different investment products offered by Kotak Neo on Kotak NEO.
Cash:
It is an investment product, where the entire amount has to be paid upfront from your funds.
How do I transfer funds to my trading account?
NRML:
It is an investment product, where you only have to pay a certain percentage of the total amount upfront. You can settle the balance within the next two trading days by depositing funds.
MTF:
It is an investment product, where you only have to pay a certain percentage of the total amount, while the rest will be funded by Kotak Neo. You can continue to hold the shares as long as you wish by paying an interest on the funded amount.
While Cash and NRML are available on all scrips, MTF is available for a few exchange approved stocks.
Normal & MTF are different investment products offered by Kotak Neo on Kotak Stock Trader Mobile Application.
Normal:
It is an investment product, where you only have to pay a certain percentage of the total amount upfront. You can settle the balance within the next two trading days by depositing funds.
MTF:
It is an investment product, where you only have to pay a certain percentage of the total amount, while the rest will be funded by Kotak Neo. You can continue to hold the shares as long as you wish by paying an interest on the funded amount.
While Normal is available on all scrips, MTF is available for a few exchange approved stocks.