Trading

What if user has a Pay Later position in which corporate action- Buy Back will happen but the user wants to keep the position?

In such a case where user wishes to keep the position, even when there is a corporate action, they can convert their Pay later stocks to delivery by paying the remaining amount, which was funded by Kotak Neo. Conversion of Pay Later (MTF) position to delivery can be done with the help of Customer service team.

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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?

How can I check the interest that is being charged for my Pay Later(MTF) position?

What is pledging in Pay later (MTF) and what are the steps involved?