What is pledging in Pay later (MTF) and what are the steps involved?
Starting February 24, 2025, your Pay Later (MTF) trades will be auto-pledge for stocks purchased under Pay Later (MTF), eliminating the need for manual pledge confirmation.
What’s Changing for You?
- No Change in Pledge Charges – Your pledge charges remain the same. Know more about this here.
- Direct Credit of Pay Later (MTF) Securities: Securities will now be credited directly to your demat account.
- No Pledge Intimation Links for Pay Later (MTF): Since pledging is automatic, you won’t receive pledge confirmation links anymore.
- Automatic Pledge Creation for Pay Later (MTF): No more manual pledge confirmations on NSDL. Your stocks will be auto-pledged, ensuring seamless trading.
Open Demat Account
Open Demat Account