Paytm Money has launched a 'Pay Later' margin trading facility, allowing investors to buy stocks by paying a small amount. The platform will pay the remaining amount and charge 1% monthly interest. This initiative makes participation in the stock market easy and affordable, especially for small investors. A concessional interest rate of 1% is available till March 31, 2025.
India's homegrown wealth tech app Paytm Money has launched a 'Pay Later' Margin Trading Facility that allows investors to buy and invest in stocks by paying only a fraction of the total value upfront. The platform will pay the remaining amount and execute it via 'Pay Later' (MTF) with an introductory interest of 1% per month. This enhances investors' ability to take advantage of market opportunities and ensures that investors only pay for the funds they actually use.
Trading will become Accessible
The introduction of Pay Later (MTF) on Paytm Money will benefit traders and investors as it will make trading more accessible and flexible, especially for those who wish to increase their exposure to the stock market without investing full capital. Moreover, it democratizes participation in the stock market, making it easier and more affordable for retail investors across the country.
As part of its commitment to providing a seamless experience, Paytm Money has made the Pay Later (MTF) activation process simple and user-friendly. Investors can easily activate Pay Later (MTF) in a matter of minutes directly through their account settings. Additionally, users can activate Pay Later (MTF) by selecting the 'Margin' option while placing an order for a stock they are eligible for and agreeing to the terms and conditions on the order page.
Stock market will also be helped
Paytm Money MD & CEO Rakesh Singh said, "We are committed to simplifying investments and increasing financial access. Our 'Pay Later (Margin Trading Facility)' enhances the buying power of investors, especially those who want to grow their investments in the stock market without investing full capital. This initiative is in line with our goal of democratizing financial development, making investing in the stock market more affordable and available to a larger number of people." The platform has introduced an affordable interest rate of 1% per month for a limited period, which will be valid till March 31, 2025. With around 1,000 MTF-enabled stocks and competitive interest rates, it will enable traders and investors to optimize their investment opportunities with less money.
Margin Pledge
Paytm Money also offers ‘Margin Pledge’ through which traders can use their stock holdings to get leverage for their trades. With Pay Later (MTF), traders have another option to use the power of leverage. It has also expanded its wide range of services including the launch of BSE Futures & Options (BSE F&O) trading service, which gives traders the option to trade SENSEX and BANKEX options contracts
Notably, Paytm Money recently launched a redesigned app with a major overhaul to make investing easier and improve user experience.
The revamped app features an intuitive interface, personalized dashboard, and smart tools to empower investors at every step. With improved portfolio insights, improved transaction flow, and actionable dashboards for stock and F&O trading, the new app meets the evolving needs of modern investors.