Paytm Money has launched the ‘Pay Later’ margin trading facility, allowing investors to buy and invest in stocks by paying just a fraction of the total value upfront. The platform will fund the balance amount and charge a nominal introductory interest of 1% per month. They aim to enhance investors’ ability to capitalize on market opportunities and ensure that investors pay only for the funds they actually use. This facility would benefit traders and investors by making trading more accessible and flexible, particularly to those looking to enhance their exposure to the stock market without committing the full capital upfront.
Rakesh Singh, MD & CEO of Paytm Money says the activation process has been made simple and user-friendly. Investors can activate Pay Later (MTF) in a few minutes directly through their account settings, in a seamless way. Alternatively, users can enable Pay Later (MTF) while placing an order for any eligible stock by selecting the ‘Margin’ option and agreeing to the terms and conditions right on the order page.
The platform has introduced a limited-time affordable interest rate of 1% per month, which will be valid until 31st March 2025. Paytm Money also offers ‘Margin Pledge’ through which traders can use their stock holdings to get leverage for their trades.
Paytm Money recently unveiled a newly redesigned app in a major revamp to simplify investing and enhance user experience. The revamped app features an intuitive interface, personalized dashboards, and smarter tools to empower investors at every step, along with enhanced portfolio insights, improved transaction flows, and actionable dashboards.
