Powered by

Advertisment
Home Startup News

Paytm Money Launches 'Pay Later' Margin Trading Facility

Paytm Money has launched the ‘Pay Later’ Margin Trading Facility (MTF), enabling investors to trade stocks by paying only a fraction of the total upfront.

By Mrigank Sharma
New Update
Paytm Money Launches 'Pay Later' Margin Trading Facility

Paytm Money, India’s leading wealth-tech app, has introduced the ‘Pay Later’ Margin Trading Facility (MTF), empowering investors to purchase stocks by paying only a fraction of the total upfront. 

The remaining balance is funded by the platform at an introductory interest rate of just 1% per month, valid until March 31, 2025. 

This initiative allows investors to optimize market opportunities while paying interest only for utilized funds, making trading more accessible and flexible.

The feature supports nearly 1,000 MTF-enabled stocks and offers seamless activation directly through account settings or during eligible stock transactions by selecting the ‘Margin’ option. 

Read more - Mumbai-based Tohfa Story: From ₹ 2000 To Lakhs

With this launch, Paytm Money aims to democratize stock market participation particularly for retail investors, by reducing barriers to entry.

Rakesh Singh, MD & CEO of Paytm Money highlighted the company’s mission to simplify investments and enhance financial accessibility. “Our Pay Later (MTF) facility boosts investors’ purchasing power, allowing increased market exposure without full upfront capital,” he stated.

The platform has also expanded its offerings with the introduction of BSE Futures & Options (F&O) trading, enabling traders to invest in SENSEX and BANKEX options. Additionally Paytm Money offers a ‘Margin Pledge’ feature that lets traders leverage stock holdings for trades.

Recently, Paytm Money unveiled a redesigned app with improved portfolio insights, personalized dashboards and intuitive tools catering to the evolving needs of modern investors.

About Paytm Money

A wholly owned subsidiary of One97 Communications Limited Paytm Money specializes in simplifying wealth management. The platform enables investments across equities, mutual funds, IPOs, NPS and more aligning with its vision of democratizing financial growth for all.

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Startup Funding and StoriesDiscover Funding Trends and Stories Shaping Indian Startups.

Startup Funding NewsYour Gateway to Every Funding Update.

Latest Startup NewsStay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup StoriesDiscover inspiring tales of startups overcoming challenges and achieving success.