Test
With Pay Later (MTF), you pay a fraction of the amount upfront for buying a stock, and Kotak Securities covers the rest. With this facility, you can buy up to 4x more shares.
Simply put, you own it now and pay later.
Here’s an example
- You have: ₹1000
- Stock price: ₹10 per share
- Without MTF: Buy 100 shares
- With MTF (4x buying capacity): Buy 400 shares
Here, 300 shares are funded by your broker.