BSPL (Buy Stocks Pay Later)

Buy Stocks Pay Later is a margin trading facility - a way to afford a large number of stocks, or high ticket stocks at a small initial capital amount, with the rest amount paid in instalments. Margin Trading in simple terms is borrowing money from your broker to purchase stocks, also called a Margin Trading Facility (MTF), which is enabled with a margin requirement. Thus, margin trading helps one gain more buying power.

With BSPL (Buy Stocks Pay Later) MTF, you get to buy 4 times your capital investment as the rest is paid by your broker. This not only gives you extra buying power but also positions you with the added extra time for your positional trades. The rest of the amount would be paid back to the broker in a series of instalments.

You can buy stocks today and pay an E-margin up to T+275 days. Hence, with BSPL MTF, you’re able to hold on to your stocks for 275 trading days. A higher leverage means you have an opportunity to amplify your profit potential!

Why BSPL?

With this Margin Trading Facility (MTF), you have a chance of gaining an ROI that’s multiple times higher than what you would’ve earned if you had invested without BSPL. Once your stocks have earned a profit, it’s yours to keep while you pay back your broker the instalments along with the interest they charge. Even with the interest deduction from your ROI, it can be favourably profitable as compared to a smaller quantity of stocks bought without BSPL MTF.

How does BSPL work?

• Opt for Buy Stock Pay Later at checkout
• Once it’s approved, you pay for how much you can invest. This amount becomes 25% (or as decided by your broker) of the total purchase, and the rest is paid by your broker
• The interest charged depends upon your broker
• You pay back the borrowed funds through instalments