BTPT (Buy Today, Pay in Two Days)

Introducing the Revolutionary Buy Today, Pay in Two Days (BTPT) Product.

Buy stocks in delivery by paying partial margin today and pay the rest in two days. Save interest on your capital!

About

As you know, currently, you are mandated by the exchange bodies to pay up the entire margin amount in delivery trading on the same day while purchasing from the market. Upon payment of the margin amount (at the time of purchase), you receive the shares in demat holding after 2 days (Transaction + 2 Days).

But not anymore!

Today, you can say goodbye to the conventional method of delivery trading!

Introducing BTPT or Buy Today, Pay in Two Days - a service where every Samco customer can choose to pay for their acquired delivery shares (CNC) in 2 Days from the date of purchase.

Since the delivery shares get credited in your demat account after 2 days from the purchase, so it is only a fair practice that you be allowed to pay for your shares in delivery 2 days after the purchase.

What’s more, is that by holding the outstanding sum in your savings account for an additional 2 days, you stand to gain a good interest amount upon it, which diminishes the value of brokerage paid in the delivery transaction. Thus making BTPT product superior to any brokerage-free trading model out in the market.

Benefits you get with BTPT products:

  • 2 Days of Leverage in Delivery Trades - Interest-free.
  • Huge Interest Savings on Your Capital.
  • Zero Subscription Fees or Hidden Charges.
  • Exclusively Available in India for SAMCO Customers.

Brokerage charges will continue to apply at a flat rate of Rs.20 only per order.

In case you have any questions on the BTPT product type, kindly refer to the FAQs section.

BTPT Margin Calculator

sort Stock CMP Leverage Margin [%]
1 3MINDIA 19498.95 2.5x 40
2 AARTIDRUGS 1382.6 1.25x 80
3 AARTIIND 950.75 2.5x 40
4 AAVAS 1337.2 2.5x 40
5 ABB 928.5 2.5x 40
6 ABBOTINDIA 15548.7 2.5x 40
7 ABFRL 123.8 2.5x 40
8 ACC 1322.9 3.33x 30
9 ADANIENT 162.75 1.82x 55
10 ADANIGAS 154.55 2.5x 40
11 ADANIPORTS 343.15 2.5x 40
12 ADANIPOWER 35.55 2.5x 40
13 ADVENZYMES 167.15 2.5x 40
14 AIAENG 1628.75 2.5x 40
15 AJANTPHARM 1443.75 2.5x 40
16 AKZOINDIA 1851.2 2.5x 40
17 ALKEM 2423.05 2.5x 40
18 ALLCARGO 93.15 2.5x 40
19 AMARAJABAT 698.05 4x 25
20 AMBUJACEM 202 3.33x 30
21 AMRUTANJAN 359.5 2.5x 40
22 ANUP 469.45 3.33x 30
23 APLLTD 933.65 2.5x 40
24 APOLLOHOSP 1404 2.5x 40
25 APOLLOPIPE 323.6 2.5x 40
26 APOLLOTYRE 115.4 4x 25
27 ARVIND 35.75 2.5x 40
28 ASHOKLEY 52.15 2.5x 40
29 ASIANPAINT 1717.25 5x 20
30 ASTRAL 958.65 2.5x 40
31 ASTRAZEN 3471.25 2.5x 40
32 ATUL 4701.8 2.5x 40
33 ATULAUTO 166.85 2.5x 40
34 AUBANK 623.15 1.25x 80
35 AUROPHARMA 812.9 2.86x 35
36 AUTOAXLES 581.7 2.5x 40
37 AXISBANK 453.75 2.5x 40
38 BAJAJ-AUTO 2882 4x 25
39 BAJAJCON 144.9 2.5x 40
40 BAJAJELEC 406.85 2.5x 40
41 BAJAJFINSV 6569.2 2.5x 40
42 BAJFINANCE 3330 2.5x 40
43 BALKRISIND 1267.4 2.5x 40
44 BANKBARODA 52.8 2.22x 45
45 BANKINDIA 50.1 2.5x 40
46 BATAINDIA 1287.8 4x 25
47 BAYERCROP 5793.85 2.5x 40
48 BBTC 1127.05 2.5x 40
49 BEL 99.85 2.5x 40
50 BEML 639.8 2.5x 40
51 BERGEPAINT 504.45 4x 25
52 BFUTILITIE 200.15 3.33x 30
53 BHARATFORG 369.75 2.5x 40
54 BHARTIARTL 568.65 4x 25
55 BHEL 42.05 1.67x 60
56 BIOCON 405.95 2.86x 35
57 BIRLACORPN 597.2 2.5x 40
58 BLUESTARCO 490.1 2.5x 40
59 BOSCHLTD 13411.1 4x 25
60 BPCL 376.75 2.22x 45
61 BRITANNIA 3673.6 4x 25
62 BSE 523.6 2.5x 40
63 BSOFT 101.85 2.5x 40
64 CADILAHC 356.05 3.33x 30
65 CANBK 108.65 2.5x 40
66 CANFINHOME 367 2.5x 40
67 CARBORUNIV 250.4 2.5x 40
68 CARERATING 423.55 1.25x 80
69 CASTROLIND 121.95 2.5x 40
70 CDSL 297.9 2.5x 40
71 CEATLTD 904.45 2.5x 40
72 CENTRALBK 17.75 2.5x 40
73 CENTURYPLY 136 2.5x 40
74 CENTURYTEX 321.35 1.82x 55
75 CERA 2212.9 2.5x 40
76 CESC 653.1 3.33x 30
77 CHENNPETRO 81.75 2.5x 40
78 CHOLAFIN 208.9 2.5x 40
79 CIPLA 639.05 4x 25
80 COALINDIA 130.4 4x 25
81 COCHINSHIP 329.3 2.5x 40
82 COLPAL 1381.25 4x 25
83 CONCOR 428.1 2.5x 40
84 COROMANDEL 756.8 2.5x 40
85 CRISIL 1767.35 2.5x 40
86 CROMPTON 247 2.5x 40
87 CUB 138.4 2.5x 40
88 CUMMINSIND 400.4 4x 25
89 CYIENT 256.05 2.5x 40
90 DABUR 473.05 4x 25
91 DBCORP 85.6 2x 50
92 DCBBANK 85.9 2.5x 40
93 DEEPAKFERT 119.6 2.5x 40
94 DEEPAKNTR 531.3 2.5x 40
95 DHANUKA 750.65 2.5x 40
96 DIVISLAB 2176.35 4x 25
97 DLF 146 3.33x 30
98 DRREDDY 3896.6 4x 25
99 ECLERX 479.5 2.5x 40
100 EDELWEISS 55.25 1.25x 80
101 EICHERMOT 19483.25 4x 25
102 EIDPARRY 269.8 2.5x 40
103 EMAMILTD 236.55 2.5x 40
104 ENDURANCE 897 2.5x 40
105 ENGINERSIN 72.35 2.5x 40
106 ERIS 445.15 2.5x 40
107 ESCORTS 1129.5 1.82x 55
108 EXIDEIND 156.5 3.33x 30
109 FDC 244.8 2.5x 40
110 FEDERALBNK 55.2 2.5x 40
111 FINCABLES 296.3 2.5x 40
112 FINEORG 1955.3 2.5x 40
113 FINPIPE 490.65 2.5x 40
114 FORCEMOT 962.7 2.5x 40
115 FORTIS 122.75 2.5x 40
116 GAIL 105.55 2x 50
117 GALAXYSURF 1578.75 2.5x 40
118 GET&D 82.05 1.25x 80
119 GICRE 159.3 3.33x 30
120 GILLETTE 5093.35 2.5x 40
121 GLAXO 1474.4 2.5x 40
122 GLENMARK 431.95 2.5x 40
123 GODFRYPHLP 970.45 2.5x 40
124 GODREJAGRO 464 2.5x 40
125 GODREJCP 693.5 4x 25
126 GODREJIND 386 2.5x 40
127 GODREJPROP 881.45 2.5x 40
128 GPPL 82.95 2.5x 40
129 GRANULES 226.45 2.5x 40
130 GRASIM 616.65 2.5x 40
131 GREAVESCOT 89.95 2.5x 40
132 GRINDWELL 493.65 2.5x 40
133 GSPL 207.85 2.5x 40
134 GULFOILLUB 605.75 2.5x 40
135 HATHWAY 31.05 1.25x 80
136 HAVELLS 587.45 3.33x 30
137 HCLTECH 588.25 4x 25
138 HDFC 1941.85 3.33x 30
139 HDFCAMC 2488.75 2.5x 40
140 HDFCBANK 1124.95 5x 20
141 HDFCLIFE 585.2 2.5x 40
142 HEIDELBERG 182.75 2.5x 40
143 HEROMOTOCO 2691.45 4x 25
144 HEXAWARE 342.5 2.5x 40
145 HINDALCO 164.8 3.33x 30
146 HINDPETRO 205.35 2.86x 35
147 HINDUNILVR 2175.85 5x 20
148 HINDZINC 192.7 2.5x 40
149 HONAUT 28976.2 2.5x 40
150 HSIL 56.7 2.5x 40
151 HUDCO 37.45 2.5x 40
152 IBREALEST 68.35 1.25x 80
153 ICICIBANK 370.35 2.5x 40
154 ICICIGI 1271.1 2.5x 40
155 ICICIPRULI 433.25 2.5x 40
156 ICRA 2509.3 2.5x 40
157 IDBI 46 2x 50
158 IDFC 20.3 2.5x 40
159 IEX 186.25 2.5x 40
160 IFCI 7.55 2.5x 40
161 IGL 410.4 4x 25
162 INDHOTEL 81.8 2.5x 40
163 INDIACEM 123.9 2.5x 40
164 INDIANB 65.1 2x 50
165 INDIGO 1020.05 2.5x 40
166 INFRATEL 214.55 2.5x 40
167 INFY 781.7 4x 25
168 INOXLEISUR 233.75 1.25x 80
169 IOB 11.05 2.5x 40
170 IOC 86.5 4x 25
171 IPCALAB 1647 2.5x 40
172 IRCTC 1385.05 4x 25
173 ITC 195.45 4x 25
174 J&KBANK 19.8 2.5x 40
175 JAMNAAUTO 32.5 2.5x 40
176 JBCHEPHARM 713.7 2.5x 40
177 JKCEMENT 1423.6 2.5x 40
178 JKLAKSHMI 279.05 2.5x 40
179 JKPAPER 102.95 2.5x 40
180 JKTYRE 67.05 2.5x 40
181 JMFINANCIL 80.35 2.5x 40
182 JSWENERGY 47.25 2.5x 40
183 JSWSTEEL 197.45 3.33x 30
184 JUBLFOOD 1685.4 2x 50
185 JUSTDIAL 374.2 1.82x 55
186 JYOTHYLAB 119.8 2.5x 40
187 KAJARIACER 388.8 2.5x 40
188 KANSAINER 436.25 2.5x 40
189 KEC 271.7 2.5x 40
190 KIRLOSENG 110.95 2.5x 40
191 KNRCON 211.35 2.5x 40
192 KOTAKBANK 1368.15 2.5x 40
193 KTKBANK 45.5 2.5x 40
194 L&TFH 70.25 2.5x 40
195 LALPATHLAB 1815.85 2.5x 40
196 LAOPALA 194.6 2.5x 40
197 LAXMIMACH 2820.8 2.5x 40
198 LICHSGFIN 282.95 2.5x 40
199 LT 944.95 4x 25
200 LTI 2082 2x 50
201 LTTS 1406.3 2.5x 40
202 LUMAXTECH 92 2.5x 40
203 LUPIN 867.05 4x 25
204 M&M 560.3 2.86x 35
205 M&MFIN 208.55 2.5x 40
206 MAHABANK 11.7 2x 50
207 MAHINDCIE 114.95 1.25x 80
208 MAHLIFE 216.1 2.5x 40
209 MAHLOG 320.25 2.5x 40
210 MANAPPURAM 159.5 2.5x 40
211 MARICO 343.05 4x 25
212 MARUTI 6002.35 3.33x 30
213 MAYURUNIQ 221.55 2.5x 40
214 MCDOWELL-N 625.45 4x 25
215 MCX 1302.65 2.5x 40
216 METROPOLIS 1458.75 2.5x 40
217 MGL 1012 4x 25
218 MHRIL 173.15 2.5x 40
219 MINDTREE 988.15 2.5x 40
220 MOIL 146.6 2.5x 40
221 MOTHERSUMI 97.65 2.5x 40
222 MOTILALOFS 713.05 2.5x 40
223 MPHASIS 903.4 2.5x 40
224 MRF 65335.85 5x 20
225 MRPL 36.95 2.5x 40
226 MUTHOOTFIN 1088.1 2.5x 40
227 NAM-INDIA 294.6 2.22x 45
228 NATCOPHARM 677.25 2.5x 40
229 NATIONALUM 36.65 3.33x 30
230 NAUKRI 2862.55 4x 25
231 NAVNETEDUL 77.7 2.5x 40
232 NBCC 26.9 2.22x 45
233 NESCO 433.05 2.5x 40
234 NESTLEIND 16759.1 4x 25
235 NHPC 20.5 2x 50
236 NIITLTD 94.4 2.5x 40
237 NILKAMAL 1218.5 2.5x 40
238 NMDC 85.65 2.5x 40
239 NTPC 91.2 4x 25
240 OBEROIRLTY 367.4 2.5x 40
241 OFSS 2793.1 2.5x 40
242 ORIENTREF 170.65 2.5x 40
243 PAGEIND 19993.6 3.33x 30
244 PERSISTENT 742.5 2.5x 40
245 PETRONET 265 3.33x 30
246 PFC 84.65 3.33x 30
247 PFIZER 4119.6 2.5x 40
248 PFS 13.85 2.5x 40
249 PGHH 10622.9 2.5x 40
250 PGHL 4165.2 2.5x 40
251 PHOENIXLTD 585.95 2.5x 40
252 PIDILITIND 1379.9 4x 25
253 PIIND 1726.5 2.5x 40
254 PNB 37.1 1.82x 55
255 PNBHOUSING 217.95 1.25x 80
256 POWERGRID 171.55 3.33x 30
257 PRAJIND 69.2 2.5x 40
258 PRESTIGE 199.45 2x 50
259 PRSMJOHNSN 52.05 2.5x 40
260 PSPPROJECT 411.1 2.5x 40
261 PTC 50.4 2.5x 40
262 PVR 1042.65 2x 50
263 RADIOCITY 17.4 2x 50
264 RALLIS 264.9 2.5x 40
265 RAMCOCEM 655.2 4x 25
266 RBL 560.3 2.22x 45
267 RBLBANK 188.15 2.5x 40
268 RECLTD 106.7 4x 25
269 RELAXO 643 2.5x 40
270 RELIANCE 1824.25 4x 25
271 RENUKA 9.55 1.25x 80
272 RITES 258.55 2.5x 40
273 SAIL 36.7 1.67x 60
274 SANOFI 7596.95 2.5x 40
275 SBILIFE 840.25 2.5x 40
276 SBIN 199.1 2.5x 40
277 SCHAEFFLER 3594.85 2.5x 40
278 SCHNEIDER 83.35 2.5x 40
279 SCI 60.3 2.5x 40
280 SFL 1426.35 2.5x 40
281 SHOPERSTOP 173.5 1.25x 80
282 SHREECEM 22803.6 4x 25
283 SHRIRAMCIT 707.95 2.5x 40
284 SIEMENS 1144.6 3.33x 30
285 SJVN 22.3 2.5x 40
286 SKFINDIA 1760.2 2.5x 40
287 SMLISUZU 436.7 2.22x 45
288 SOLARINDS 993.15 2.5x 40
289 SONATSOFTW 235.65 2.5x 40
290 SOUTHBANK 8.3 2.5x 40
291 SPARC 162.75 2.5x 40
292 SRF 3890.65 2.5x 40
293 STAR 420.8 2.5x 40
294 SUNDARMFIN 1318.2 2.5x 40
295 SUNDRMFAST 381.85 2.5x 40
296 SUNPHARMA 481.95 4x 25
297 SUNTV 400.85 3.33x 30
298 SUPRAJIT 159.5 2.5x 40
299 SUPREMEIND 1108.75 2.5x 40
300 SWARAJENG 1427.35 2.5x 40
301 SYMPHONY 897.9 2.5x 40
302 SYNGENE 430.05 2.5x 40
303 TATACHEM 307.1 4x 25
304 TATACOFFEE 87.25 2.22x 45
305 TATACOMM 625.7 1.25x 80
306 TATACONSUM 433.35 2.5x 40
307 TATAELXSI 926.45 2.5x 40
308 TATAMETALI 524.6 2.5x 40
309 TATAMOTORS 106.95 2.5x 40
310 TATAMTRDVR 42.45 2.5x 40
311 TATAPOWER 52.5 4x 25
312 TATASTEEL 344.5 2.86x 35
313 TCI 175.4 2.5x 40
314 TCIEXP 680.4 2.22x 45
315 TCNSBRANDS 358.4 2x 50
316 TCS 2204.35 4x 25
317 TEAMLEASE 1787.3 2.5x 40
318 TECHM 577.3 3.33x 30
319 THYROCARE 535.7 2.5x 40
320 TITAN 991.6 4x 25
321 TORNTPHARM 2363.3 2.5x 40
322 TORNTPOWER 330.45 2.86x 35
323 TRENT 621.7 2.5x 40
324 TRITURBINE 72.4 2.5x 40
325 TTKPRESTIG 5402.95 2.5x 40
326 TV18BRDCST 33.95 2.5x 40
327 TVSMOTOR 389.7 4x 25
328 TVSSRICHAK 1481.05 2.5x 40
329 TVTODAY 206.25 4x 25
330 UBL 1070.15 2.5x 40
331 UCOBANK 14.15 2.5x 40
332 UJJIVAN 262.95 2.5x 40
333 ULTRACEMCO 3843.45 3.33x 30
334 UNIONBANK 32.7 2.5x 40
335 UPL 442.55 2.5x 40
336 VEDL 112 2.5x 40
337 VGUARD 174.65 2.5x 40
338 VIPIND 254.85 2.5x 40
339 VOLTAS 560.75 4x 25
340 VRLLOG 158.9 2.5x 40
341 VSTIND 3228.9 2.5x 40
342 WABAG 111.95 1.25x 80
343 WABCOINDIA 6912 2.5x 40
344 WESTLIFE 328.1 2.5x 40
345 WHIRLPOOL 2224.1 2.5x 40
346 WIPRO 221.6 5x 20
347 WOCKPHARMA 265.35 3.33x 30
348 WONDERLA 136.75 2.5x 40
349 ZEEL 171.9 2.5x 40
350 ZENSARTECH 129 1.25x 80
351 ZYDUSWELL 1381.65 2.5x 40

Interest Saving Calculator

Calculate the interest earned on the outstanding sum as per the avg. annual savings account rate.

FAQs

Frequently Asked Questions

On purchasing shares with the BTPT product type, you only need to pay a fraction of the original margin required, and the outstanding sum can be settled in 2 Days (T+2 Days) from the date of purchase.

Example: If you purchase 1000 shares of Reliance Industries on Monday in delivery (CNC - Cash & Carry), at the rate of Rs. 1300, normally you would need to pay Rs. 13,00,000 at the time of purchase.

But with the BTPT facility, you can choose to pay only a fraction of the required margin amount upfront, let’s say Rs. 4,00,000 (initial payable margin vary with stocks), and the remaining Rs. 9,00,000, you can pay by Wednesday i.e. 2 Days from the date of purchase.

On choosing the BTPT product type while purchasing the shares, you only pay a fraction of the required margin and the remaining amount can be settled in 2 Days (T+2 Days) from purchase.

Meaning, your outstanding amount on the purchase of shares still remains in your bank’s savings account and is subject to interest accumulation on your bank balance at the annual savings account rate.

Example: If the purchase value of the shares is Rs. 10,00,000, you only need to pay Rs. 3,00,000 (payable upfront margin varies with the stocks), while the remaining Rs. 7,00,000 remains in your bank’s savings account accumulating interest on a daily basis. Considering the annual savings account interest rate at 6%, you gain approximately Rs.115 daily, or Rs. 230 on your outstanding capital of Rs.7,00,000 in the 2 Day period.

The interest you gain on your outstanding payable amount for 2 Days is comparatively higher than the brokerage you pay for the delivery transactions (Rs. 20 or 0.2% per order - whichever is lower). Hence the BTPT product triumphs over the brokerage-free model out in the market.

Example: The brokerage you pay on the buy-side of the delivery transaction of Rs. 10,00,000 is Rs. 20/ order on T Day (at the time of trade). You only pay a fraction of the entire margin required for the shares on T Day, i.e. Rs. 3,00,000 (payable upfront margin varies with the stocks). Meanwhile, you hold the outstanding sum of Rs. 7,00,000 in your savings account for the next 2 Days, thereby accruing interest on the said sum, which amounts to approximately Rs. 115 per day (assuming the bank's savings account interest rate at 6% p.a.). Thus the interest earned diminishes the overall brokerage cost. Your savings in this transaction is Rs. 210 (considering interest gained over 2 days is Rs. 230 on Rs. 7,00,000 outstanding due).

All Samco customers with a valid POA (Power of Attorney) status are eligible to transact in shares in the BTPT product type. If you haven’t submitted your POA yet, you are prohibited to use the BTPT option to trade in delivery. For hasslefree transactions using the BTPT option, you can download the POA form from your Star back-office website, fill in the required details and send the physical copy on our head office address.

No. You can only use the BTPT service on the 300+ stocks mentioned in the BTPT margin list . Check the entire list of stocks available under the BTPT product type before investing.

BTPT product type is available only for transactions in the Equity Cash segment. You cannot use the BTPT option for placing orders in any other segment - NFO, Commodity derivatives, Currency derivative.

No. BTPT service is available free of cost to all Samco customers who have submitted their POA (Power of Attorney). If you haven’t yet submitted your POA, kindly download the form from the Star back-office website and submit it as soon as possible.

While placing the orders for any share in the market, either on the StockNote mobile app, StockNote web app, or the Nest Trader desktop app, choose the BTPT product type from the dropdown list to trade with.

Next, fill the quantities of shares you wish to acquire, enter the price value and submit. Following which, your orders will be completed at the entered rate and you only need to pay the initial margin sum while the rest can be paid in 2 Days.

You can either choose to pay the initial margin for your shares with the UPI or Net banking payment option on the day of purchase. The same goes for the remaining sum.

You cannot transfer funds via the cheque payment mode as the amount may or may not be cleared by your banks within T+2 Days.

Yes. You can buy and sell the shares bought under the BTPT product type on the same day as the initial transaction.

You can choose the BTPT product type on any of the trading platforms in Samco to acquire the shares in delivery 2 days later.

On T Day:

  • You can purchase the shares using the BTPT product type only for the shares mentioned in the margin list.
  • You can hold your position in the BTPT product type till 3:30 PM of the same day.
  • You can also choose to sell the shares on the same day as the purchase.
  • You cannot convert the position of your purchased shares in BTPT to any other product type.

On T+1 Day:

  • Your positions will be marked in BTPT carry forward within the trader application.
  • You can choose to hold the shares or sell them on T+1 Day.
  • You can choose to pay the entire outstanding dues for the shares on T+1 Day.
  • On payment of the outstanding sum on T+1 Day, before 11:59 PM, your BTPT positions will be auto-converted to CNC (Cash & Carry) position on the next day by 9:15 AM.
  • But you are not allowed to convert the BTPT carry forward shares to any other product type on T+1 Day.

Yes. You can sell the shareholdings under the BTPT product type but will be charged interest at the applicable rate for 1 day for the funded amount of the BTPT purchases.

Example If you buy 100 shares of Company X at Rs. 1000 worth Rs. 1,00,000 on Monday by paying an upfront margin of Rs. 30,000. And then you sell the stock on T+1 day at Rs. 1200 per share for Rs. 1,20,000. Then you shall be liable to pay interest at the applicable rate for 1 day on the funded portion i.e. Rs. 70,000 (Rs. 1,00,000 purchase value - Rs. 30,000 margin amount).

On T+2 Day:

  • In case you have not paid off your obligation in full before trading on T+2 Day, your BTPT positions will be automatically moved from the BTPT carry forward type to the MIS (Margin IntraDay Square-Off) product type at 9:15 AM on T+2 Day.
  • On payment of the outstanding sum before 3:10 PM on T+2 Day, you can manually convert your BTPT position (now MIS position) to CNC (Cash & Carry) position and choose to hold your shares or square it off.
  • If you fail to manually convert the position (now MIS position) to CNC (Cash & Carry) position before 3:15 PM on T+2 Day, your positions will be automatically squared-off in intraday in accordance with Samco’s intraday RMS policy.

Yes. After full payment and acquiring the shares in delivery after T+2 Days, your BTPT orders can be converted to the CNC (Cash & Carry) order and you can hold the shares or sell it, as per your requirement.

No. Once orders are completed in BTPT product types, they cannot be converted into MIS (Margin IntraDay Square-Off) or CNC (Cash & Carry) thereafter, unless you pay the outstanding dues.

If you meet your outstanding payment obligation in full (not in part) on T+1 Day, before 11:59 PM, your positions will be auto-converted to CNC (Cash & Carry) position on T+2 Day. If you make the payment on T+2 Day, before 3:10 PM, you are obliged to convert your position from MIS (Margin Intraday Square-Off) to CNC (Cash & Carry) manually. The RMS team shall not be held accountable for the conversion of the BTPT carry forward position (now MIS position) to CNC position on T+2 Day, even after you make payment of the remaining sum.

No. You pay only the regular Rs. 20 or 0.2% per order (whichever is lower) while purchasing and selling the shares in delivery. The same brokerage structure is applicable to the BTPT product type as this is a delivery product, too

No. Loans against holdings are only eligible on clear holdings and shares bought under BTPT product type do not qualify as clear holdings. Only after receiving the delivery shares completely in your demat account, are you eligible to apply for the loans against your holdings.

No. Pledging on BTPT shares is only possible after acquiring the complete delivery of the purchased shares i.e. conversion of BTPT shares into CNC (Cash & Carry) shares. You are ineligible to pledge the holding shares before.

The percentage value of the initial margin varies with stock. Check the margin list of stocks available under the BTPT product type.

No interest is payable as long as you pay the delivery margin in FULL and complete your obligation before settlement time on T+2 day.

In simple terms, if you pay the balance on time, there is no interest obligation.

Interest shall only be levied in cases where you square off your BTPT positions on T+1 day or in case you are unable to pay off your margins and therefore your positions get squared off on T+2 day as MIS positions.

Yes. If you are unable to deliver the outstanding amount of the shares in delivery on T+2 Days (transaction plus 2 Days), you will incur interest of 0.05% per day on the funded amount of the BTPT purchase.

Also, upon defaulting the outstanding amount, your BTPT orders will be placed under the MIS (Margin IntraDay Square-Off) product type at 9:15 AM on T+2 day by the RMS team and will be considered as an intraday order, which will be subjected to auto square-off by 3:15 PM. Please read the RMS policy here.

As per the Samco RMS policy, your positions will be considered for losses for a value of up to 80% (M-To-M) of your trading balance, beyond which, it will be auto squared-off by the RMS team.

If you purchase any shares in BTPT product type by paying the initial margin amount on Thursday i.e T Day, you can pay for the remaining amount on T+2 Days i.e. on Monday.

If the purchase of shares is on Friday i.e. T Day, you can pay the remaining sum by Tuesday i.e. T+2 Days.

Yes. Samco will send reminders for your outstanding payable amount via emails and SMS on the T+1 and T+2 Days. You need to fulfill the payment obligation before T+2 Days by 3:10 PM, after which, your positions will be squared-off by the RMS team as subject to Samco’s RMS policy.

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