Samco securities limited

Introducing BTPT
“Buy Today, Pay in Two Days”

Get 2 days of leverage for buying delivery stocks. Buy shares in delivery today by paying a fraction of margin and and pay remaining after two days from the date of purchase.

Explore BTPT Margin Calculator
Get the highest leverage

How BTPT works ?

Pay when you have to, Hold cash for 2 more days
in your savings account and earn interest on your cash balance.

  • Pay today
    ₹40,000
  • +
  • Pay outstanding in 2 days
    ₹60,000
  • =
  • Buy shares today worth
    ₹1,00,000

BTPT Calculator

Select stock

Cash balance

CMP

Funding Amount

₹6,700

Total exposure

6,700

Quantity

6,700

BTPT
Delivery margin calculator

S/No Stock CMP Leverage Margin% Action
1 3MINDIA 23726.05 2.5x 40
2 AARTIDRUGS 425 2.5x 40
3 AARTIIND 803.5 2.5x 40
4 AAVAS 2165.5 2.5x 40
5 ABB 2721.1 2.5x 40
6 ABBOTINDIA 20300 2.5x 40
7 ABFRL 276.15 2.5x 40
8 ABSLAMC 437.1 2.5x 40
9 ACC 2224.6 2.5x 40
10 ACC 2254.8 2.5x 40
11 ADANIENT 2698.4 2.5x 40
12 ADANIENT 2791.9 2.5x 40
13 ADANIPORTS 801.65 2.5x 40
14 ADANIPORTS 810.25 2.5x 40
15 ADANIPOWER 328.6 2.5x 40
16 ADANIPOWER 332.05 2.5x 40
17 ADVENZYMES 278.8 1.25x 80
18 AETHER 821.65 2x 50
19 AIAENG 2395.25 2.5x 40
20 AJANTPHARM 1275 2.5x 40
21 AKZOINDIA 1926.5 2.5x 40
22 ALKEM 2984.45 2.5x 40
23 ALLCARGO 299.45 2.5x 40
24 AMARAJABAT 510.45 2.5x 40
25 AMBUJACEM 380.2 2.5x 40
26 AMBUJACEM 382.65 2.5x 40
27 AMRUTANJAN 828.5 2.5x 40
28 ANANDRATHI 672.35 2.5x 40
29 ANUP 854.8 2.5x 40
30 APLLTD 663.75 2.5x 40
31 APOLLOHOSP 4374.1 2.5x 40
32 APOLLOHOSP 4427.35 2.5x 40
33 APOLLOPIPE 485.9 2.5x 40
34 APOLLOTYRE 228.9 2.5x 40
35 ARVIND 95.05 2.5x 40
36 ASHOKLEY 145.2 2.5x 40
37 ASIANPAINT 3458.45 2.5x 40
38 ASIANPAINT 3473.9 2.5x 40
39 ASTRAL 1972.75 2.5x 40
40 ASTRAZEN 3155.5 2.5x 40
41 ATUL 9333.3 2.5x 40
42 ATULAUTO 174.75 2.5x 40
43 AUBANK 648 2.5x 40
44 AUBANK 650.05 2.5x 40
45 AUROPHARMA 567.85 2.5x 40
46 AUROPHARMA 568.65 2.5x 40
47 AUTOAXLES 1948.2 2.5x 40
48 AWL 665.6 2.5x 40
49 AXISBANK 728.5 2.5x 40
50 AXISBANK 745.55 2.5x 40
51 BAJAJ-AUTO 4013.1 2.5x 40
52 BAJAJ-AUTO 4022.65 2.5x 40
53 BAJAJCON 161.25 2.5x 40
54 BAJAJELEC 1150.55 2.5x 40
55 BAJAJFINSV 15085.85 2.5x 40
56 BAJAJFINSV 15530.65 2.5x 40
57 BAJFINANCE 7304.7 2.5x 40
58 BAJFINANCE 7342.2 2.5x 40
59 BALKRISIND 2150 2.5x 40
60 BALKRISIND 2162.8 2.5x 40
61 BANKBARODA 118.25 2.22x 45
62 BANKINDIA 48.65 2.5x 40
63 BATAINDIA 1902.2 2.5x 40
64 BAYERCROP 5416.15 2.5x 40
65 BBTC 927.15 2.5x 40
66 BEL 276.15 2.5x 40
67 BEL 281.85 2.5x 40
68 BEML 1465.65 2.5x 40
69 BERGEPAINT 673.75 2.5x 40
70 BERGEPAINT 674.65 2.5x 40
71 BFUTILITIE 327.2 2x 50
72 BHARATFORG 706.4 2.5x 40
73 BHARATFORG 712.45 2.5x 40
74 BHARTIARTL 703.65 2.5x 40
75 BHARTIARTL 704.35 2.5x 40
76 BHEL 51.85 2x 50
77 BIOCON 313.3 2.5x 40
78 BIOCON 313.7 2.5x 40
79 BIRLACORPN 968.2 2.5x 40
80 BLUESTARCO 1009.7 2.5x 40
81 BOSCHLTD 17314.5 2.5x 40
82 BPCL 325.65 2.5x 40
83 BPCL 336.4 2.5x 40
84 BRITANNIA 3631.4 2.5x 40
85 BRITANNIA 3688.1 2.5x 40
86 BSE 645.95 2.5x 40
87 BSOFT 343.6 1.25x 80
88 BURGERKING 123.65 2.5x 40
89 CADILAHC 360.7 2.5x 40
90 CANBK 225.05 2.5x 40
91 CANFINHOME 595.6 2.5x 40
92 CARBORUNIV 840.05 2.5x 40
93 CARERATING 466.4 2.5x 40
94 CASTROLIND 114.1 2.5x 40
95 CDSL 1168.95 2.5x 40
96 CEATLTD 1330.6 2.5x 40
97 CENTRALBK 18.1 2.5x 40
98 CENTURYPLY 611.35 2.5x 40
99 CENTURYTEX 851.15 2x 50
100 CERA 4719.5 2.5x 40
101 CESC 80.4 2.5x 40
102 CHENNPETRO 264.1 2.5x 40
103 CHOLAFIN 771.2 2.5x 40
104 CHOLAFIN 775.95 2.5x 40
105 CIPLA 1029.55 2.5x 40
106 CIPLA 1034.2 2.5x 40
107 COALINDIA 208.45 2.5x 40
108 COALINDIA 215.4 2.5x 40
109 COCHINSHIP 341.2 2.5x 40
110 COLPAL 1597.25 2.5x 40
111 COLPAL 1614.1 2.5x 40
112 CONCOR 685.9 2.5x 40
113 CONCOR 696.4 2.5x 40
114 COROMANDEL 1049.5 2.5x 40
115 CRISIL 3212.65 2.5x 40
116 CROMPTON 375.3 2.5x 40
117 CUB 162.8 2.5x 40
118 CUMMINSIND 1190.3 2.5x 40
119 CYIENT 829.9 2.5x 40
120 DABUR 579.15 2.5x 40
121 DABUR 586.5 2.5x 40
122 DBCORP 93.25 2x 50
123 DCBBANK 85.25 2.5x 40
124 DEEPAKFERT 850.25 2.5x 40
125 DEEPAKNTR 2009.8 2.5x 40
126 DHANUKA 686.4 1.25x 80
127 DIVISLAB 3912.2 2.5x 40
128 DIVISLAB 3937.6 2.5x 40
129 DLF 367.8 2.5x 40
130 DLF 370.3 2.5x 40
131 DRREDDY 4156.85 2.5x 40
132 DRREDDY 4223.35 2.5x 40
133 ECLERX 2304.55 2.5x 40
134 EDELWEISS 56.95 2x 50
135 EIDPARRY 558.25 2.5x 40
136 EMAMILTD 455.1 2.5x 40
137 EMUDHRA 344.55 2x 50
138 ENDURANCE 1456.15 2.5x 40
139 ENGINERSIN 66.4 2.5x 40
140 ERIS 697.25 2.5x 40
141 ESCORTS 1649.5 2.5x 40
142 EXIDEIND 158 2.5x 40
143 FDC 277.3 2.5x 40
144 FEDERALBNK 109.55 2.5x 40
145 FINCABLES 427.35 2.5x 40
146 FINEORG 5827.1 2.5x 40
147 FINOPB 249.05 2.5x 40
148 FINPIPE 138.25 2.5x 40
149 FORCEMOT 1114.4 2.5x 40
150 FORTIS 269.15 2.5x 40
151 GAIL 132.9 2.5x 40
152 GAIL 133.35 2.5x 40
153 GALAXYSURF 3152 2.5x 40
154 GET&D 121.4 2.5x 40
155 GICRE 121.45 2.5x 40
156 GILLETTE 5192.85 2.5x 40
157 GLAXO 1443.4 2.5x 40
158 GLENMARK 371.6 2.5x 40
159 GODFRYPHLP 1199.35 2.5x 40
160 GODREJAGRO 494.9 2.5x 40
161 GODREJCP 868.55 2.5x 40
162 GODREJCP 873.1 2.5x 40
163 GODREJIND 453.9 2.5x 40
164 GODREJPROP 1366.7 2.5x 40
165 GODREJPROP 1373.85 2.5x 40
166 GPPL 82.95 2.5x 40
167 GRANULES 314.1 1.25x 80
168 GRASIM 1598.3 2.5x 40
169 GRASIM 1598.65 2.5x 40
170 GREAVESCOT 162.45 2.5x 40
171 GRINDWELL 1997.9 2.5x 40
172 GSPL 236.25 2.5x 40
173 GULFOILLUB 444.9 2.5x 40
174 HAVELLS 1289.4 2.5x 40
175 HAVELLS 1304.95 2.5x 40
176 HCLTECH 957.75 2.5x 40
177 HCLTECH 966.05 2.5x 40
178 HDFC 2355.2 2.5x 40
179 HDFC 2393.7 2.5x 40
180 HDFCAMC 2004.7 2.5x 40
181 HDFCBANK 1427.05 2.5x 40
182 HDFCBANK 1462.05 2.5x 40
183 HDFCLIFE 536.75 2.5x 40
184 HDFCLIFE 539.25 2.5x 40
185 HEIDELBERG 192.8 2.5x 40
186 HEROMOTOCO 2738.05 2.5x 40
187 HEROMOTOCO 2770.7 2.5x 40
188 HINDALCO 410.8 2.5x 40
189 HINDALCO 421.4 2.5x 40
190 HINDPETRO 239.05 2.5x 40
191 HINDPETRO 250.7 2.5x 40
192 HINDUNILVR 2645.4 2.5x 40
193 HINDUNILVR 2650.35 2.5x 40
194 HINDZINC 271.4 2.5x 40
195 HONAUT 40523.25 2.5x 40
196 HSIL 272.45 2.5x 40
197 HUDCO 37.45 2.5x 40
198 IBREALEST 71.55 2x 50
199 ICICIBANK 836.95 2.5x 40
200 ICICIBANK 838.2 2.5x 40
201 ICICIGI 1199.85 2.5x 40
202 ICICIGI 1214.1 2.5x 40
203 ICICIPRULI 569.85 2.5x 40
204 ICICIPRULI 582.1 2.5x 40
205 ICRA 3850.15 2.5x 40
206 IDBI 40.9 2x 50
207 IDFC 61.2 2.5x 40
208 IEX 165.9 2.5x 40
209 IFCI 10.35 2.5x 40
210 IGL 353.15 2.5x 40
211 IGL 358.75 2.5x 40
212 INDHOTEL 270.85 2.5x 40
213 INDIACEM 195.8 2.5x 40
214 INDIANB 174.05 2x 50
215 INDIGO 2067.2 2.5x 40
216 INDIGO 2080.9 2.5x 40
217 INDUSTOWER 199.75 2.5x 40
218 INDUSTOWER 200.2 2.5x 40
219 INFY 1616.65 2.5x 40
220 INFY 1619.4 2.5x 40
221 INOXLEISUR 588.85 2x 50
222 IOB 17.8 2.5x 40
223 IOC 73.1 2.5x 40
224 IOC 73.35 2.5x 40
225 IRCTC 658.5 2.5x 40
226 ITC 310.85 2.5x 40
227 ITC 313.15 2.5x 40
228 J&KBANK 30.65 2.5x 40
229 JAMNAAUTO 125.75 2.5x 40
230 JBCHEPHARM 1861.4 1.25x 80
231 JKCEMENT 2598.05 2.5x 40
232 JKLAKSHMI 473.3 2.5x 40
233 JKPAPER 388.9 2.5x 40
234 JKTYRE 129.35 2.5x 40
235 JMFINANCIL 61.55 2.5x 40
236 JSWSTEEL 667.15 2.5x 40
237 JSWSTEEL 669.2 2.5x 40
238 JUBLFOOD 567.55 2.5x 40
239 JUBLFOOD 575.65 2.5x 40
240 JUSTDIAL 587.55 2.5x 40
241 JYOTHYLAB 183.05 2.5x 40
242 KAJARIACER 1148.75 2.5x 40
243 KANSAINER 496.3 2.5x 40
244 KEC 404.6 2.5x 40
245 KIRLOSENG 160.95 2.5x 40
246 KNRCON 259.15 2.5x 40
247 KOTAKBANK 1833.9 2.5x 40
248 KOTAKBANK 1844.5 2.5x 40
249 KTKBANK 73.75 2.5x 40
250 L&TFH 74.7 2.5x 40
251 LALPATHLAB 2418.05 2.5x 40
252 LAOPALA 314.35 2.5x 40
253 LATENTVIEW 367.35 2.5x 40
254 LAXMIMACH 10550.35 2.5x 40
255 LICHSGFIN 380 2.5x 40
256 LICI 680 2.5x 40
257 LT 1787.45 2.5x 40
258 LT 1829.65 2.5x 40
259 LTI 4900.2 2.5x 40
260 LTI 4925.35 2.5x 40
261 LTTS 3589.8 2.5x 40
262 LUMAXTECH 229.95 2.5x 40
263 LUPIN 666.65 2.5x 40
264 LUPIN 668.1 2.5x 40
265 M&M 1235.9 2.5x 40
266 M&M 1276.7 2.5x 40
267 M&MFIN 196.1 2.5x 40
268 MAHABANK 17.25 2.5x 40
269 MAHINDCIE 269.9 2x 50
270 MAHLIFE 428.05 2.5x 40
271 MAHLOG 473.05 2.5x 40
272 MANAPPURAM 107.7 2.5x 40
273 MARICO 519.7 2.5x 40
274 MARICO 523.4 2.5x 40
275 MARUTI 8841.2 2.5x 40
276 MARUTI 8921.95 2.5x 40
277 MAYURUNIQ 427.6 2.5x 40
278 MAZDOCK 282.3 2.5x 40
279 MCDOWELL-N 781.1 2.5x 40
280 MCDOWELL-N 786.5 2.5x 40
281 MCX 1285.1 2.5x 40
282 MEDPLUS 738.6 2.5x 40
283 METROBRAND 758.1 2.5x 40
284 METROPOLIS 1529.2 2.5x 40
285 MGL 817.7 2.5x 40
286 MHRIL 255.05 2.5x 40
287 MINDTREE 3530.25 1.82x 55
288 MINDTREE 3565.65 1.82x 55
289 MOIL 161.65 2.5x 40
290 MOTHERSUMI 128.55 2.5x 40
291 MOTHERSUMI 130.45 2.5x 40
292 MOTILALOFS 767.35 2.5x 40
293 MPHASIS 2391.15 2.5x 40
294 MPHASIS 2394.85 2.5x 40
295 MRF 87717.5 2.5x 40
296 MRF 88895.45 2.5x 40
297 MRPL 72.3 2.5x 40
298 MUTHOOTFIN 1122.9 2.5x 40
299 MUTHOOTFIN 1144.4 2.5x 40
300 NAM-INDIA 305.25 2.5x 40
301 NATCOPHARM 750.5 2.5x 40
302 NATIONALUM 78.8 2.5x 40
303 NAUKRI 4266.8 2.5x 40
304 NAUKRI 4310.05 2.5x 40
305 NAVNETEDUL 131.6 2.5x 40
306 NBCC 34.7 2.5x 40
307 NESCO 576.6 2.5x 40
308 NESTLEIND 19652.95 2.5x 40
309 NESTLEIND 19921.5 2.5x 40
310 NHPC 35.1 2.5x 40
311 NIITLTD 352.55 2.5x 40
312 NILKAMAL 2146.4 2.5x 40
313 NMDC 113.1 2.5x 40
314 NTPC 155.6 2.5x 40
315 NTPC 159.4 2.5x 40
316 NYKAA 1416.2 2.5x 40
317 OBEROIRLTY 895.5 2.5x 40
318 OFSS 3372.45 2.5x 40
319 PAGEIND 48211.6 2.5x 40
320 PAGEIND 48627.1 2.5x 40
321 PARADEEP 50.75 2x 50
322 PERSISTENT 3763.55 1.25x 80
323 PETRONET 210.65 2.5x 40
324 PETRONET 215.85 2.5x 40
325 PFC 117.7 2.5x 40
326 PFIZER 4172.95 2.5x 40
327 PFS 15.35 2.5x 40
328 PGHH 14578.1 2.5x 40
329 PGHL 4408.45 2.5x 40
330 PHOENIXLTD 1307.3 2.5x 40
331 PIDILITIND 2640.85 2.5x 40
332 PIDILITIND 2649.35 2.5x 40
333 PIIND 3223.6 2.5x 40
334 PIIND 3245.3 2.5x 40
335 PNB 33.35 2.5x 40
336 PNBHOUSING 348.2 2x 50
337 POLICYBZR 557.45 2.5x 40
338 POWERGRID 221.9 2.5x 40
339 POWERGRID 223.65 2.5x 40
340 PRESTIGE 431.25 2x 50
341 PRSMJOHNSN 123.05 2.5x 40
342 PSPPROJECT 636.25 2.5x 40
343 PTC 82.75 2.5x 40
344 PVR 2128.3 2x 50
345 RALLIS 225.3 2.5x 40
346 RAMCOCEM 755.1 2.5x 40
347 RBL 703.1 2x 50
348 RBLBANK 98.25 2.5x 40
349 RECLTD 133.45 2.5x 40
350 RELAXO 1002 2.5x 40
351 RELIANCE 2534 2.5x 40
352 RELIANCE 2567.15 2.5x 40
353 RHIM 510.75 2.5x 40
354 RITES 265.7 2.5x 40
355 SAIL 78.15 2x 50
356 SANOFI 6518.25 2.5x 40
357 SBILIFE 1266.65 2.5x 40
358 SBILIFE 1269.9 2.5x 40
359 SBIN 520.4 2.5x 40
360 SBIN 531.05 2.5x 40
361 SCHAEFFLER 2821.55 2.5x 40
362 SCHNEIDER 117.5 2.5x 40
363 SCI 106.85 2.5x 40
364 SFL 2885.8 2.5x 40
365 SHOPERSTOP 603.65 2x 50
366 SHREECEM 21195.6 2.5x 40
367 SHREECEM 21237.4 2.5x 40
368 SHRIRAMCIT 1985.05 2.5x 40
369 SHRIRAMPPS 74.3 2.5x 40
370 SIEMENS 2690.55 2.5x 40
371 SIEMENS 2808.65 2.5x 40
372 SJVN 28.15 2.5x 40
373 SKFINDIA 4326.9 2.5x 40
374 SMLISUZU 668.3 2.22x 45
375 SOLARINDS 3135.15 2.5x 40
376 SONATSOFTW 701 2.5x 40
377 SOUTHBANK 8 2.5x 40
378 SPARC 221.35 2.5x 40
379 SRF 2480.9 2.5x 40
380 SRF 2498.55 2.5x 40
381 STAR 341 2.5x 40
382 SUNDARMFIN 2112.85 2.5x 40
383 SUNDRMFAST 827.55 2.5x 40
384 SUNPHARMA 910.4 2.5x 40
385 SUNPHARMA 915.95 2.5x 40
386 SUNTV 469.55 2x 50
387 SUPRAJIT 340.35 2.5x 40
388 SUPREMEIND 1869.65 2.5x 40
389 SUPRIYA 348.15 2.5x 40
390 SWARAJENG 1570.9 2.5x 40
391 SYMPHONY 909.35 2.5x 40
392 SYNGENE 576.15 2.5x 40
393 TATACHEM 957 2.5x 40
394 TATACOFFEE 217.95 2.5x 40
395 TATACOMM 1091.7 1.25x 80
396 TATACONSUM 784.8 2.5x 40
397 TATACONSUM 788.7 2.5x 40
398 TATAELXSI 9308.6 2.5x 40
399 TATAELXSI 9555.2 2.5x 40
400 TATAMETALI 711.7 2.5x 40
401 TATAMOTORS 465.25 1.82x 55
402 TATAMOTORS 468.25 1.82x 55
403 TATAMTRDVR 226.4 2.5x 40
404 TATAPOWER 228.25 2.5x 40
405 TATAPOWER 232.1 2.5x 40
406 TATASTEEL 107.2 2.5x 40
407 TATASTEEL 107.35 2.5x 40
408 TCI 719.75 2.5x 40
409 TCIEXP 1651.45 2x 50
410 TCNSBRANDS 612.55 2x 50
411 TCS 3365.05 2.5x 40
412 TCS 3374.45 2.5x 40
413 TEAMLEASE 3212.15 2.5x 40
414 TECHM 1056.6 2.5x 40
415 TECHM 1058.2 2.5x 40
416 THYROCARE 633.6 2.5x 40
417 TITAN 2432.8 2.5x 40
418 TITAN 2446.95 2.5x 40
419 TORNTPHARM 1555.1 2.5x 40
420 TORNTPHARM 1556.55 2.5x 40
421 TORNTPOWER 548.5 2.5x 40
422 TRENT 1315.9 2.5x 40
423 TRENT 1318.65 2.5x 40
424 TRITURBINE 192.6 2.5x 40
425 TTKPRESTIG 881.2 2.5x 40
426 TV18BRDCST 37.45 2.5x 40
427 TVSMOTOR 956.7 2.5x 40
428 TVSSRICHAK 2238.6 2.5x 40
429 TVTODAY 287.05 2.5x 40
430 UBL 1606.65 2.5x 40
431 UCOBANK 11.7 2.5x 40
432 UJJIVAN 176.8 2.5x 40
433 ULTRACEMCO 6677.85 2.5x 40
434 ULTRACEMCO 6775.2 2.5x 40
435 UNIONBANK 38.8 2.5x 40
436 UPL 743.45 2.5x 40
437 UPL 749.15 2.5x 40
438 UTIAMC 737.75 2.5x 40
439 VEDL 253.25 2.5x 40
440 VEDL 256.75 2.5x 40
441 VGUARD 239.05 2.5x 40
442 VIPIND 599.05 2.5x 40
443 VOLTAS 982.3 2.5x 40
444 VRLLOG 614 2.5x 40
445 VSTIND 3446.9 2.5x 40
446 WABAG 245.95 2.5x 40
447 WABCOINDIA 9344 2.5x 40
448 WESTLIFE 603.1 2.5x 40
449 WHIRLPOOL 1802.45 2.5x 40
450 WIPRO 435.85 2.5x 40
451 WIPRO 440 2.5x 40
452 WOCKPHARMA 233.5 2.5x 40
453 WONDERLA 278.15 2.5x 40
454 ZEEL 251.25 2.5x 40
455 ZENSARTECH 229.35 2.5x 40
456 ZYDUSWELL 1595.45 2.5x 40

BTPT
Interest saving calculators

Delivery Order Size

Required*

Upfront Margin Percent

Required*

Assuming Avg. Annual Interest on Savings Account

Required*

Delivery Order Size

₹30,00,000

Delivery Order Size

₹30,00,000

Outstanding Sum Payable in 2 Days

₹30,00,000

Outstanding Sum Payable in 2 Days

₹30,00,000

FAQ’s

Q
How does BTPT work?
+
A

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.

Q
What are the benefits of choosing the BTPT option while buying shares in delivery?
+
A

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.

Q
How is this product superior to free brokerage products?
+
A

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).

Q
Who can avail the BTPT option?
+
A

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.

Q
Can you use the BTPT service for purchasing any & all stocks in delivery?
+
A

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.

Q
Is BTPT available for all segments?
+
A

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.

Q
Do you need to pay any fee for the BTPT service?
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A

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.

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