How BNPL Works in Bajaj Broking

1. You purchase shares using the BNPL facility.
2. Bajaj Broking pays the exchange on your behalf.
3. You are given extra time (typically T+7, T+30, or as per the plan) to pay the amount.
4. Until then, the shares remain in your “BNPL funded” position.
5. You pay interest/charges only for the period you use the funding.

Why Investors Use BNPL

• Buy stocks instantly even if funds are insufficient.
• Capture short-term market opportunities.
• More flexibility in managing cash flow.
• Short-term funding at competitive charges.
• Helps in portfolio building without immediate liquidity.

Who Can Use BNPL

• Active traders
• Long-term investors wanting flexibility
• Clients waiting for funds but not wanting to miss a price opportunity
• Individuals who want temporary financing for delivery trades

Benefits of BNPL in Bajaj Broking

• Quick and seamless activation
• Competitive interest/charges
• No need for a separate loan process
• Higher buying power with minimal documentation
• Smooth repayment through trading account or bank transfer

Key Points to Note

• Interest charges apply based on usage duration
• Shares stay in the broker’s pool until full repayment
• Late payment may attract penalties
• Market risk remains with the client