How does MTF / BSPL work?

To place a BSPL (E‑margin) order through HDFC Securities:

1. Log in to your trading account via web or mobile app.
2. Click on “Buy” and choose the desired exchange.
3. Type the first few characters of the stock/ETF name and select the instrument.
4. Select the product type as “E‑margin” (BSPL).
5. Enter quantity and price, then use “Know your Margin” to see the margin requirement for that order.
6. Place the order and track its status in the order book.
7. To close your position any time up to T+275, go to “Open Positions” and square off your BSPL trade.

BSPL can help you build an investing habit, enjoy convenience, and access higher profit potential, but it also increases the impact of adverse market moves. You should read the rules, terms and conditions, be clear about the total cost (including interest), and understand your obligations if you miss payments or margin requirements.