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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 IEX 265.95 1.25x 80
2 ITC 223.95 2x 50.08

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?
+
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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