You can convert your Margin Trade Facility (MTF) positions into delivery holdings seamlessly through the Rupeezy app. This helps you take ownership of your stocks and avoid margin interest costs.
Important Notes
Conversion will be processed only if sufficient funds are available in your account.
All conversions are subject to RMS verification.
Charges: ₹25 + GST per scrip per request (for each pledge and unpledge).
Intraday unpledging will be done after the credit of stocks to your demat account.
Steps to Convert MTF to Delivery
1.Open the Rupeezy App and go to Positions > MTF.
2.Tap on the position you want to convert.
3.Select the quantity you wish to convert and confirm the request.
Tip: Ensure that you have the required funds in your account as shown on the screen for a successful conversion.
View or Edit Conversion Requests
1.Tap on Delivery Conversion History.
Here you can view the status, edit, or cancel your existing conversion requests.
MTF to Delivery Conversion Status
Approval Pending: Your conversion request is under review. Our team will verify available funds and quantity before approval.
Approved: Your conversion request has been approved, and positions have been converted to delivery.
Partially Approved: Your conversion request has been approved partially due to insufficient funds or quantity.
Rejected: Your request has been rejected due to insufficient funds or quantity.