{"id":6392,"date":"2026-02-26T09:46:57","date_gmt":"2026-02-26T09:46:57","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=6392"},"modified":"2026-02-27T05:25:40","modified_gmt":"2026-02-27T05:25:40","slug":"t-plus-5-pay-later-charges-explained","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/t-plus-5-pay-later-charges-explained\/","title":{"rendered":"What Are the Charges for T+5 Pay Later? Brokerage & Interest Explained"},"content":{"rendered":"

If you are a swing trader or someone who occasionally needs a little extra time for a stock\u2019s price to hit your target, Paytm Money\u2019s T+5 Pay Later<\/span><\/a> feature offers a sweet spot between rigid intraday trading and capital-heavy delivery trades. It gives you the leverage to buy up to 5x (Source: NSE) the value of your capital and the flexibility to hold your position for up to 5 days.<\/p>\n

But when you use borrowed funds to trade, understanding the associated costs is vital to protecting your profits. Here is a complete breakdown of the charges, holding period rules, and what you need to keep in mind when using T+5 Pay Later.<\/span><\/p>\n

Brokerage Charges for T+5 Pay Later Trades<\/h2>\n

When it comes to brokerage, Paytm Money\u2019s T+5 Pay Later keeps things very simple. Trading on T+5 Pay Later incurs the standard flat brokerage fee of up to \u20b920 per order. There are no surprise brokerage costs here. You pay the exact same transaction fee as you normally would for an intraday or delivery trade.<\/p>\n

Interest Charges Explained in Simple Terms<\/b><\/h2>\n

Because T+5 Pay Later essentially acts as a short-term loan (Paytm Money funds up to 80% of your trade value), you have to pay interest for the privilege of holding a leveraged position overnight for up to 5 days.<\/span><\/p>\n

Daily interest calculation<\/b><\/h3>\n

Interest is charged at roughly 0.05% per day.<\/p>\n

One critical point to remember is that interest is calculated on calendar days, not just trading days. If you hold a position over the weekend or through a public holiday, the interest for those days will also be added to your total cost.<\/p>\n

Example for 1\u20135 days<\/b><\/h3>\n

Let\u2019s look at a practical example of how these interest charges accumulate. Imagine you decide to buy shares worth \u20b91,25,000 on a Monday using T+5 Pay Later.\u00a0<\/span><\/p>\n

(<\/span>Assuming 5x Leverage on the stock<\/span><\/i>)<\/span><\/p>\n