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Paytm Money’s heart melted, Pay Later’s interest rates and scissors run in brocade charge – Paytm Money Slashes MTF Interest Rates and Brokeage Charges for Pay Later Check Details

Paytm Money Limited, a subsidiary of One 97 Communications Limited, has become a research analyst. The company has recently given a big gift to its users. The company has run scissors in annual interest rates and brokerage charges. This will provide great relief to users. Now the company has reduced the annual interest rate from 14.99 per cent to 9.75 per cent. This rate applies to retail investors and people with funding books worth more than Rs 25 lakh. The annual interest rate for funding between Rs 1 lakh and Rs 25 lakh will remain 14.99 percent.

These new rates vary depending on each slab and funding book size. These rates will be applicable from 18 May 2025. Here Paytm Mani has also changed the brokerage charge. It has been traded 0.1 percent per traded. This reduced new rates will be applicable from 18 May 2025.

Users will benefit

The company aims to encourage more and more people in margin trading with this change. So that more and more investors can be attracted. Meanwhile, Paytm Mani said that these new rates will reduce the cost. Transparency will increase. With this, access to investors will increase. Paytm Money has implemented a slab-based interest rate system for the first time. In which the interest rate will be based on the funding book size of the investor. According to Paytm, the aim of MTF in the new scheme is to make margin trading easier and cheaper. Along with this, investors will get more trading power at low cost.

According to the company, this will also ensure the long -term stability of the platform. The company has made this change at a time when interest in margin based products is increasing. In this, investors want cost control and transparency.

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