What happens if I miss the interest payments for using MTF?
Using MTF (Margin Trading Facility) requires regular interest payments on the borrowed amount. If a payment is missed, FYERS will pause your MTF access temporarily—but there’s no penalty blacklist or permanent block.
What to Expect If You Miss an Interest Payment
- Temporary Suspension:
Your ability to trade using MTF will be paused until the pending interest is cleared. - No Blacklisting:
Missing a payment doesn’t permanently disqualify you from using MTF. Your access will resume once the dues are settled. - Account Status:
During the suspension period, you’ll still have access to your holdings and account information, but you won't be able to place new MTF orders.
What If…
| Scenario | What You Can Do |
|---|
| Interest payment missed by mistake | Clear the pending amount and MTF will be reactivated shortly. |
| Not sure why MTF access is paused | Check your MTF interest summary in the account or reach out to FYERS support. |
| Need help with payment or dues | Contact the FYERS support team via [email protected]. |
Last updated: 12 Jun 2025
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