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What is T+5 PayLater on Paytm Money?

T+5 PayLater lets you place intraday equity trades with leverage and hold the position for up to 5 trading days without forced square-off. If you have sufficient margin, the position auto-converts to delivery. Brokerage is capped at ₹20 per order. This is unique to Paytm Money — no other major Indian discount broker offers this feature.

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