2 weeks Ago
Paytm shares are expected to be in focus on Tuesday after Paytm Money — a wholly owned subsidiary of One 97 Communications — announced a revised interest rate and brokerage structure for its Margin Trading Facility (MTF), also known as Pay Later.The platform has introduced a slab-based interest rate model starting at 9.75% per annum, significantly lower than the earlier flat rate of 14.
99%. It has also revised its brokerage to 0.1% per trade, aiming to balance affordability and sustainability.
Retail investors can now access Pay Later (MTF) at an industry-leading rate of 9.75% p.a.
, making it easier to start trading affordably. Additionally, high value traders with a funding book size above Rs 25 lakh will also benefit from the same 9.75% p.
a. interest rate, incentivising greater trading activity and deeper engagement. Investors with a book size of between Rs 1 lakh and Rs 25 lakh will have a 14.
99% p.a. interest rate, said Paytm Money.
The move aims to boost affordability and attract both retail and high-value investors. According to the company, the updated model addresses key concerns around cost-efficiency and transparency.“We remain committed to delivering investor-friendly solutions as part of our mission to democratise wealth management in India,” a Paytm Money spokesperson said.
“With cost-effective rates and fair pricing, we hope more investors will be encouraged to start their wealth journey.”The revised interest rates come into effect on April 18, 2025, and the new brokerage rate will be applicable from May 18, 2025.Also Read: Stocks in news: HCL Tech, Waaree Energies, HUL, Tata Power, Mahindra LogisticsPaytm shares price targetAccording to Trendlyne, the average target price for Paytm shares is Rs 837, suggesting a potential downside of 5% from current levels.
The stock has a ‘Hold’ rating from 17 analysts.Paytm shares price performanceOn Monday, Paytm shares closed 3.4% higher at Rs 878.
The stock has gained 17% in the past one month and is up 132% over the past one year. The company’s current market capitalisation stands at Rs 56,006 crore.Also Read: Rich Dad Poor Dad author Robert Kiyosaki predicts Bitcoin will double to $200k by 2025(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own.
These do not represent the views of the Economic Times).
