Paytm shares in focus after Paytm Money slashes interest rates, revises brokerage for MTF
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.
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"
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.'
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The revised interest rates come into effect on April 18, 2025, and the new brokerage rate will be applicable from May 18, 2025.
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Paytm shares price target
According 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 performance
On 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.
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