Zerodha MTF: 14.6% p.a. interest, 1,490 eligible stocks
Zerodha charges 0.04%/day (~14.6% p.a.) on the funded portion of an MTF position, accrued daily. Their list currently carries 1,490 stocks, with margin requirements starting at 20% (median 33.2%).
Stock list last read 15 Aug, 09:00 IST from Zerodha’s published data.
Zerodha MTF rate card
| Interest rate | 0.04%/day (~14.6% p.a.) |
| Daily cost | ₹40 per lakh/day |
| Brokerage | 0.3% or ₹20/order (whichever is lower) |
| Pledge charges | ₹15 + GST per ISIN |
| Max holding period | Unlimited (maintain margins daily) |
| Max leverage | Up to 4x (stock-dependent) |
| Square-off rule | Auto square-off if margin falls below minimum |
From Zerodha’s published schedule, last verified 2026-03-24. Rates change; confirm on Zerodha’s site before trading.
What the interest actually costs
Simple interest at 14.6% p.a. on the funded amount, before GST where applicable. For contrast, the lowest verified rate we track is Dhan at 12.49% p.a.
| Holding period | ₹1 lakh funded | ₹5 lakh funded | vs Dhan (₹5L) |
|---|---|---|---|
| 30 days | ₹1,200 | ₹6,000 | ₹867 more |
| 90 days | ₹3,600 | ₹18,000 | ₹2,601 more |
| 180 days | ₹7,200 | ₹36,000 | ₹5,203 more |
Lowest-margin stocks on Zerodha’s MTF list
The ten stocks where Zerodha asks the least upfront. A 20% margin means ₹20,000 buys ₹1,00,000 of exposure.
| Stock | Margin required | Effective leverage |
|---|---|---|
| ALPHA | 20% | 5.0x |
| ALPHAETF | 20% | 5.0x |
| ALPL30IETF | 20% | 5.0x |
| BSLNIFTY | 20% | 5.0x |
| HDFCMID150 | 20% | 5.0x |
| HDFCNEXT50 | 20% | 5.0x |
| HDFCNIFTY | 20% | 5.0x |
| HDFCSML250 | 20% | 5.0x |
| JUNIORBEES | 20% | 5.0x |
| LOWVOL1 | 20% | 5.0x |
Margins are Zerodha’s own published per-stock requirements, refreshed daily. Full list with every broker side by side: MTF comparison table.
How Zerodha compares
| Broker | MTF interest (p.a.) | Stocks on list |
|---|---|---|
| Dhan | 12.49% | 1,615 |
| Zerodha | 14.6% | 1,490 |
| Groww | 14.95% | 1,552 |
| Angel One | 14.99% | not tracked |
| Upstox | 18.25% | 1,428 |
| Kotak Neo | not verified | 1,671 |
| Paytm Money | not verified | 1,467 |
| Pocketful | not verified | 1,413 |
| Fyers | not verified | 746 |
| Anand Rathi | not verified | 1,557 |
| Bajaj Broking | not verified | 944 |
| Share India | not verified | 1,650 |
“Not verified” means we have not checked that broker’s headline rate against their schedule and will not guess it. “Stocks on list” is measured from each broker’s own published MTF list.
How Zerodha’s list has moved
We started recording Zerodha’s daily list size and margin profile on 15 August 2026; the day-by-day table appears here as the record accrues. Brokers publish only today’s list, so this running history exists only on this page.
Frequently asked questions
What is the MTF interest rate in Zerodha?
Zerodha charges 0.04%/day (~14.6% p.a.), which works out to about ₹40 per lakh/day. On a ₹1 lakh funded amount held 30 days that is roughly ₹1,200 in interest, before GST where applicable. Rate as published on Zerodha's schedule, last verified 2026-03-24.
What are Zerodha's MTF charges per day?
₹40 per lakh/day. Interest accrues daily on the funded portion of the position and is charged as long as the position is held. Brokerage of 0.3% or ₹20/order (whichever is lower) applies on the trades themselves, and pledge charges are ₹15 + GST per ISIN.
How long can I hold MTF shares with Zerodha?
Unlimited (maintain margins daily). Auto square-off if margin falls below minimum.
How many stocks are on the Zerodha MTF list?
1,490 stocks as of our latest daily read of Zerodha's published list. The lowest margin requirement on the list is 20% and the median is 33.2%, meaning at best you pay 20% of the position value upfront.
Is GST charged on MTF interest?
It depends on the broker: some levy 18% GST on the interest component, others absorb it. The interest figures on this page are before GST. Check the contract note of an actual MTF position for the definitive treatment at your broker.
Keep going
- Live MTF comparison - every broker’s margin on every stock, side by side
- Brokerage calculator - the full cost of the trades themselves
- Broker charges compared - delivery, intraday, F&O and AMC in one table
Educational comparison of published broker schedules, not investment advice. MTF is leverage: interest accrues daily whether the position works or not.