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APL Apollo Tubes (APLAPOLLO) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 21.93% on Kotak Neo(4.6x leverage)

Fundamentals Snapshot

Large Cap
CMP
₹1,788
PE
41.3
ROE
25.3%
ROCE
31.6%
Div Yield
0.32%
P/B
9.36
Mkt Cap
₹49,645 Cr

Fundamentals from the Downstox Value Screener (Nifty 500 universe, updated daily). Not investment advice.

MTF Margin Comparison - APLAPOLLO

Upstox
28.93%
Margin Required
Leverage3.5x
You Pay2,893
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
24.60%
Margin Required
Leverage4.1x
You Pay2,460
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
23.00%
Margin Required
Leverage4.3x
You Pay2,300
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
BEST
Kotak Neo
21.93%
Margin Required
Leverage4.6x
You Pay2,193
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
22.00%
Margin Required
Leverage4.5x
You Pay2,200
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
29.57%
Margin Required
Leverage3.4x
You Pay2,957
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
28.90%
Margin Required
Leverage3.5x
You Pay2,890
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
23.00%
Margin Required
Leverage4.3x
You Pay2,300
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
29.35%
Margin Required
Leverage3.4x
You Pay2,935
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

APL Apollo Tubes - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin28.93%24.60%23.00%21.93%22.00%29.57%28.90%23.00%29.35%
Leverage3.5x4.1x4.3x4.6x4.5x3.4x3.5x4.3x3.4x
You Pay (per ₹1L)28,93024,60023,00021,93022,00029,57028,90023,00029,350
Broker Funds (per ₹1L)71,07075,40077,00078,07078,00070,43071,10077,00070,650
Interest Rate (p.a.)18.25%14.6%12.49%9.95%14.99%5.99%14.99%18%14.99%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day₹34.2 per lakh/day (up to ₹5L)~₹27 per lakh/dayslab-based~₹27 per lakh/daysee brokersee brokersee broker
Brokerage0.1% or ₹20/order (whichever is lower)0.3% or Rs. 20/executed order, whichever is lower₹20 per order₹20/order or 0.1%₹20/order or 0.05%₹20/ordersee planplan-basedplan-based
Pledge Charges₹20 per stock (one-time)₹15 + GST per pledge and unpledge request per ISIN₹30 + GST per ISIN₹20 + GST per ISIN₹20 + GST per ISIN₹20 + GST per ISINper ISINper ISINper ISIN
Max Holding PeriodUnlimitedUnlimited (maintain margins daily)Unlimited Holding PeriodNo Time LimitUnlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limit₹1 crore (₹20L per stock)No published limitNo published limitNo published limitNo published limitNo published limitNo published limit
Auto Square-OffAuto square-off if margin shortfall not met by T+4Auto square-off if margin falls below minimumAuto-liquidation if margin coverage < 20%Auto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfall

Kotak Neo offers the best margin of 21.93% for APLAPOLLO, while Pocketful requires 29.57% - a difference of 7.64 percentage points. This means you save ₹7,640 per ₹1 lakh invested by choosing Kotak Neo.

APLAPOLLO MTF Interest Cost Calculator (per ₹1 Lakh Investment)

Upstox
Your capital28,930
Broker funds71,070
Daily interest36
30-day cost1,066
Annual cost12,970
Zerodha
Your capital24,600
Broker funds75,400
Daily interest30
30-day cost905
Annual cost11,008
Dhan
Your capital23,000
Broker funds77,000
Daily interest26
30-day cost790
Annual cost9,617
Kotak Neo
Your capital21,930
Broker funds78,070
Daily interest21
30-day cost638
Annual cost7,768
Paytm Money
Your capital22,000
Broker funds78,000
Daily interest32
30-day cost961
Annual cost11,692
Pocketful
Your capital29,570
Broker funds70,430
Daily interest12
30-day cost347
Annual cost4,219
Anand Rathi
Your capital28,900
Broker funds71,100
Daily interest29
30-day cost876
Annual cost10,658
Bajaj Broking
Your capital23,000
Broker funds77,000
Daily interest38
30-day cost1,139
Annual cost13,860
Share India
Your capital29,350
Broker funds70,650
Daily interest29
30-day cost870
Annual cost10,590

* Interest calculated on broker-funded amount only. Actual cost depends on daily closing balance. Rates may vary - verify with your broker.

How Much Can You Invest in APLAPOLLO with MTF?

If you invest
10,000
Stock value you hold45,600
Kotak Neo funds35,600
Margin used21.93%
If you invest
50,000
Stock value you hold2,27,998
Kotak Neo funds1,77,998
Margin used21.93%
If you invest
1,00,000
Stock value you hold4,55,996
Kotak Neo funds3,55,996
Margin used21.93%

Frequently Asked Questions - APLAPOLLO MTF

What is the MTF margin for APLAPOLLO?

Upstox: 28.93%, Zerodha: 24.60%, Dhan: 23.00%, Kotak Neo: 21.93%, Paytm Money: 22.00%, Pocketful: 29.57%, Anand Rathi: 28.90%, Bajaj Broking: 23.00%, Share India: 29.35%. The lowest margin is 21.93% on Kotak Neo, meaning you only need to pay ₹2193 to buy ₹10,000 worth of APL Apollo Tubes shares.

Which broker is cheapest for APLAPOLLO MTF?

For margin percentage, Kotak Neo offers the lowest at 21.93% (4.6x leverage). However, for interest cost, Dhan starts at 12.49% p.a., Zerodha charges ~14.6% p.a., Groww charges 14.95% p.a., and Upstox charges ~18.25% p.a. The total cost depends on both margin percentage and interest rate - compare both before choosing.

What interest rate do brokers charge on APLAPOLLO MTF?

Dhan: 12.49% p.a. (lowest, tiered up to 16.49%). Zerodha: ~14.6% p.a. (₹40 per lakh/day). Groww: 14.95% p.a. (₹41 per lakh/day). Upstox: ~18.25% p.a. (₹20 per ₹40K slab/day). Interest accrues from T+1 on the broker-funded amount until you sell.

Can I buy APLAPOLLO on margin?

Yes, APL Apollo Tubes (APLAPOLLO) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Bajaj Broking, Share India. MTF allows you to buy shares by paying only a fraction of the total value. The broker funds the rest and charges daily interest on the funded amount.

How long can I hold APLAPOLLO on MTF?

Upstox: maximum 365 days. Zerodha, Groww, and Dhan: unlimited holding period as long as you maintain the required margins daily. If your margin falls below the minimum, the broker will auto-liquidate your position.

What are the pledge charges for APLAPOLLO?

Upstox: ₹20 per stock (one-time). Zerodha: ₹15 + GST per ISIN. Dhan: ₹30 + GST per ISIN. Groww: auto-pledged (included in the process). Pledge charges are per ISIN, not per trade - you pay once regardless of quantity.

What happens if margin falls below minimum for APLAPOLLO?

All brokers will auto-liquidate your MTF position if margin maintenance is not met. Upstox gives until T+4 to top up. Zerodha and Groww require same-day/next-day top-up. Dhan auto-liquidates if coverage falls below 20%. Always maintain adequate margins to avoid forced sell-off.

What is the maximum borrowing limit for APLAPOLLO MTF?

Dhan: up to ₹1 crore total (₹20 lakh per stock). Upstox: up to ₹25 lakh total. Zerodha and Groww: no published maximum limit. Actual leverage depends on the stock's margin requirement set by the exchange.

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Find the broker with the lowest margin requirement for every stock. Updated daily with real data from Upstox, Zerodha, Groww & Dhan.

About APL Apollo Tubes (APLAPOLLO) Margin Trading

APL Apollo Tubes (APLAPOLLO) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 9 major Indian brokers: Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Bajaj Broking, Share India. MTF allows you to buy APLAPOLLO shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Kotak Neo offers the best MTF margin of 21.93% for APLAPOLLO. This means you can buy ₹1,00,000 worth of APL Apollo Tubes shares by paying just ₹21,930, with Kotak Neo funding the remaining ₹78,070.

MTF Interest Rates for APLAPOLLO - Broker Comparison

The cost of holding APLAPOLLO on MTF depends primarily on the interest rate charged by your broker on the funded amount. Dhan offers the lowest starting rate at 12.49% p.a. (₹34.2 per lakh/day), followed by Zerodha at ~14.6% p.a., Groww at 14.95% p.a., and Upstox at ~18.25% p.a.

When choosing a broker for APLAPOLLO MTF, consider both the margin percentage (which determines how much capital you need) and the interest rate (which determines your holding cost). A broker with a slightly higher margin but lower interest rate may be cheaper overall for longer holding periods.

Holding Period & Square-Off Rules

Upstox allows holding APLAPOLLO on MTF for up to 365 days. Zerodha, Groww, and Dhan offer unlimited holding as long as you maintain the required margins daily. If your margin falls below the minimum, all brokers will automatically square off your position. Upstox gives a buffer until T+4, while Dhan auto-liquidates when coverage falls below 20%.

Pledge & Brokerage Charges

MTF trades are settled via pledge mechanism - your shares are pledged to the broker as collateral. Pledge charges: Upstox ₹20/stock, Zerodha ₹15+GST/ISIN, Dhan ₹30+GST/ISIN, Groww auto-pledges at no extra charge. Brokerage: Zerodha charges 0.3% or ₹20 (whichever is lower), Upstox 0.1% or ₹20, Groww and Dhan charge ₹20 flat per order.

Looking for more stocks? Browse our complete MTF stocks directory with 2026+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade APLAPOLLO directly through our Scalper Terminal.