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Arman Fin Serv (ARMANFIN) - MTF Margin Comparison

Exchange: NSE · Available on 7 brokers · Updated daily

Best MTF Rate: 34.59% on Pocketful(2.9x leverage)

Fundamentals Snapshot

Small Cap
CMP
₹1,744
PE
32.4
ROE
6.3%
ROCE
11.7%
P/B
1.96
Mkt Cap
₹1,835 Cr

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

MTF Margin Comparison - ARMANFIN

Upstox
35.39%
Margin Required
Leverage2.8x
You Pay3,539
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
35.35%
Margin Required
Leverage2.8x
You Pay3,535
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
40.00%
Margin Required
Leverage2.5x
You Pay4,000
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
BEST
Pocketful
34.59%
Margin Required
Leverage2.9x
You Pay3,459
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
35.35%
Margin Required
Leverage2.8x
You Pay3,535
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Share India
35.98%
Margin Required
Leverage2.8x
You Pay3,598
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Arman Fin Serv - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPocketfulAnand RathiShare India
MTF Margin35.39%35.35%50.00%40.00%34.59%35.35%35.98%
Leverage2.8x2.8x2.0x2.5x2.9x2.8x2.8x
You Pay (per ₹1L)35,39035,35050,00040,00034,59035,35035,980
Broker Funds (per ₹1L)64,61064,65050,00060,00065,41064,65064,020
Interest Rate (p.a.)18.25%14.6%12.49%9.95%5.99%14.99%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/day~₹27 per lakh/daysee 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/ordersee planplan-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 ISINper ISINper ISIN
Max Holding PeriodUnlimitedUnlimited (maintain margins daily)Unlimited Holding PeriodNo Time LimitUnlimited (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 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 shortfall

Pocketful offers the best margin of 34.59% for ARMANFIN, while Dhan requires 50.00% - a difference of 15.41 percentage points. This means you save ₹15,410 per ₹1 lakh invested by choosing Pocketful.

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

Upstox
Your capital35,390
Broker funds64,610
Daily interest32
30-day cost969
Annual cost11,791
Zerodha
Your capital35,350
Broker funds64,650
Daily interest26
30-day cost776
Annual cost9,439
Dhan
Your capital50,000
Broker funds50,000
Daily interest17
30-day cost513
Annual cost6,245
Kotak Neo
Your capital40,000
Broker funds60,000
Daily interest16
30-day cost491
Annual cost5,970
Pocketful
Your capital34,590
Broker funds65,410
Daily interest11
30-day cost322
Annual cost3,918
Anand Rathi
Your capital35,350
Broker funds64,650
Daily interest27
30-day cost797
Annual cost9,691
Share India
Your capital35,980
Broker funds64,020
Daily interest26
30-day cost789
Annual cost9,597

* 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 ARMANFIN with MTF?

If you invest
10,000
Stock value you hold28,910
Pocketful funds18,910
Margin used34.59%
If you invest
50,000
Stock value you hold1,44,550
Pocketful funds94,550
Margin used34.59%
If you invest
1,00,000
Stock value you hold2,89,101
Pocketful funds1,89,101
Margin used34.59%

Frequently Asked Questions - ARMANFIN MTF

What is the MTF margin for ARMANFIN?

Upstox: 35.39%, Zerodha: 35.35%, Dhan: 50.00%, Kotak Neo: 40.00%, Pocketful: 34.59%, Anand Rathi: 35.35%, Share India: 35.98%. The lowest margin is 34.59% on Pocketful, meaning you only need to pay ₹3459.0000000000005 to buy ₹10,000 worth of Arman Fin Serv shares.

Which broker is cheapest for ARMANFIN MTF?

For margin percentage, Pocketful offers the lowest at 34.59% (2.9x 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 ARMANFIN 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 ARMANFIN on margin?

Yes, Arman Fin Serv (ARMANFIN) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Dhan, Kotak Neo, Pocketful, Anand Rathi, 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 ARMANFIN 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 ARMANFIN?

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 ARMANFIN?

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 ARMANFIN 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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About Arman Fin Serv (ARMANFIN) Margin Trading

Arman Fin Serv (ARMANFIN) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 7 major Indian brokers: Upstox, Zerodha, Dhan, Kotak Neo, Pocketful, Anand Rathi, Share India. MTF allows you to buy ARMANFIN shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Pocketful offers the best MTF margin of 34.59% for ARMANFIN. This means you can buy ₹1,00,000 worth of Arman Fin Serv shares by paying just ₹34,590, with Pocketful funding the remaining ₹65,410.

MTF Interest Rates for ARMANFIN - Broker Comparison

The cost of holding ARMANFIN 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 ARMANFIN 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 ARMANFIN 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 ARMANFIN directly through our Scalper Terminal.