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Ashok Leyland (ASHOKLEY) - MTF Margin Comparison

Exchange: NSE · Available on 10 brokers · Updated daily

Best MTF Rate: 25.38% on Dhan(3.9x leverage)

Fundamentals Snapshot

AutoLarge Cap
CMP
₹164
PE
25.9
ROE
28.1%
ROCE
13.8%
Div Yield
2.13%
P/B
6.78
Mkt Cap
₹96,537 Cr

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

MTF Margin Comparison - ASHOKLEY

Upstox
32.42%
Margin Required
Leverage3.1x
You Pay3,242
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
27.60%
Margin Required
Leverage3.6x
You Pay2,760
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
27.62%
Margin Required
Leverage3.6x
You Pay2,762
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
BEST
Dhan
25.38%
Margin Required
Leverage3.9x
You Pay2,538
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
25.45%
Margin Required
Leverage3.9x
You Pay2,545
You Get₹10,000
Interest9.69% p.a.
Max HoldNo Time Limit
Paytm Money
30.42%
Margin Required
Leverage3.3x
You Pay3,042
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
31.78%
Margin Required
Leverage3.1x
You Pay3,178
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
32.38%
Margin Required
Leverage3.1x
You Pay3,238
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
26.00%
Margin Required
Leverage3.8x
You Pay2,600
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
31.98%
Margin Required
Leverage3.1x
You Pay3,198
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Ashok Leyland - Complete Broker Comparison

ParameterUpstoxZerodhaGrowwDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin32.42%27.60%27.62%25.38%25.45%30.42%31.78%32.38%26.00%31.98%
Leverage3.1x3.6x3.6x3.9x3.9x3.3x3.1x3.1x3.8x3.1x
You Pay (per ₹1L)32,42027,60027,62025,38025,45030,42031,78032,38026,00031,980
Broker Funds (per ₹1L)67,58072,40072,38074,62074,55069,58068,22067,62074,00068,020
Interest Rate (p.a.)18.25%14.6%14.95%12.49%9.69%14.99%5.99%14.99%18%14.99%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day₹41 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 (flat)₹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 ISINAuto-pledged (included)₹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 (maintain margins)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 limitNo 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 falls below requirementAuto-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

Dhan offers the best margin of 25.38% for ASHOKLEY, while Upstox requires 32.42% - a difference of 7.04 percentage points. This means you save ₹7,040 per ₹1 lakh invested by choosing Dhan.

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

Upstox
Your capital32,420
Broker funds67,580
Daily interest34
30-day cost1,014
Annual cost12,333
Zerodha
Your capital27,600
Broker funds72,400
Daily interest29
30-day cost869
Annual cost10,570
Groww
Your capital27,620
Broker funds72,380
Daily interest30
30-day cost889
Annual cost10,821
Dhan
Your capital25,380
Broker funds74,620
Daily interest26
30-day cost766
Annual cost9,320
Kotak Neo
Your capital25,450
Broker funds74,550
Daily interest20
30-day cost594
Annual cost7,224
Paytm Money
Your capital30,420
Broker funds69,580
Daily interest29
30-day cost857
Annual cost10,430
Pocketful
Your capital31,780
Broker funds68,220
Daily interest11
30-day cost336
Annual cost4,086
Anand Rathi
Your capital32,380
Broker funds67,620
Daily interest28
30-day cost833
Annual cost10,136
Bajaj Broking
Your capital26,000
Broker funds74,000
Daily interest36
30-day cost1,095
Annual cost13,320
Share India
Your capital31,980
Broker funds68,020
Daily interest28
30-day cost838
Annual cost10,196

* 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 ASHOKLEY with MTF?

If you invest
10,000
Stock value you hold39,401
Dhan funds29,401
Margin used25.38%
If you invest
50,000
Stock value you hold1,97,006
Dhan funds1,47,006
Margin used25.38%
If you invest
1,00,000
Stock value you hold3,94,011
Dhan funds2,94,011
Margin used25.38%

Frequently Asked Questions - ASHOKLEY MTF

What is the MTF margin for ASHOKLEY?

Upstox: 32.42%, Zerodha: 27.60%, Groww: 27.62%, Dhan: 25.38%, Kotak Neo: 25.45%, Paytm Money: 30.42%, Pocketful: 31.78%, Anand Rathi: 32.38%, Bajaj Broking: 26.00%, Share India: 31.98%. The lowest margin is 25.38% on Dhan, meaning you only need to pay ₹2537.9999999999995 to buy ₹10,000 worth of Ashok Leyland shares.

Which broker is cheapest for ASHOKLEY MTF?

For margin percentage, Dhan offers the lowest at 25.38% (3.9x 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 ASHOKLEY 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 ASHOKLEY on margin?

Yes, Ashok Leyland (ASHOKLEY) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Groww, 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 ASHOKLEY 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 ASHOKLEY?

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 ASHOKLEY?

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 ASHOKLEY 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.

Auto Sector Peers - MTF Margins

Compare All 2026+ MTF Stocks

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

About Ashok Leyland (ASHOKLEY) Margin Trading

Ashok Leyland (ASHOKLEY) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 10 major Indian brokers: Upstox, Zerodha, Groww, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Bajaj Broking, Share India. MTF allows you to buy ASHOKLEY shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Dhan offers the best MTF margin of 25.38% for ASHOKLEY. This means you can buy ₹1,00,000 worth of Ashok Leyland shares by paying just ₹25,380, with Dhan funding the remaining ₹74,620.

MTF Interest Rates for ASHOKLEY - Broker Comparison

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