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Bandhan Bank (BANDHANBNK) — MTF Margin Comparison

Exchange: NSE · Available on 3 brokers · Updated daily

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

MTF Margin Comparison — BANDHANBNK

Upstox
32.42%
Margin Required
Leverage3.1x
You Pay3,242
You Get₹10,000
Interest18.25% p.a.
Max Hold365 days
Zerodha
27.6%
Margin Required
Leverage3.6x
You Pay2,760
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
Not Available
BEST
Dhan
25.38%
Margin Required
Leverage3.9x
You Pay2,538
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

Bandhan Bank — Complete Broker Comparison

ParameterUpstoxZerodhaDhan
MTF Margin32.42%27.6%25.38%
Leverage3.1x3.6x3.9x
You Pay (per ₹1L)32,42027,60025,380
Broker Funds (per ₹1L)67,58072,40074,620
Interest Rate (p.a.)18.25%14.6%12.49%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day₹34.2 per lakh/day (up to ₹5L)
Brokerage0.1% or ₹20/order (whichever is lower)0.3% or ₹20/order (whichever is lower)₹20 per order
Pledge Charges₹20 per stock (one-time)₹15 + GST per ISIN₹30 + GST per ISIN
Max Holding Period365 daysUnlimited (maintain margins daily)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limit₹1 crore (₹20L per stock)
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%

Dhan offers the best margin of 25.38% for BANDHANBNK, while Upstox requires 32.42% — a difference of 7.0 percentage points. This means you save ₹7,040 per ₹1 lakh invested by choosing Dhan.

BANDHANBNK 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
Dhan
Your capital25,380
Broker funds74,620
Daily interest26
30-day cost766
Annual cost9,320

* 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 BANDHANBNK 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 — BANDHANBNK MTF

What is the MTF margin for BANDHANBNK?

Upstox: 32.42%, Zerodha: 27.6%, Dhan: 25.38%. The lowest margin is 25.38% on Dhan, meaning you only need to pay ₹2538 to buy ₹10,000 worth of Bandhan Bank shares.

Which broker is cheapest for BANDHANBNK 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 BANDHANBNK 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 BANDHANBNK on margin?

Yes, Bandhan Bank (BANDHANBNK) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Dhan. 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 BANDHANBNK 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 BANDHANBNK?

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 BANDHANBNK?

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 BANDHANBNK 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 Bandhan Bank (BANDHANBNK) Margin Trading

Bandhan Bank (BANDHANBNK) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 3 major Indian brokers: Upstox, Zerodha, Dhan. MTF allows you to buy BANDHANBNK 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 BANDHANBNK. This means you can buy ₹1,00,000 worth of Bandhan Bank shares by paying just ₹25,380, with Dhan funding the remaining ₹74,620.

MTF Interest Rates for BANDHANBNK — Broker Comparison

The cost of holding BANDHANBNK 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 BANDHANBNK 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 BANDHANBNK 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 1837+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade BANDHANBNK directly through our Scalper Terminal.