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Bharat Dynamics (BDL) - MTF Margin Comparison

Exchange: NSE · Available on 10 brokers · Updated daily

Best MTF Rate: 27.72% on Dhan(3.6x leverage)

MTF Margin Comparison - BDL

Upstox
34.72%
Margin Required
Leverage2.9x
You Pay3,472
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
29.60%
Margin Required
Leverage3.4x
You Pay2,960
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
29.62%
Margin Required
Leverage3.4x
You Pay2,962
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
BEST
Dhan
27.72%
Margin Required
Leverage3.6x
You Pay2,772
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
30.03%
Margin Required
Leverage3.3x
You Pay3,003
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
28.72%
Margin Required
Leverage3.5x
You Pay2,872
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
35.28%
Margin Required
Leverage2.8x
You Pay3,528
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
34.72%
Margin Required
Leverage2.9x
You Pay3,472
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
29.00%
Margin Required
Leverage3.4x
You Pay2,900
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
35.03%
Margin Required
Leverage2.9x
You Pay3,503
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Bharat Dynamics - Complete Broker Comparison

ParameterUpstoxZerodhaGrowwDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin34.72%29.60%29.62%27.72%30.03%28.72%35.28%34.72%29.00%35.03%
Leverage2.9x3.4x3.4x3.6x3.3x3.5x2.8x2.9x3.4x2.9x
You Pay (per ₹1L)34,72029,60029,62027,72030,03028,72035,28034,72029,00035,030
Broker Funds (per ₹1L)65,28070,40070,38072,28069,97071,28064,72065,28071,00064,970
Interest Rate (p.a.)18.25%14.6%14.95%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₹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 27.72% for BDL, while Pocketful requires 35.28% - a difference of 7.56 percentage points. This means you save ₹7,560 per ₹1 lakh invested by choosing Dhan.

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

Upstox
Your capital34,720
Broker funds65,280
Daily interest33
30-day cost979
Annual cost11,914
Zerodha
Your capital29,600
Broker funds70,400
Daily interest28
30-day cost845
Annual cost10,278
Groww
Your capital29,620
Broker funds70,380
Daily interest29
30-day cost865
Annual cost10,522
Dhan
Your capital27,720
Broker funds72,280
Daily interest25
30-day cost742
Annual cost9,028
Kotak Neo
Your capital30,030
Broker funds69,970
Daily interest19
30-day cost572
Annual cost6,962
Paytm Money
Your capital28,720
Broker funds71,280
Daily interest29
30-day cost878
Annual cost10,685
Pocketful
Your capital35,280
Broker funds64,720
Daily interest11
30-day cost319
Annual cost3,877
Anand Rathi
Your capital34,720
Broker funds65,280
Daily interest27
30-day cost804
Annual cost9,785
Bajaj Broking
Your capital29,000
Broker funds71,000
Daily interest35
30-day cost1,050
Annual cost12,780
Share India
Your capital35,030
Broker funds64,970
Daily interest27
30-day cost800
Annual cost9,739

* 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 BDL with MTF?

If you invest
10,000
Stock value you hold36,075
Dhan funds26,075
Margin used27.72%
If you invest
50,000
Stock value you hold1,80,375
Dhan funds1,30,375
Margin used27.72%
If you invest
1,00,000
Stock value you hold3,60,750
Dhan funds2,60,750
Margin used27.72%

Frequently Asked Questions - BDL MTF

What is the MTF margin for BDL?

Upstox: 34.72%, Zerodha: 29.60%, Groww: 29.62%, Dhan: 27.72%, Kotak Neo: 30.03%, Paytm Money: 28.72%, Pocketful: 35.28%, Anand Rathi: 34.72%, Bajaj Broking: 29.00%, Share India: 35.03%. The lowest margin is 27.72% on Dhan, meaning you only need to pay ₹2772 to buy ₹10,000 worth of Bharat Dynamics shares.

Which broker is cheapest for BDL MTF?

For margin percentage, Dhan offers the lowest at 27.72% (3.6x 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 BDL 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 BDL on margin?

Yes, Bharat Dynamics (BDL) 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 BDL 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 BDL?

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 BDL?

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 BDL 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 Bharat Dynamics (BDL) Margin Trading

Bharat Dynamics (BDL) 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 BDL shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Dhan offers the best MTF margin of 27.72% for BDL. This means you can buy ₹1,00,000 worth of Bharat Dynamics shares by paying just ₹27,720, with Dhan funding the remaining ₹72,280.

MTF Interest Rates for BDL - Broker Comparison

The cost of holding BDL 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 BDL 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 BDL 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 2027+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade BDL directly through our Scalper Terminal.