BH

Bharat Forge (BHARATFORG) - MTF Margin Comparison

Exchange: NSE · Available on 10 brokers · Updated daily

Best MTF Rate: 24.00% on Dhan(4.2x leverage)

Fundamentals Snapshot

Mega Cap
CMP
₹2,137
PE
86.6
ROE
12.5%
ROCE
13.1%
Div Yield
0.40%
P/B
10.69
Mkt Cap
₹1,02,191 Cr

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

MTF Margin Comparison - BHARATFORG

Upstox
30.17%
Margin Required
Leverage3.3x
You Pay3,017
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
25.70%
Margin Required
Leverage3.9x
You Pay2,570
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
BEST
Dhan
24.00%
Margin Required
Leverage4.2x
You Pay2,400
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
25.00%
Margin Required
Leverage4.0x
You Pay2,500
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
24.00%
Margin Required
Leverage4.2x
You Pay2,400
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
30.58%
Margin Required
Leverage3.3x
You Pay3,058
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Fyers
31.25%
Margin Required
Leverage3.2x
You Pay3,125
You Get₹10,000
Interest9.99% p.a.
Max HoldUnlimited
Anand Rathi
30.17%
Margin Required
Leverage3.3x
You Pay3,017
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
24.00%
Margin Required
Leverage4.2x
You Pay2,400
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
30.44%
Margin Required
Leverage3.3x
You Pay3,044
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Bharat Forge - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulFyersAnand RathiBajaj BrokingShare India
MTF Margin30.17%25.70%24.00%25.00%24.00%30.58%31.25%30.17%24.00%30.44%
Leverage3.3x3.9x4.2x4.0x4.2x3.3x3.2x3.3x4.2x3.3x
You Pay (per ₹1L)30,17025,70024,00025,00024,00030,58031,25030,17024,00030,440
Broker Funds (per ₹1L)69,83074,30076,00075,00076,00069,42068,75069,83076,00069,560
Interest Rate (p.a.)18.25%14.6%12.49%9.95%14.99%5.99%9.99%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/day~₹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/order₹20/order or 0.03%see 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 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)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 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 shortfallAuto square-off on margin shortfall

Dhan offers the best margin of 24.00% for BHARATFORG, while Fyers requires 31.25% - a difference of 7.25 percentage points. This means you save ₹7,250 per ₹1 lakh invested by choosing Dhan.

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

Upstox
Your capital30,170
Broker funds69,830
Daily interest35
30-day cost1,047
Annual cost12,744
Zerodha
Your capital25,700
Broker funds74,300
Daily interest30
30-day cost892
Annual cost10,848
Dhan
Your capital24,000
Broker funds76,000
Daily interest26
30-day cost780
Annual cost9,492
Kotak Neo
Your capital25,000
Broker funds75,000
Daily interest20
30-day cost613
Annual cost7,462
Paytm Money
Your capital24,000
Broker funds76,000
Daily interest31
30-day cost936
Annual cost11,392
Pocketful
Your capital30,580
Broker funds69,420
Daily interest11
30-day cost342
Annual cost4,158
Fyers
Your capital31,250
Broker funds68,750
Daily interest19
30-day cost565
Annual cost6,868
Anand Rathi
Your capital30,170
Broker funds69,830
Daily interest29
30-day cost860
Annual cost10,468
Bajaj Broking
Your capital24,000
Broker funds76,000
Daily interest37
30-day cost1,124
Annual cost13,680
Share India
Your capital30,440
Broker funds69,560
Daily interest29
30-day cost857
Annual cost10,427

* 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 BHARATFORG with MTF?

If you invest
10,000
Stock value you hold41,667
Dhan funds31,667
Margin used24.00%
If you invest
50,000
Stock value you hold2,08,333
Dhan funds1,58,333
Margin used24.00%
If you invest
1,00,000
Stock value you hold4,16,667
Dhan funds3,16,667
Margin used24.00%

Frequently Asked Questions - BHARATFORG MTF

What is the MTF margin for BHARATFORG?

Upstox: 30.17%, Zerodha: 25.70%, Dhan: 24.00%, Kotak Neo: 25.00%, Paytm Money: 24.00%, Pocketful: 30.58%, Fyers: 31.25%, Anand Rathi: 30.17%, Bajaj Broking: 24.00%, Share India: 30.44%. The lowest margin is 24.00% on Dhan, meaning you only need to pay ₹2400 to buy ₹10,000 worth of Bharat Forge shares.

Which broker is cheapest for BHARATFORG MTF?

For margin percentage, Dhan offers the lowest at 24.00% (4.2x 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 BHARATFORG 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 BHARATFORG on margin?

Yes, Bharat Forge (BHARATFORG) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Fyers, 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 BHARATFORG 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 BHARATFORG?

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 BHARATFORG?

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 BHARATFORG 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 Forge (BHARATFORG) Margin Trading

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

Currently, Dhan offers the best MTF margin of 24.00% for BHARATFORG. This means you can buy ₹1,00,000 worth of Bharat Forge shares by paying just ₹24,000, with Dhan funding the remaining ₹76,000.

MTF Interest Rates for BHARATFORG - Broker Comparison

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