BHEL (BHEL) — MTF Margin Comparison
Exchange: NSE · Available on 4 brokers · Updated daily
MTF Margin Comparison — BHEL
BHEL — Complete Broker Comparison
| Parameter | Upstox | Zerodha | Groww | Dhan |
|---|---|---|---|---|
| MTF Margin | 33.2% | 28.3% | 28.26% | 26.17% |
| Leverage | 3.0x | 3.5x | 3.5x | 3.8x |
| You Pay (per ₹1L) | ₹33,200 | ₹28,300 | ₹28,260 | ₹26,170 |
| Broker Funds (per ₹1L) | ₹66,800 | ₹71,700 | ₹71,740 | ₹73,830 |
| Interest Rate (p.a.) | 18.25% | 14.6% | 14.95% | 12.49% |
| 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) |
| Brokerage | 0.1% or ₹20/order (whichever is lower) | 0.3% or ₹20/order (whichever is lower) | ₹20 per order (flat) | ₹20 per order |
| Pledge Charges | ₹20 per stock (one-time) | ₹15 + GST per ISIN | Auto-pledged (included) | ₹30 + GST per ISIN |
| Max Holding Period | 365 days | Unlimited (maintain margins daily) | Unlimited (maintain margins) | Unlimited (maintain margins) |
| Max Borrowing Limit | ₹25 lakh | No published limit | No published limit | ₹1 crore (₹20L per stock) |
| Auto Square-Off | Auto square-off if margin shortfall not met by T+4 | Auto square-off if margin falls below minimum | Auto-liquidation if margin falls below requirement | Auto-liquidation if margin coverage < 20% |
Dhan offers the best margin of 26.17% for BHEL, while Upstox requires 33.2% — a difference of 7.0 percentage points. This means you save ₹7,030 per ₹1 lakh invested by choosing Dhan.
BHEL MTF Interest Cost Calculator (per ₹1 Lakh Investment)
* 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 BHEL with MTF?
Frequently Asked Questions — BHEL MTF
What is the MTF margin for BHEL?
Which broker is cheapest for BHEL MTF?
What interest rate do brokers charge on BHEL MTF?
Can I buy BHEL on margin?
How long can I hold BHEL on MTF?
What are the pledge charges for BHEL?
What happens if margin falls below minimum for BHEL?
What is the maximum borrowing limit for BHEL MTF?
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About BHEL (BHEL) Margin Trading
BHEL (BHEL) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 4 major Indian brokers: Upstox, Zerodha, Groww, Dhan. MTF allows you to buy BHEL shares by paying only a fraction of the total value, with the broker financing the rest.
Currently, Dhan offers the best MTF margin of 26.17% for BHEL. This means you can buy ₹1,00,000 worth of BHEL shares by paying just ₹26,170, with Dhan funding the remaining ₹73,830.
MTF Interest Rates for BHEL — Broker Comparison
The cost of holding BHEL 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 BHEL 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 BHEL 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 BHEL directly through our Scalper Terminal.