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Blue Dart Express (BLUEDART) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 29.29% on Zerodha(3.4x leverage)

Fundamentals Snapshot

Mid Cap
CMP
₹4,852
PE
41.0
ROE
16.8%
ROCE
16.6%
Div Yield
0.52%
P/B
6.48
Mkt Cap
₹11,514 Cr

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

MTF Margin Comparison - BLUEDART

Upstox
29.31%
Margin Required
Leverage3.4x
You Pay2,931
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
BEST
Zerodha
29.29%
Margin Required
Leverage3.4x
You Pay2,929
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
29.29%
Margin Required
Leverage3.4x
You Pay2,929
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
34.97%
Margin Required
Leverage2.9x
You Pay3,497
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
29.31%
Margin Required
Leverage3.4x
You Pay2,931
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
29.65%
Margin Required
Leverage3.4x
You Pay2,965
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
29.29%
Margin Required
Leverage3.4x
You Pay2,929
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
31.00%
Margin Required
Leverage3.2x
You Pay3,100
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
29.76%
Margin Required
Leverage3.4x
You Pay2,976
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Blue Dart Express - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin29.31%29.29%29.29%34.97%29.31%29.65%29.29%31.00%29.76%
Leverage3.4x3.4x3.4x2.9x3.4x3.4x3.4x3.2x3.4x
You Pay (per ₹1L)29,31029,29029,29034,97029,31029,65029,29031,00029,760
Broker Funds (per ₹1L)70,69070,71070,71065,03070,69070,35070,71069,00070,240
Interest Rate (p.a.)18.25%14.6%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₹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₹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 ISIN₹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 Holding PeriodNo Time LimitUnlimited (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 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 shortfall

Zerodha offers the best margin of 29.29% for BLUEDART, while Kotak Neo requires 34.97% - a difference of 5.68 percentage points. This means you save ₹5,680 per ₹1 lakh invested by choosing Zerodha.

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

Upstox
Your capital29,310
Broker funds70,690
Daily interest35
30-day cost1,060
Annual cost12,901
Zerodha
Your capital29,290
Broker funds70,710
Daily interest28
30-day cost849
Annual cost10,324
Dhan
Your capital29,290
Broker funds70,710
Daily interest24
30-day cost726
Annual cost8,832
Kotak Neo
Your capital34,970
Broker funds65,030
Daily interest18
30-day cost532
Annual cost6,470
Paytm Money
Your capital29,310
Broker funds70,690
Daily interest29
30-day cost871
Annual cost10,596
Pocketful
Your capital29,650
Broker funds70,350
Daily interest12
30-day cost346
Annual cost4,214
Anand Rathi
Your capital29,290
Broker funds70,710
Daily interest29
30-day cost871
Annual cost10,599
Bajaj Broking
Your capital31,000
Broker funds69,000
Daily interest34
30-day cost1,021
Annual cost12,420
Share India
Your capital29,760
Broker funds70,240
Daily interest29
30-day cost865
Annual cost10,529

* 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 BLUEDART with MTF?

If you invest
10,000
Stock value you hold34,141
Zerodha funds24,141
Margin used29.29%
If you invest
50,000
Stock value you hold1,70,707
Zerodha funds1,20,707
Margin used29.29%
If you invest
1,00,000
Stock value you hold3,41,413
Zerodha funds2,41,413
Margin used29.29%

Frequently Asked Questions - BLUEDART MTF

What is the MTF margin for BLUEDART?

Upstox: 29.31%, Zerodha: 29.29%, Dhan: 29.29%, Kotak Neo: 34.97%, Paytm Money: 29.31%, Pocketful: 29.65%, Anand Rathi: 29.29%, Bajaj Broking: 31.00%, Share India: 29.76%. The lowest margin is 29.29% on Zerodha, meaning you only need to pay ₹2929 to buy ₹10,000 worth of Blue Dart Express shares.

Which broker is cheapest for BLUEDART MTF?

For margin percentage, Zerodha offers the lowest at 29.29% (3.4x 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 BLUEDART 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 BLUEDART on margin?

Yes, Blue Dart Express (BLUEDART) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, 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 BLUEDART 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 BLUEDART?

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 BLUEDART?

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 BLUEDART 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 Blue Dart Express (BLUEDART) Margin Trading

Blue Dart Express (BLUEDART) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 9 major Indian brokers: Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Bajaj Broking, Share India. MTF allows you to buy BLUEDART shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Zerodha offers the best MTF margin of 29.29% for BLUEDART. This means you can buy ₹1,00,000 worth of Blue Dart Express shares by paying just ₹29,290, with Zerodha funding the remaining ₹70,710.

MTF Interest Rates for BLUEDART - Broker Comparison

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

Star investors who hold BLUEDART

Tracked from public NSE/BSE shareholding disclosures. Tap an investor to see their full portfolio.