BS

BSE (BSE) - MTF Margin Comparison

Exchange: NSE · Available on 10 brokers · Updated daily

Best MTF Rate: 29.43% on Paytm Money(3.4x leverage)

Fundamentals Snapshot

Mega Cap
CMP
₹3,817
PE
62.6
ROE
44.8%
ROCE
58.0%
Div Yield
0.26%
P/B
23.27
Mkt Cap
₹1,55,450 Cr

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

MTF Margin Comparison - BSE

Upstox
36.43%
Margin Required
Leverage2.7x
You Pay3,643
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
31.00%
Margin Required
Leverage3.2x
You Pay3,100
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
31.03%
Margin Required
Leverage3.2x
You Pay3,103
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
Dhan
30.00%
Margin Required
Leverage3.3x
You Pay3,000
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
Interest9.69% p.a.
Max HoldNo Time Limit
BEST
Paytm Money
29.43%
Margin Required
Leverage3.4x
You Pay2,943
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
37.68%
Margin Required
Leverage2.7x
You Pay3,768
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
36.38%
Margin Required
Leverage2.7x
You Pay3,638
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
33.00%
Margin Required
Leverage3.0x
You Pay3,300
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
37.02%
Margin Required
Leverage2.7x
You Pay3,702
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

BSE - Complete Broker Comparison

ParameterUpstoxZerodhaGrowwDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin36.43%31.00%31.03%30.00%30.03%29.43%37.68%36.38%33.00%37.02%
Leverage2.7x3.2x3.2x3.3x3.3x3.4x2.7x2.7x3.0x2.7x
You Pay (per ₹1L)36,43031,00031,03030,00030,03029,43037,68036,38033,00037,020
Broker Funds (per ₹1L)63,57069,00068,97070,00069,97070,57062,32063,62067,00062,980
Interest Rate (p.a.)18.25%14.6%14.95%12.49%9.69%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

Paytm Money offers the best margin of 29.43% for BSE, while Pocketful requires 37.68% - a difference of 8.25 percentage points. This means you save ₹8,250 per ₹1 lakh invested by choosing Paytm Money.

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

Upstox
Your capital36,430
Broker funds63,570
Daily interest32
30-day cost954
Annual cost11,602
Zerodha
Your capital31,000
Broker funds69,000
Daily interest28
30-day cost828
Annual cost10,074
Groww
Your capital31,030
Broker funds68,970
Daily interest28
30-day cost847
Annual cost10,311
Dhan
Your capital30,000
Broker funds70,000
Daily interest24
30-day cost719
Annual cost8,743
Kotak Neo
Your capital30,030
Broker funds69,970
Daily interest19
30-day cost557
Annual cost6,780
Paytm Money
Your capital29,430
Broker funds70,570
Daily interest29
30-day cost869
Annual cost10,578
Pocketful
Your capital37,680
Broker funds62,320
Daily interest10
30-day cost307
Annual cost3,733
Anand Rathi
Your capital36,380
Broker funds63,620
Daily interest26
30-day cost784
Annual cost9,537
Bajaj Broking
Your capital33,000
Broker funds67,000
Daily interest33
30-day cost991
Annual cost12,060
Share India
Your capital37,020
Broker funds62,980
Daily interest26
30-day cost776
Annual cost9,441

* 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 BSE with MTF?

If you invest
10,000
Stock value you hold33,979
Paytm Money funds23,979
Margin used29.43%
If you invest
50,000
Stock value you hold1,69,895
Paytm Money funds1,19,895
Margin used29.43%
If you invest
1,00,000
Stock value you hold3,39,789
Paytm Money funds2,39,789
Margin used29.43%

Frequently Asked Questions - BSE MTF

What is the MTF margin for BSE?

Upstox: 36.43%, Zerodha: 31.00%, Groww: 31.03%, Dhan: 30.00%, Kotak Neo: 30.03%, Paytm Money: 29.43%, Pocketful: 37.68%, Anand Rathi: 36.38%, Bajaj Broking: 33.00%, Share India: 37.02%. The lowest margin is 29.43% on Paytm Money, meaning you only need to pay ₹2943 to buy ₹10,000 worth of BSE shares.

Which broker is cheapest for BSE MTF?

For margin percentage, Paytm Money offers the lowest at 29.43% (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 BSE 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 BSE on margin?

Yes, BSE (BSE) 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 BSE 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 BSE?

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 BSE?

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 BSE 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.

Compare Other MTF Stocks

Compare All 2026+ MTF Stocks

Find the broker with the lowest margin requirement for every stock. Updated daily with real data from Upstox, Zerodha, Groww & Dhan.

About BSE (BSE) Margin Trading

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

Currently, Paytm Money offers the best MTF margin of 29.43% for BSE. This means you can buy ₹1,00,000 worth of BSE shares by paying just ₹29,430, with Paytm Money funding the remaining ₹70,570.

MTF Interest Rates for BSE - Broker Comparison

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

Star investors who hold BSE

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