MTFTerminalFII/DIIMarketsFunds
CA

Canara Bank (CANBK) — MTF Margin Comparison

Exchange: NSE · Available on 4 brokers · Updated daily

Best MTF Rate: 23.3% on Dhan(4.3x leverage)

MTF Margin Comparison — CANBK

Upstox
30.33%
Margin Required
Leverage3.3x
You Pay₹3,033
You Get₹10,000
Interest18.25% p.a.
Max Hold365 days
Zerodha
25.9%
Margin Required
Leverage3.9x
You Pay₹2,590
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
25.82%
Margin Required
Leverage3.9x
You Pay₹2,582
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
BEST
Dhan
23.3%
Margin Required
Leverage4.3x
You Pay₹2,330
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

Canara Bank — Complete Broker Comparison

ParameterUpstoxZerodhaGrowwDhan
MTF Margin30.33%25.9%25.82%23.3%
Leverage3.3x3.9x3.9x4.3x
You Pay (per ₹1L)₹30,330₹25,900₹25,820₹23,300
Broker Funds (per ₹1L)₹69,670₹74,100₹74,180₹76,700
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)
Brokerage0.1% 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 ISINAuto-pledged (included)₹30 + GST per ISIN
Max Holding Period365 daysUnlimited (maintain margins daily)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limitNo published limit₹1 crore (₹20L per stock)
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%

Dhan offers the best margin of 23.3% for CANBK, while Upstox requires 30.33% — a difference of 7.0 percentage points. This means you save ₹7,030 per ₹1 lakh invested by choosing Dhan.

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

Upstox
Your capital₹30,330
Broker funds₹69,670
Daily interest₹35
30-day cost₹1,045
Annual cost₹12,715
Zerodha
Your capital₹25,900
Broker funds₹74,100
Daily interest₹30
30-day cost₹889
Annual cost₹10,819
Groww
Your capital₹25,820
Broker funds₹74,180
Daily interest₹30
30-day cost₹911
Annual cost₹11,090
Dhan
Your capital₹23,300
Broker funds₹76,700
Daily interest₹26
30-day cost₹787
Annual cost₹9,580

* 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 CANBK with MTF?

If you invest
₹10,000
Stock value you hold₹42,918
Dhan funds₹32,918
Margin used23.3%
If you invest
₹50,000
Stock value you hold₹2,14,592
Dhan funds₹1,64,592
Margin used23.3%
If you invest
₹1,00,000
Stock value you hold₹4,29,185
Dhan funds₹3,29,185
Margin used23.3%

Frequently Asked Questions — CANBK MTF

What is the MTF margin for CANBK?

Upstox: 30.33%, Zerodha: 25.9%, Groww: 25.82%, Dhan: 23.3%. The lowest margin is 23.3% on Dhan, meaning you only need to pay ₹2330 to buy ₹10,000 worth of Canara Bank shares.

Which broker is cheapest for CANBK MTF?

For margin percentage, Dhan offers the lowest at 23.3% (4.3x 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 CANBK 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 CANBK on margin?

Yes, Canara Bank (CANBK) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Groww, Dhan. 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 CANBK 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 CANBK?

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 CANBK?

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 CANBK 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

NITCO
NITCO
50%
BBETF0432
Edelamc - BBeETF0432
26.5%
IIFLCAPS
IIFL Securities
39.74%
GICHSGFIN
GICHSGFIN
29.42%
HAVELLS
Havells India
22%
GARUDA
GARUDA
41.53%

Compare All 1837+ MTF Stocks

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

Browse All StocksMTF Comparison TableTrade CANBK

About Canara Bank (CANBK) Margin Trading

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

Currently, Dhan offers the best MTF margin of 23.3% for CANBK. This means you can buy ₹1,00,000 worth of Canara Bank shares by paying just ₹23,300, with Dhan funding the remaining ₹76,700.

MTF Interest Rates for CANBK — Broker Comparison

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