CE

CESC (CESC) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 30.18% on Pocketful(3.3x leverage)

Fundamentals Snapshot

Mid Cap
CMP
₹170
PE
14.6
ROE
12.6%
ROCE
10.6%
Div Yield
3.54%
P/B
1.80
Mkt Cap
₹22,495 Cr

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

MTF Margin Comparison - CESC

Upstox
30.25%
Margin Required
Leverage3.3x
You Pay3,025
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
30.22%
Margin Required
Leverage3.3x
You Pay3,022
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
30.22%
Margin Required
Leverage3.3x
You Pay3,022
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
30.21%
Margin Required
Leverage3.3x
You Pay3,021
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
30.25%
Margin Required
Leverage3.3x
You Pay3,025
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
BEST
Pocketful
30.18%
Margin Required
Leverage3.3x
You Pay3,018
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
30.22%
Margin Required
Leverage3.3x
You Pay3,022
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
32.00%
Margin Required
Leverage3.1x
You Pay3,200
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
30.60%
Margin Required
Leverage3.3x
You Pay3,060
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

CESC - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin30.25%30.22%30.22%30.21%30.25%30.18%30.22%32.00%30.60%
Leverage3.3x3.3x3.3x3.3x3.3x3.3x3.3x3.1x3.3x
You Pay (per ₹1L)30,25030,22030,22030,21030,25030,18030,22032,00030,600
Broker Funds (per ₹1L)69,75069,78069,78069,79069,75069,82069,78068,00069,400
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

Pocketful offers the best margin of 30.18% for CESC, while Bajaj Broking requires 32.00% - a difference of 1.82 percentage points.

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

Upstox
Your capital30,250
Broker funds69,750
Daily interest35
30-day cost1,046
Annual cost12,729
Zerodha
Your capital30,220
Broker funds69,780
Daily interest28
30-day cost837
Annual cost10,188
Dhan
Your capital30,220
Broker funds69,780
Daily interest24
30-day cost716
Annual cost8,716
Kotak Neo
Your capital30,210
Broker funds69,790
Daily interest19
30-day cost571
Annual cost6,944
Paytm Money
Your capital30,250
Broker funds69,750
Daily interest29
30-day cost859
Annual cost10,456
Pocketful
Your capital30,180
Broker funds69,820
Daily interest11
30-day cost344
Annual cost4,182
Anand Rathi
Your capital30,220
Broker funds69,780
Daily interest29
30-day cost860
Annual cost10,460
Bajaj Broking
Your capital32,000
Broker funds68,000
Daily interest34
30-day cost1,006
Annual cost12,240
Share India
Your capital30,600
Broker funds69,400
Daily interest29
30-day cost855
Annual cost10,403

* 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 CESC with MTF?

If you invest
10,000
Stock value you hold33,135
Pocketful funds23,135
Margin used30.18%
If you invest
50,000
Stock value you hold1,65,673
Pocketful funds1,15,673
Margin used30.18%
If you invest
1,00,000
Stock value you hold3,31,345
Pocketful funds2,31,345
Margin used30.18%

Frequently Asked Questions - CESC MTF

What is the MTF margin for CESC?

Upstox: 30.25%, Zerodha: 30.22%, Dhan: 30.22%, Kotak Neo: 30.21%, Paytm Money: 30.25%, Pocketful: 30.18%, Anand Rathi: 30.22%, Bajaj Broking: 32.00%, Share India: 30.60%. The lowest margin is 30.18% on Pocketful, meaning you only need to pay ₹3018 to buy ₹10,000 worth of CESC shares.

Which broker is cheapest for CESC MTF?

For margin percentage, Pocketful offers the lowest at 30.18% (3.3x 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 CESC 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 CESC on margin?

Yes, CESC (CESC) 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 CESC 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 CESC?

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 CESC?

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 CESC 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 CESC (CESC) Margin Trading

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

Currently, Pocketful offers the best MTF margin of 30.18% for CESC. This means you can buy ₹1,00,000 worth of CESC shares by paying just ₹30,180, with Pocketful funding the remaining ₹69,820.

MTF Interest Rates for CESC - Broker Comparison

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