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Elin Electronics Ltd (ELIN) - MTF Margin Comparison

Exchange: NSE · Available on 4 brokers · Updated daily

Best MTF Rate: 37.48% on Share India(2.7x leverage)

Fundamentals Snapshot

Small Cap
CMP
₹100
PE
21.4
ROE
4.3%
ROCE
6.8%
P/B
0.89
Mkt Cap
₹499 Cr

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

MTF Margin Comparison - ELIN

Dhan
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
100.00%
Margin Required
Leverage1.0x
You Pay10,000
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Pocketful
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
BEST
Share India
37.48%
Margin Required
Leverage2.7x
You Pay3,748
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Elin Electronics Ltd - Complete Broker Comparison

ParameterDhanKotak NeoPocketfulShare India
MTF Margin50.00%100.00%50.00%37.48%
Leverage2.0x1.0x2.0x2.7x
You Pay (per ₹1L)50,0001,00,00050,00037,480
Broker Funds (per ₹1L)50,000050,00062,520
Interest Rate (p.a.)12.49%9.95%5.99%14.99%
Daily Interest Cost₹34.2 per lakh/day (up to ₹5L)~₹27 per lakh/day~₹27 per lakh/daysee broker
Brokerage₹20 per order₹20/order or 0.1%₹20/orderplan-based
Pledge Charges₹30 + GST per ISIN₹20 + GST per ISIN₹20 + GST per ISINper ISIN
Max Holding PeriodUnlimited Holding PeriodNo Time LimitUnlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing Limit₹1 crore (₹20L per stock)No published limitNo published limitNo published limit
Auto Square-OffAuto-liquidation if margin coverage < 20%Auto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfall

Share India offers the best margin of 37.48% for ELIN, while Kotak Neo requires 100.00% - a difference of 62.52 percentage points. This means you save ₹62,520 per ₹1 lakh invested by choosing Share India.

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

Dhan
Your capital50,000
Broker funds50,000
Daily interest17
30-day cost513
Annual cost6,245
Kotak Neo
Your capital1,00,000
Broker funds0
Daily interest0
30-day cost0
Annual cost0
Pocketful
Your capital50,000
Broker funds50,000
Daily interest8
30-day cost246
Annual cost2,995
Share India
Your capital37,480
Broker funds62,520
Daily interest26
30-day cost770
Annual cost9,372

* 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 ELIN with MTF?

If you invest
10,000
Stock value you hold26,681
Share India funds16,681
Margin used37.48%
If you invest
50,000
Stock value you hold1,33,404
Share India funds83,404
Margin used37.48%
If you invest
1,00,000
Stock value you hold2,66,809
Share India funds1,66,809
Margin used37.48%

Frequently Asked Questions - ELIN MTF

What is the MTF margin for ELIN?

Dhan: 50.00%, Kotak Neo: 100.00%, Pocketful: 50.00%, Share India: 37.48%. The lowest margin is 37.48% on Share India, meaning you only need to pay ₹3747.9999999999995 to buy ₹10,000 worth of Elin Electronics Ltd shares.

Which broker is cheapest for ELIN MTF?

For margin percentage, Share India offers the lowest at 37.48% (2.7x 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 ELIN 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 ELIN on margin?

Yes, Elin Electronics Ltd (ELIN) is available for Margin Trading Facility (MTF) on Dhan, Kotak Neo, Pocketful, 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 ELIN 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 ELIN?

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 ELIN?

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 ELIN 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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About Elin Electronics Ltd (ELIN) Margin Trading

Elin Electronics Ltd (ELIN) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 4 major Indian brokers: Dhan, Kotak Neo, Pocketful, Share India. MTF allows you to buy ELIN shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Share India offers the best MTF margin of 37.48% for ELIN. This means you can buy ₹1,00,000 worth of Elin Electronics Ltd shares by paying just ₹37,480, with Share India funding the remaining ₹62,520.

MTF Interest Rates for ELIN - Broker Comparison

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