FI

Finolex Cables (FINCABLES) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 32.54% on Pocketful(3.1x leverage)

Fundamentals Snapshot

Mid Cap
CMP
₹1,100
PE
23.6
ROE
12.3%
ROCE
16.0%
Div Yield
0.73%
P/B
2.76
Mkt Cap
₹16,825 Cr

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

MTF Margin Comparison - FINCABLES

Upstox
34.55%
Margin Required
Leverage2.9x
You Pay3,455
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
34.55%
Margin Required
Leverage2.9x
You Pay3,455
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
34.55%
Margin Required
Leverage2.9x
You Pay3,455
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
34.60%
Margin Required
Leverage2.9x
You Pay3,460
You Get₹10,000
Interest9.69% p.a.
Max HoldNo Time Limit
Paytm Money
35.00%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
BEST
Pocketful
32.54%
Margin Required
Leverage3.1x
You Pay3,254
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
34.55%
Margin Required
Leverage2.9x
You Pay3,455
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
35.00%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
34.47%
Margin Required
Leverage2.9x
You Pay3,447
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Finolex Cables - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin34.55%34.55%34.55%34.60%35.00%32.54%34.55%35.00%34.47%
Leverage2.9x2.9x2.9x2.9x2.9x3.1x2.9x2.9x2.9x
You Pay (per ₹1L)34,55034,55034,55034,60035,00032,54034,55035,00034,470
Broker Funds (per ₹1L)65,45065,45065,45065,40065,00067,46065,45065,00065,530
Interest Rate (p.a.)18.25%14.6%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₹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 32.54% for FINCABLES, while Paytm Money requires 35.00% - a difference of 2.46 percentage points.

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

Upstox
Your capital34,550
Broker funds65,450
Daily interest33
30-day cost982
Annual cost11,945
Zerodha
Your capital34,550
Broker funds65,450
Daily interest26
30-day cost785
Annual cost9,556
Dhan
Your capital34,550
Broker funds65,450
Daily interest22
30-day cost672
Annual cost8,175
Kotak Neo
Your capital34,600
Broker funds65,400
Daily interest17
30-day cost521
Annual cost6,337
Paytm Money
Your capital35,000
Broker funds65,000
Daily interest27
30-day cost801
Annual cost9,744
Pocketful
Your capital32,540
Broker funds67,460
Daily interest11
30-day cost332
Annual cost4,041
Anand Rathi
Your capital34,550
Broker funds65,450
Daily interest27
30-day cost806
Annual cost9,811
Bajaj Broking
Your capital35,000
Broker funds65,000
Daily interest32
30-day cost962
Annual cost11,700
Share India
Your capital34,470
Broker funds65,530
Daily interest27
30-day cost807
Annual cost9,823

* 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 FINCABLES with MTF?

If you invest
10,000
Stock value you hold30,731
Pocketful funds20,731
Margin used32.54%
If you invest
50,000
Stock value you hold1,53,657
Pocketful funds1,03,657
Margin used32.54%
If you invest
1,00,000
Stock value you hold3,07,314
Pocketful funds2,07,314
Margin used32.54%

Frequently Asked Questions - FINCABLES MTF

What is the MTF margin for FINCABLES?

Upstox: 34.55%, Zerodha: 34.55%, Dhan: 34.55%, Kotak Neo: 34.60%, Paytm Money: 35.00%, Pocketful: 32.54%, Anand Rathi: 34.55%, Bajaj Broking: 35.00%, Share India: 34.47%. The lowest margin is 32.54% on Pocketful, meaning you only need to pay ₹3254 to buy ₹10,000 worth of Finolex Cables shares.

Which broker is cheapest for FINCABLES MTF?

For margin percentage, Pocketful offers the lowest at 32.54% (3.1x 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 FINCABLES 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 FINCABLES on margin?

Yes, Finolex Cables (FINCABLES) 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 FINCABLES 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 FINCABLES?

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 FINCABLES?

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 FINCABLES 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 Finolex Cables (FINCABLES) Margin Trading

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

Currently, Pocketful offers the best MTF margin of 32.54% for FINCABLES. This means you can buy ₹1,00,000 worth of Finolex Cables shares by paying just ₹32,540, with Pocketful funding the remaining ₹67,460.

MTF Interest Rates for FINCABLES - Broker Comparison

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