HB

HBL Power Systems (HBLENGINE) — MTF Margin Comparison

Exchange: NSE · Available on 3 brokers · Updated daily

Best MTF Rate: 32.73% on Groww(3.1x leverage)

MTF Margin Comparison — HBLENGINE

Upstox
38.45%
Margin Required
Leverage2.6x
You Pay3,845
You Get₹10,000
Interest18.25% p.a.
Max Hold365 days
Zerodha
38.45%
Margin Required
Leverage2.6x
You Pay3,845
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
BEST
Groww
32.73%
Margin Required
Leverage3.1x
You Pay3,273
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
Dhan
Not Available

HBL Power Systems — Complete Broker Comparison

ParameterUpstoxZerodhaGroww
MTF Margin38.45%38.45%32.73%
Leverage2.6x2.6x3.1x
You Pay (per ₹1L)38,45038,45032,730
Broker Funds (per ₹1L)61,55061,55067,270
Interest Rate (p.a.)18.25%14.6%14.95%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day₹41 per lakh/day
Brokerage0.1% or ₹20/order (whichever is lower)0.3% or ₹20/order (whichever is lower)₹20 per order (flat)
Pledge Charges₹20 per stock (one-time)₹15 + GST per ISINAuto-pledged (included)
Max Holding Period365 daysUnlimited (maintain margins daily)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo 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 requirement

Groww offers the best margin of 32.73% for HBLENGINE, while Upstox requires 38.45% — a difference of 5.7 percentage points. This means you save ₹5,720 per ₹1 lakh invested by choosing Groww.

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

Upstox
Your capital38,450
Broker funds61,550
Daily interest31
30-day cost923
Annual cost11,233
Zerodha
Your capital38,450
Broker funds61,550
Daily interest25
30-day cost739
Annual cost8,986
Groww
Your capital32,730
Broker funds67,270
Daily interest28
30-day cost827
Annual cost10,057

* 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 HBLENGINE with MTF?

If you invest
10,000
Stock value you hold30,553
Groww funds20,553
Margin used32.73%
If you invest
50,000
Stock value you hold1,52,765
Groww funds1,02,765
Margin used32.73%
If you invest
1,00,000
Stock value you hold3,05,530
Groww funds2,05,530
Margin used32.73%

Frequently Asked Questions — HBLENGINE MTF

What is the MTF margin for HBLENGINE?

Upstox: 38.45%, Zerodha: 38.45%, Groww: 32.73%. The lowest margin is 32.73% on Groww, meaning you only need to pay ₹3272.9999999999995 to buy ₹10,000 worth of HBL Power Systems shares.

Which broker is cheapest for HBLENGINE MTF?

For margin percentage, Groww offers the lowest at 32.73% (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 HBLENGINE 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 HBLENGINE on margin?

Yes, HBL Power Systems (HBLENGINE) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Groww. 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 HBLENGINE 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 HBLENGINE?

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 HBLENGINE?

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 HBLENGINE 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 HBL Power Systems (HBLENGINE) Margin Trading

HBL Power Systems (HBLENGINE) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 3 major Indian brokers: Upstox, Zerodha, Groww. MTF allows you to buy HBLENGINE shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Groww offers the best MTF margin of 32.73% for HBLENGINE. This means you can buy ₹1,00,000 worth of HBL Power Systems shares by paying just ₹32,730, with Groww funding the remaining ₹67,270.

MTF Interest Rates for HBLENGINE — Broker Comparison

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