HI

Hindustan Zinc (HINDZINC) — MTF Margin Comparison

Exchange: NSE · Available on 4 brokers · Updated daily

Best MTF Rate: 29.66% on Groww(3.4x leverage)

MTF Margin Comparison — HINDZINC

Upstox
35%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest18.25% p.a.
Max Hold365 days
Zerodha
29.7%
Margin Required
Leverage3.4x
You Pay2,970
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
BEST
Groww
29.66%
Margin Required
Leverage3.4x
You Pay2,966
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
Dhan
42%
Margin Required
Leverage2.4x
You Pay4,200
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

Hindustan Zinc — Complete Broker Comparison

ParameterUpstoxZerodhaGrowwDhan
MTF Margin35%29.7%29.66%42%
Leverage2.9x3.4x3.4x2.4x
You Pay (per ₹1L)35,00029,70029,66042,000
Broker Funds (per ₹1L)65,00070,30070,34058,000
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%

Groww offers the best margin of 29.66% for HINDZINC, while Dhan requires 42% — a difference of 12.3 percentage points. This means you save ₹12,340 per ₹1 lakh invested by choosing Groww.

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

Upstox
Your capital35,000
Broker funds65,000
Daily interest33
30-day cost975
Annual cost11,863
Zerodha
Your capital29,700
Broker funds70,300
Daily interest28
30-day cost844
Annual cost10,264
Groww
Your capital29,660
Broker funds70,340
Daily interest29
30-day cost864
Annual cost10,516
Dhan
Your capital42,000
Broker funds58,000
Daily interest20
30-day cost595
Annual cost7,244

* 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 HINDZINC with MTF?

If you invest
10,000
Stock value you hold33,715
Groww funds23,715
Margin used29.66%
If you invest
50,000
Stock value you hold1,68,577
Groww funds1,18,577
Margin used29.66%
If you invest
1,00,000
Stock value you hold3,37,154
Groww funds2,37,154
Margin used29.66%

Frequently Asked Questions — HINDZINC MTF

What is the MTF margin for HINDZINC?

Upstox: 35%, Zerodha: 29.7%, Groww: 29.66%, Dhan: 42%. The lowest margin is 29.66% on Groww, meaning you only need to pay ₹2966 to buy ₹10,000 worth of Hindustan Zinc shares.

Which broker is cheapest for HINDZINC MTF?

For margin percentage, Groww offers the lowest at 29.66% (3.4x 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 HINDZINC 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 HINDZINC on margin?

Yes, Hindustan Zinc (HINDZINC) 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 HINDZINC 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 HINDZINC?

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 HINDZINC?

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 HINDZINC 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 Hindustan Zinc (HINDZINC) Margin Trading

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

Currently, Groww offers the best MTF margin of 29.66% for HINDZINC. This means you can buy ₹1,00,000 worth of Hindustan Zinc shares by paying just ₹29,660, with Groww funding the remaining ₹70,340.

MTF Interest Rates for HINDZINC — Broker Comparison

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