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IndiaMART InterMESH (INDIAMART) — MTF Margin Comparison

Exchange: NSE · Available on 3 brokers · Updated daily

Best MTF Rate: 29.02% on Dhan(3.4x leverage)

MTF Margin Comparison — INDIAMART

Upstox
29.04%
Margin Required
Leverage3.4x
You Pay2,904
You Get₹10,000
Interest18.25% p.a.
Max Hold365 days
Zerodha
29.04%
Margin Required
Leverage3.4x
You Pay2,904
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
Not Available
BEST
Dhan
29.02%
Margin Required
Leverage3.4x
You Pay2,902
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

IndiaMART InterMESH — Complete Broker Comparison

ParameterUpstoxZerodhaDhan
MTF Margin29.04%29.04%29.02%
Leverage3.4x3.4x3.4x
You Pay (per ₹1L)29,04029,04029,020
Broker Funds (per ₹1L)70,96070,96070,980
Interest Rate (p.a.)18.25%14.6%12.49%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 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
Pledge Charges₹20 per stock (one-time)₹15 + GST per ISIN₹30 + GST per ISIN
Max Holding Period365 daysUnlimited (maintain margins daily)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo 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 coverage < 20%

Dhan offers the best margin of 29.02% for INDIAMART, while Upstox requires 29.04% — a difference of 0.0 percentage points.

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

Upstox
Your capital29,040
Broker funds70,960
Daily interest35
30-day cost1,064
Annual cost12,950
Zerodha
Your capital29,040
Broker funds70,960
Daily interest28
30-day cost852
Annual cost10,360
Dhan
Your capital29,020
Broker funds70,980
Daily interest24
30-day cost729
Annual cost8,865

* 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 INDIAMART with MTF?

If you invest
10,000
Stock value you hold34,459
Dhan funds24,459
Margin used29.02%
If you invest
50,000
Stock value you hold1,72,295
Dhan funds1,22,295
Margin used29.02%
If you invest
1,00,000
Stock value you hold3,44,590
Dhan funds2,44,590
Margin used29.02%

Frequently Asked Questions — INDIAMART MTF

What is the MTF margin for INDIAMART?

Upstox: 29.04%, Zerodha: 29.04%, Dhan: 29.02%. The lowest margin is 29.02% on Dhan, meaning you only need to pay ₹2902 to buy ₹10,000 worth of IndiaMART InterMESH shares.

Which broker is cheapest for INDIAMART MTF?

For margin percentage, Dhan offers the lowest at 29.02% (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 INDIAMART 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 INDIAMART on margin?

Yes, IndiaMART InterMESH (INDIAMART) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, 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 INDIAMART 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 INDIAMART?

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 INDIAMART?

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 INDIAMART 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 IndiaMART InterMESH (INDIAMART) Margin Trading

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

Currently, Dhan offers the best MTF margin of 29.02% for INDIAMART. This means you can buy ₹1,00,000 worth of IndiaMART InterMESH shares by paying just ₹29,020, with Dhan funding the remaining ₹70,980.

MTF Interest Rates for INDIAMART — Broker Comparison

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