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IndusInd Bank (INDUSINDBK) — MTF Margin Comparison

Exchange: NSE · Available on 3 brokers · Updated daily

Best MTF Rate: 24.98% on Dhan(4.0x leverage)

MTF Margin Comparison — INDUSINDBK

Upstox
32.01%
Margin Required
Leverage3.1x
You Pay3,201
You Get₹10,000
Interest18.25% p.a.
Max Hold365 days
Zerodha
27.3%
Margin Required
Leverage3.7x
You Pay2,730
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
Not Available
BEST
Dhan
24.98%
Margin Required
Leverage4.0x
You Pay2,498
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

IndusInd Bank — Complete Broker Comparison

ParameterUpstoxZerodhaDhan
MTF Margin32.01%27.3%24.98%
Leverage3.1x3.7x4.0x
You Pay (per ₹1L)32,01027,30024,980
Broker Funds (per ₹1L)67,99072,70075,020
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 24.98% for INDUSINDBK, while Upstox requires 32.01% — a difference of 7.0 percentage points. This means you save ₹7,030 per ₹1 lakh invested by choosing Dhan.

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

Upstox
Your capital32,010
Broker funds67,990
Daily interest34
30-day cost1,020
Annual cost12,408
Zerodha
Your capital27,300
Broker funds72,700
Daily interest29
30-day cost872
Annual cost10,614
Dhan
Your capital24,980
Broker funds75,020
Daily interest26
30-day cost770
Annual cost9,370

* 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 INDUSINDBK with MTF?

If you invest
10,000
Stock value you hold40,032
Dhan funds30,032
Margin used24.98%
If you invest
50,000
Stock value you hold2,00,160
Dhan funds1,50,160
Margin used24.98%
If you invest
1,00,000
Stock value you hold4,00,320
Dhan funds3,00,320
Margin used24.98%

Frequently Asked Questions — INDUSINDBK MTF

What is the MTF margin for INDUSINDBK?

Upstox: 32.01%, Zerodha: 27.3%, Dhan: 24.98%. The lowest margin is 24.98% on Dhan, meaning you only need to pay ₹2498 to buy ₹10,000 worth of IndusInd Bank shares.

Which broker is cheapest for INDUSINDBK MTF?

For margin percentage, Dhan offers the lowest at 24.98% (4.0x 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 INDUSINDBK 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 INDUSINDBK on margin?

Yes, IndusInd Bank (INDUSINDBK) 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 INDUSINDBK 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 INDUSINDBK?

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 INDUSINDBK?

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 INDUSINDBK 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 IndusInd Bank (INDUSINDBK) Margin Trading

IndusInd Bank (INDUSINDBK) 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 INDUSINDBK shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Dhan offers the best MTF margin of 24.98% for INDUSINDBK. This means you can buy ₹1,00,000 worth of IndusInd Bank shares by paying just ₹24,980, with Dhan funding the remaining ₹75,020.

MTF Interest Rates for INDUSINDBK — Broker Comparison

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