IR

IRB Infrastructure Developers (IRB) - MTF Margin Comparison

Exchange: NSE · Available on 10 brokers · Updated daily

Best MTF Rate: 30.67% on Kotak Neo(3.3x leverage)

Fundamentals Snapshot

InfrastructureMid Cap
CMP
₹21.3
PE
29.2
ROE
4.3%
ROCE
7.5%
Div Yield
0.73%
P/B
1.23
Mkt Cap
₹25,726 Cr

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

MTF Margin Comparison - IRB

Upstox
30.70%
Margin Required
Leverage3.3x
You Pay3,070
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
30.70%
Margin Required
Leverage3.3x
You Pay3,070
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
30.70%
Margin Required
Leverage3.3x
You Pay3,070
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
BEST
Kotak Neo
30.67%
Margin Required
Leverage3.3x
You Pay3,067
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
30.70%
Margin Required
Leverage3.3x
You Pay3,070
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
30.96%
Margin Required
Leverage3.2x
You Pay3,096
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Fyers
31.25%
Margin Required
Leverage3.2x
You Pay3,125
You Get₹10,000
Interest9.99% p.a.
Max HoldUnlimited
Anand Rathi
30.70%
Margin Required
Leverage3.3x
You Pay3,070
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
31.21%
Margin Required
Leverage3.2x
You Pay3,121
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

IRB Infrastructure Developers - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulFyersAnand RathiBajaj BrokingShare India
MTF Margin30.70%30.70%30.70%30.67%30.70%30.96%31.25%30.70%50.00%31.21%
Leverage3.3x3.3x3.3x3.3x3.3x3.2x3.2x3.3x2.0x3.2x
You Pay (per ₹1L)30,70030,70030,70030,67030,70030,96031,25030,70050,00031,210
Broker Funds (per ₹1L)69,30069,30069,30069,33069,30069,04068,75069,30050,00068,790
Interest Rate (p.a.)18.25%14.6%12.49%9.95%14.99%5.99%9.99%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/day~₹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/order₹20/order or 0.03%see 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 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)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 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 shortfallAuto square-off on margin shortfall

Kotak Neo offers the best margin of 30.67% for IRB, while Bajaj Broking requires 50.00% - a difference of 19.33 percentage points. This means you save ₹19,330 per ₹1 lakh invested by choosing Kotak Neo.

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

Upstox
Your capital30,700
Broker funds69,300
Daily interest35
30-day cost1,040
Annual cost12,647
Zerodha
Your capital30,700
Broker funds69,300
Daily interest28
30-day cost832
Annual cost10,118
Dhan
Your capital30,700
Broker funds69,300
Daily interest24
30-day cost711
Annual cost8,656
Kotak Neo
Your capital30,670
Broker funds69,330
Daily interest19
30-day cost567
Annual cost6,898
Paytm Money
Your capital30,700
Broker funds69,300
Daily interest28
30-day cost854
Annual cost10,388
Pocketful
Your capital30,960
Broker funds69,040
Daily interest11
30-day cost340
Annual cost4,135
Fyers
Your capital31,250
Broker funds68,750
Daily interest19
30-day cost565
Annual cost6,868
Anand Rathi
Your capital30,700
Broker funds69,300
Daily interest28
30-day cost854
Annual cost10,388
Bajaj Broking
Your capital50,000
Broker funds50,000
Daily interest25
30-day cost740
Annual cost9,000
Share India
Your capital31,210
Broker funds68,790
Daily interest28
30-day cost848
Annual cost10,312

* 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 IRB with MTF?

If you invest
10,000
Stock value you hold32,605
Kotak Neo funds22,605
Margin used30.67%
If you invest
50,000
Stock value you hold1,63,026
Kotak Neo funds1,13,026
Margin used30.67%
If you invest
1,00,000
Stock value you hold3,26,052
Kotak Neo funds2,26,052
Margin used30.67%

Frequently Asked Questions - IRB MTF

What is the MTF margin for IRB?

Upstox: 30.70%, Zerodha: 30.70%, Dhan: 30.70%, Kotak Neo: 30.67%, Paytm Money: 30.70%, Pocketful: 30.96%, Fyers: 31.25%, Anand Rathi: 30.70%, Bajaj Broking: 50.00%, Share India: 31.21%. The lowest margin is 30.67% on Kotak Neo, meaning you only need to pay ₹3067 to buy ₹10,000 worth of IRB Infrastructure Developers shares.

Which broker is cheapest for IRB MTF?

For margin percentage, Kotak Neo offers the lowest at 30.67% (3.3x 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 IRB 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 IRB on margin?

Yes, IRB Infrastructure Developers (IRB) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Fyers, 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 IRB 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 IRB?

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 IRB?

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 IRB 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.

Infrastructure Sector Peers - MTF Margins

Compare All 2027+ MTF Stocks

Find the broker with the lowest margin requirement for every stock. Updated daily with real data from Upstox, Zerodha, Groww & Dhan.

About IRB Infrastructure Developers (IRB) Margin Trading

IRB Infrastructure Developers (IRB) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 10 major Indian brokers: Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Fyers, Anand Rathi, Bajaj Broking, Share India. MTF allows you to buy IRB shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Kotak Neo offers the best MTF margin of 30.67% for IRB. This means you can buy ₹1,00,000 worth of IRB Infrastructure Developers shares by paying just ₹30,670, with Kotak Neo funding the remaining ₹69,330.

MTF Interest Rates for IRB - Broker Comparison

The cost of holding IRB 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 IRB 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 IRB 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 2027+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade IRB directly through our Scalper Terminal.