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The Jammu & Kashmir Bank Limited (J&KBANK) - MTF Margin Comparison

Exchange: NSE · Available on 10 brokers · Updated daily

Best MTF Rate: 33.39% on Pocketful(3.0x leverage)

Fundamentals Snapshot

Fundamentals updated 14 JulMid Cap
CMP
₹177
PE
8.3
ROE
15.4%
ROCE
5.8%
Div Yield
1.21%
P/B
1.18
Mkt Cap
₹19,540 Cr

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

MTF Margin Comparison - J&KBANK

Upstox
34.60%
Margin Required
Leverage2.9x
You Pay3,460
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
34.60%
Margin Required
Leverage2.9x
You Pay3,460
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
34.60%
Margin Required
Leverage2.9x
You Pay3,460
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
Dhan
34.60%
Margin Required
Leverage2.9x
You Pay3,460
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
34.97%
Margin Required
Leverage2.9x
You Pay3,497
You Get₹10,000
Interest9.69% p.a.
Max HoldNo Time Limit
Paytm Money
35.60%
Margin Required
Leverage2.8x
You Pay3,560
You Get₹10,000
Interest7.99% p.a.
Max HoldUnlimited
BEST
Pocketful
33.39%
Margin Required
Leverage3.0x
You Pay3,339
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
34.60%
Margin Required
Leverage2.9x
You Pay3,460
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
36.00%
Margin Required
Leverage2.8x
You Pay3,600
You Get₹10,000
Interest11.99% p.a.
Max Hold365 days
Share India
33.43%
Margin Required
Leverage3.0x
You Pay3,343
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

The Jammu & Kashmir Bank Limited - Complete Broker Comparison

ParameterUpstoxZerodhaGrowwDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin34.60%34.60%34.60%34.60%34.97%35.60%33.39%34.60%36.00%33.43%
Leverage2.9x2.9x2.9x2.9x2.9x2.8x3.0x2.9x2.8x3.0x
You Pay (per ₹1L)34,60034,60034,60034,60034,97035,60033,39034,60036,00033,430
Broker Funds (per ₹1L)65,40065,40065,40065,40065,03064,40066,61065,40064,00066,570
Interest Rate (p.a.)18.25%14.6%14.95%12.49%9.69%7.99%5.99%14.99%11.99%14.99%
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)~₹27 per lakh/dayslab-based~₹27 per lakh/daysee brokersee brokersee broker
Brokerage0.1% or ₹20/order (whichever is lower)0.3% or Rs. 20/executed order, whichever is lower0.1% per order₹20 per order₹20/order or 0.1%0.1% of trade valueMinimal broker charges, no hidden fees.see planplan-basedplan-based
Pledge Charges₹20 per stock (one-time)₹15 + GST per pledge request₹20 per order₹30 + GST per ISIN₹20 + GST per ISIN₹20/- per Transaction₹20 + GST per ISINper ISINper ISINper ISIN
Max Holding PeriodUnlimitedUnlimited (maintain margins daily)Unlimited (maintain margins)Unlimited Holding PeriodNo Time LimitUnlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)365 daysUnlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limitNo published limit₹1 crore (₹20L per stock)No 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 falls below requirementAuto-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 shortfall

Pocketful offers the best margin of 33.39% for J&KBANK, while Bajaj Broking requires 36.00% - a difference of 2.61 percentage points.

J&KBANK MTF Interest Cost Calculator (per ₹1 Lakh Investment)

Upstox
Your capital34,600
Broker funds65,400
Daily interest33
30-day cost981
Annual cost11,936
Zerodha
Your capital34,600
Broker funds65,400
Daily interest26
30-day cost785
Annual cost9,548
Groww
Your capital34,600
Broker funds65,400
Daily interest27
30-day cost804
Annual cost9,777
Dhan
Your capital34,600
Broker funds65,400
Daily interest22
30-day cost671
Annual cost8,168
Kotak Neo
Your capital34,970
Broker funds65,030
Daily interest17
30-day cost518
Annual cost6,301
Paytm Money
Your capital35,600
Broker funds64,400
Daily interest14
30-day cost423
Annual cost5,146
Pocketful
Your capital33,390
Broker funds66,610
Daily interest11
30-day cost328
Annual cost3,990
Anand Rathi
Your capital34,600
Broker funds65,400
Daily interest27
30-day cost806
Annual cost9,803
Bajaj Broking
Your capital36,000
Broker funds64,000
Daily interest21
30-day cost631
Annual cost7,674
Share India
Your capital33,430
Broker funds66,570
Daily interest27
30-day cost820
Annual cost9,979

* 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 J&KBANK with MTF?

If you invest
10,000
Stock value you hold29,949
Pocketful funds19,949
Margin used33.39%
If you invest
50,000
Stock value you hold1,49,745
Pocketful funds99,745
Margin used33.39%
If you invest
1,00,000
Stock value you hold2,99,491
Pocketful funds1,99,491
Margin used33.39%

Frequently Asked Questions - J&KBANK MTF

What is the MTF margin for J&KBANK?

Upstox: 34.60%, Zerodha: 34.60%, Groww: 34.60%, Dhan: 34.60%, Kotak Neo: 34.97%, Paytm Money: 35.60%, Pocketful: 33.39%, Anand Rathi: 34.60%, Bajaj Broking: 36.00%, Share India: 33.43%. The lowest margin is 33.39% on Pocketful, meaning you only need to pay ₹3339 to buy ₹10,000 worth of The Jammu & Kashmir Bank Limited shares.

Which broker is cheapest for J&KBANK MTF?

For margin percentage, Pocketful offers the lowest at 33.39% (3.0x 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 J&KBANK 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 J&KBANK on margin?

Yes, The Jammu & Kashmir Bank Limited (J&KBANK) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Groww, Dhan, Kotak Neo, Paytm Money, Pocketful, 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 J&KBANK 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 J&KBANK?

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 J&KBANK?

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

About The Jammu & Kashmir Bank Limited (J&KBANK) Margin Trading

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

Currently, Pocketful offers the best MTF margin of 33.39% for J&KBANK. This means you can buy ₹1,00,000 worth of The Jammu & Kashmir Bank Limited shares by paying just ₹33,390, with Pocketful funding the remaining ₹66,610.

MTF Interest Rates for J&KBANK - Broker Comparison

The cost of holding J&KBANK 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 J&KBANK 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 J&KBANK 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 1938+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade J&KBANK directly through our Scalper Terminal.