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KECL (KECL) — MTF Margin Comparison

Exchange: NSE · Available on 2 brokers · Updated daily

Best MTF Rate: 36.4% on Zerodha(2.7x leverage)

MTF Margin Comparison — KECL

Upstox
Not Available
BEST
Zerodha
36.4%
Margin Required
Leverage2.7x
You Pay3,640
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
Not Available
Dhan
50%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

KECL — Complete Broker Comparison

ParameterZerodhaDhan
MTF Margin36.4%50%
Leverage2.7x2.0x
You Pay (per ₹1L)36,40050,000
Broker Funds (per ₹1L)63,60050,000
Interest Rate (p.a.)14.6%12.49%
Daily Interest Cost₹40 per lakh/day₹34.2 per lakh/day (up to ₹5L)
Brokerage0.3% or ₹20/order (whichever is lower)₹20 per order
Pledge Charges₹15 + GST per ISIN₹30 + GST per ISIN
Max Holding PeriodUnlimited (maintain margins daily)Unlimited (maintain margins)
Max Borrowing LimitNo published limit₹1 crore (₹20L per stock)
Auto Square-OffAuto square-off if margin falls below minimumAuto-liquidation if margin coverage < 20%

Zerodha offers the best margin of 36.4% for KECL, while Dhan requires 50% — a difference of 13.6 percentage points. This means you save ₹13,600 per ₹1 lakh invested by choosing Zerodha.

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

Zerodha
Your capital36,400
Broker funds63,600
Daily interest25
30-day cost763
Annual cost9,286
Dhan
Your capital50,000
Broker funds50,000
Daily interest17
30-day cost513
Annual cost6,245

* 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 KECL with MTF?

If you invest
10,000
Stock value you hold27,473
Zerodha funds17,473
Margin used36.4%
If you invest
50,000
Stock value you hold1,37,363
Zerodha funds87,363
Margin used36.4%
If you invest
1,00,000
Stock value you hold2,74,725
Zerodha funds1,74,725
Margin used36.4%

Frequently Asked Questions — KECL MTF

What is the MTF margin for KECL?

Zerodha: 36.4%, Dhan: 50%. The lowest margin is 36.4% on Zerodha, meaning you only need to pay ₹3640 to buy ₹10,000 worth of KECL shares.

Which broker is cheapest for KECL MTF?

For margin percentage, Zerodha offers the lowest at 36.4% (2.7x 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 KECL 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 KECL on margin?

Yes, KECL (KECL) is available for Margin Trading Facility (MTF) on 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 KECL 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 KECL?

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 KECL?

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 KECL 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 KECL (KECL) Margin Trading

KECL (KECL) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 2 major Indian brokers: Zerodha, Dhan. MTF allows you to buy KECL shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Zerodha offers the best MTF margin of 36.4% for KECL. This means you can buy ₹1,00,000 worth of KECL shares by paying just ₹36,400, with Zerodha funding the remaining ₹63,600.

MTF Interest Rates for KECL — Broker Comparison

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