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Maharashtra Scooters (MAHSCOOTER) - MTF Margin Comparison

Exchange: NSE · Available on 8 brokers · Updated daily

Best MTF Rate: 31.11% on Zerodha(3.2x leverage)

MTF Margin Comparison - MAHSCOOTER

Upstox
35.00%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
BEST
Zerodha
31.11%
Margin Required
Leverage3.2x
You Pay3,111
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
31.11%
Margin Required
Leverage3.2x
You Pay3,111
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
100.00%
Margin Required
Leverage1.0x
You Pay10,000
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
31.11%
Margin Required
Leverage3.2x
You Pay3,111
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
31.31%
Margin Required
Leverage3.2x
You Pay3,131
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
31.11%
Margin Required
Leverage3.2x
You Pay3,111
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Share India
31.62%
Margin Required
Leverage3.2x
You Pay3,162
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Maharashtra Scooters - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiShare India
MTF Margin35.00%31.11%31.11%100.00%31.11%31.31%31.11%31.62%
Leverage2.9x3.2x3.2x1.0x3.2x3.2x3.2x3.2x
You Pay (per ₹1L)35,00031,11031,1101,00,00031,11031,31031,11031,620
Broker Funds (per ₹1L)65,00068,89068,890068,89068,69068,89068,380
Interest Rate (p.a.)18.25%14.6%12.49%9.95%14.99%5.99%14.99%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/daysee 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/ordersee planplan-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 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)
Max Borrowing Limit₹25 lakhNo published limit₹1 crore (₹20L per stock)No 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 shortfall

Zerodha offers the best margin of 31.11% for MAHSCOOTER, while Kotak Neo requires 100.00% - a difference of 68.89 percentage points. This means you save ₹68,890 per ₹1 lakh invested by choosing Zerodha.

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

Upstox
Your capital35,000
Broker funds65,000
Daily interest33
30-day cost975
Annual cost11,863
Zerodha
Your capital31,110
Broker funds68,890
Daily interest28
30-day cost827
Annual cost10,058
Dhan
Your capital31,110
Broker funds68,890
Daily interest24
30-day cost707
Annual cost8,604
Kotak Neo
Your capital1,00,000
Broker funds0
Daily interest0
30-day cost0
Annual cost0
Paytm Money
Your capital31,110
Broker funds68,890
Daily interest28
30-day cost849
Annual cost10,327
Pocketful
Your capital31,310
Broker funds68,690
Daily interest11
30-day cost338
Annual cost4,115
Anand Rathi
Your capital31,110
Broker funds68,890
Daily interest28
30-day cost849
Annual cost10,327
Share India
Your capital31,620
Broker funds68,380
Daily interest28
30-day cost842
Annual cost10,250

* 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 MAHSCOOTER with MTF?

If you invest
10,000
Stock value you hold32,144
Zerodha funds22,144
Margin used31.11%
If you invest
50,000
Stock value you hold1,60,720
Zerodha funds1,10,720
Margin used31.11%
If you invest
1,00,000
Stock value you hold3,21,440
Zerodha funds2,21,440
Margin used31.11%

Frequently Asked Questions - MAHSCOOTER MTF

What is the MTF margin for MAHSCOOTER?

Upstox: 35.00%, Zerodha: 31.11%, Dhan: 31.11%, Kotak Neo: 100.00%, Paytm Money: 31.11%, Pocketful: 31.31%, Anand Rathi: 31.11%, Share India: 31.62%. The lowest margin is 31.11% on Zerodha, meaning you only need to pay ₹3111 to buy ₹10,000 worth of Maharashtra Scooters shares.

Which broker is cheapest for MAHSCOOTER MTF?

For margin percentage, Zerodha offers the lowest at 31.11% (3.2x 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 MAHSCOOTER 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 MAHSCOOTER on margin?

Yes, Maharashtra Scooters (MAHSCOOTER) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, 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 MAHSCOOTER 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 MAHSCOOTER?

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 MAHSCOOTER?

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 MAHSCOOTER 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 Maharashtra Scooters (MAHSCOOTER) Margin Trading

Maharashtra Scooters (MAHSCOOTER) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 8 major Indian brokers: Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Share India. MTF allows you to buy MAHSCOOTER shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Zerodha offers the best MTF margin of 31.11% for MAHSCOOTER. This means you can buy ₹1,00,000 worth of Maharashtra Scooters shares by paying just ₹31,110, with Zerodha funding the remaining ₹68,890.

MTF Interest Rates for MAHSCOOTER - Broker Comparison

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