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MMTC (MMTC) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 38.04% on Share India(2.6x leverage)

Fundamentals Snapshot

Mid Cap
CMP
₹67.1
PE
101.0
ROE
5.2%
ROCE
8.7%
P/B
4.76
Mkt Cap
₹10,068 Cr

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

MTF Margin Comparison - MMTC

Upstox
38.16%
Margin Required
Leverage2.6x
You Pay3,816
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
38.16%
Margin Required
Leverage2.6x
You Pay3,816
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
38.16%
Margin Required
Leverage2.6x
You Pay3,816
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
40.00%
Margin Required
Leverage2.5x
You Pay4,000
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
38.16%
Margin Required
Leverage2.6x
You Pay3,816
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
38.91%
Margin Required
Leverage2.6x
You Pay3,891
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
38.16%
Margin Required
Leverage2.6x
You Pay3,816
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
39.00%
Margin Required
Leverage2.6x
You Pay3,900
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
BEST
Share India
38.04%
Margin Required
Leverage2.6x
You Pay3,804
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

MMTC - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin38.16%38.16%38.16%40.00%38.16%38.91%38.16%39.00%38.04%
Leverage2.6x2.6x2.6x2.5x2.6x2.6x2.6x2.6x2.6x
You Pay (per ₹1L)38,16038,16038,16040,00038,16038,91038,16039,00038,040
Broker Funds (per ₹1L)61,84061,84061,84060,00061,84061,09061,84061,00061,960
Interest Rate (p.a.)18.25%14.6%12.49%9.95%14.99%5.99%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/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/ordersee 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 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)
Max Borrowing Limit₹25 lakhNo 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 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

Share India offers the best margin of 38.04% for MMTC, while Kotak Neo requires 40.00% - a difference of 1.96 percentage points.

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

Upstox
Your capital38,160
Broker funds61,840
Daily interest31
30-day cost928
Annual cost11,286
Zerodha
Your capital38,160
Broker funds61,840
Daily interest25
30-day cost742
Annual cost9,029
Dhan
Your capital38,160
Broker funds61,840
Daily interest21
30-day cost635
Annual cost7,724
Kotak Neo
Your capital40,000
Broker funds60,000
Daily interest16
30-day cost491
Annual cost5,970
Paytm Money
Your capital38,160
Broker funds61,840
Daily interest25
30-day cost762
Annual cost9,270
Pocketful
Your capital38,910
Broker funds61,090
Daily interest10
30-day cost301
Annual cost3,659
Anand Rathi
Your capital38,160
Broker funds61,840
Daily interest25
30-day cost762
Annual cost9,270
Bajaj Broking
Your capital39,000
Broker funds61,000
Daily interest30
30-day cost902
Annual cost10,980
Share India
Your capital38,040
Broker funds61,960
Daily interest25
30-day cost763
Annual cost9,288

* 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 MMTC with MTF?

If you invest
10,000
Stock value you hold26,288
Share India funds16,288
Margin used38.04%
If you invest
50,000
Stock value you hold1,31,441
Share India funds81,441
Margin used38.04%
If you invest
1,00,000
Stock value you hold2,62,881
Share India funds1,62,881
Margin used38.04%

Frequently Asked Questions - MMTC MTF

What is the MTF margin for MMTC?

Upstox: 38.16%, Zerodha: 38.16%, Dhan: 38.16%, Kotak Neo: 40.00%, Paytm Money: 38.16%, Pocketful: 38.91%, Anand Rathi: 38.16%, Bajaj Broking: 39.00%, Share India: 38.04%. The lowest margin is 38.04% on Share India, meaning you only need to pay ₹3804 to buy ₹10,000 worth of MMTC shares.

Which broker is cheapest for MMTC MTF?

For margin percentage, Share India offers the lowest at 38.04% (2.6x 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 MMTC 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 MMTC on margin?

Yes, MMTC (MMTC) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, 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 MMTC 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 MMTC?

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 MMTC?

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 MMTC 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.

Compare Other MTF Stocks

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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 MMTC (MMTC) Margin Trading

MMTC (MMTC) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 9 major Indian brokers: Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Bajaj Broking, Share India. MTF allows you to buy MMTC shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Share India offers the best MTF margin of 38.04% for MMTC. This means you can buy ₹1,00,000 worth of MMTC shares by paying just ₹38,040, with Share India funding the remaining ₹61,960.

MTF Interest Rates for MMTC - Broker Comparison

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