MR

MRPL (MRPL) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 37.74% on Kotak Neo(2.6x leverage)

Fundamentals Snapshot

EnergyMid Cap
CMP
₹150
PE
13.7
ROE
14.2%
ROCE
17.7%
Div Yield
2.66%
P/B
1.85
Mkt Cap
₹26,322 Cr

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

MTF Margin Comparison - MRPL

Upstox
37.80%
Margin Required
Leverage2.6x
You Pay3,780
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
37.75%
Margin Required
Leverage2.6x
You Pay3,775
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
37.75%
Margin Required
Leverage2.6x
You Pay3,775
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
BEST
Kotak Neo
37.74%
Margin Required
Leverage2.6x
You Pay3,774
You Get₹10,000
Interest9.69% p.a.
Max HoldNo Time Limit
Paytm Money
37.80%
Margin Required
Leverage2.6x
You Pay3,780
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
38.38%
Margin Required
Leverage2.6x
You Pay3,838
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
37.75%
Margin Required
Leverage2.6x
You Pay3,775
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
Share India
38.07%
Margin Required
Leverage2.6x
You Pay3,807
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

MRPL - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin37.80%37.75%37.75%37.74%37.80%38.38%37.75%39.00%38.07%
Leverage2.6x2.6x2.6x2.6x2.6x2.6x2.6x2.6x2.6x
You Pay (per ₹1L)37,80037,75037,75037,74037,80038,38037,75039,00038,070
Broker Funds (per ₹1L)62,20062,25062,25062,26062,20061,62062,25061,00061,930
Interest Rate (p.a.)18.25%14.6%12.49%9.69%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

Kotak Neo offers the best margin of 37.74% for MRPL, while Bajaj Broking requires 39.00% - a difference of 1.26 percentage points.

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

Upstox
Your capital37,800
Broker funds62,200
Daily interest31
30-day cost933
Annual cost11,352
Zerodha
Your capital37,750
Broker funds62,250
Daily interest25
30-day cost747
Annual cost9,089
Dhan
Your capital37,750
Broker funds62,250
Daily interest21
30-day cost639
Annual cost7,775
Kotak Neo
Your capital37,740
Broker funds62,260
Daily interest17
30-day cost496
Annual cost6,033
Paytm Money
Your capital37,800
Broker funds62,200
Daily interest26
30-day cost766
Annual cost9,324
Pocketful
Your capital38,380
Broker funds61,620
Daily interest10
30-day cost303
Annual cost3,691
Anand Rathi
Your capital37,750
Broker funds62,250
Daily interest26
30-day cost767
Annual cost9,331
Bajaj Broking
Your capital39,000
Broker funds61,000
Daily interest30
30-day cost902
Annual cost10,980
Share India
Your capital38,070
Broker funds61,930
Daily interest25
30-day cost763
Annual cost9,283

* 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 MRPL with MTF?

If you invest
10,000
Stock value you hold26,497
Kotak Neo funds16,497
Margin used37.74%
If you invest
50,000
Stock value you hold1,32,485
Kotak Neo funds82,485
Margin used37.74%
If you invest
1,00,000
Stock value you hold2,64,971
Kotak Neo funds1,64,971
Margin used37.74%

Frequently Asked Questions - MRPL MTF

What is the MTF margin for MRPL?

Upstox: 37.80%, Zerodha: 37.75%, Dhan: 37.75%, Kotak Neo: 37.74%, Paytm Money: 37.80%, Pocketful: 38.38%, Anand Rathi: 37.75%, Bajaj Broking: 39.00%, Share India: 38.07%. The lowest margin is 37.74% on Kotak Neo, meaning you only need to pay ₹3774 to buy ₹10,000 worth of MRPL shares.

Which broker is cheapest for MRPL MTF?

For margin percentage, Kotak Neo offers the lowest at 37.74% (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 MRPL 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 MRPL on margin?

Yes, MRPL (MRPL) 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 MRPL 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 MRPL?

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 MRPL?

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 MRPL 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.

Energy Sector Peers - MTF Margins

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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 MRPL (MRPL) Margin Trading

MRPL (MRPL) 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 MRPL 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 37.74% for MRPL. This means you can buy ₹1,00,000 worth of MRPL shares by paying just ₹37,740, with Kotak Neo funding the remaining ₹62,260.

MTF Interest Rates for MRPL - Broker Comparison

The cost of holding MRPL 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 MRPL 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 MRPL 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 2026+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade MRPL directly through our Scalper Terminal.