MU

Muthoot Finance (MUTHOOTFIN) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 25.25% on Kotak Neo(4.0x leverage)

Fundamentals Snapshot

NBFCMega Cap
CMP
₹3,055
PE
11.6
ROE
30.9%
ROCE
15.8%
Div Yield
0.98%
P/B
3.13
Mkt Cap
₹1,22,645 Cr

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

MTF Margin Comparison - MUTHOOTFIN

Upstox
32.27%
Margin Required
Leverage3.1x
You Pay3,227
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
27.50%
Margin Required
Leverage3.6x
You Pay2,750
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
25.31%
Margin Required
Leverage4.0x
You Pay2,531
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
BEST
Kotak Neo
25.25%
Margin Required
Leverage4.0x
You Pay2,525
You Get₹10,000
Interest9.69% p.a.
Max HoldNo Time Limit
Paytm Money
25.27%
Margin Required
Leverage4.0x
You Pay2,527
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
32.19%
Margin Required
Leverage3.1x
You Pay3,219
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
32.31%
Margin Required
Leverage3.1x
You Pay3,231
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
26.00%
Margin Required
Leverage3.8x
You Pay2,600
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
32.11%
Margin Required
Leverage3.1x
You Pay3,211
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Muthoot Finance - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin32.27%27.50%25.31%25.25%25.27%32.19%32.31%26.00%32.11%
Leverage3.1x3.6x4.0x4.0x4.0x3.1x3.1x3.8x3.1x
You Pay (per ₹1L)32,27027,50025,31025,25025,27032,19032,31026,00032,110
Broker Funds (per ₹1L)67,73072,50074,69074,75074,73067,81067,69074,00067,890
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 25.25% for MUTHOOTFIN, while Anand Rathi requires 32.31% - a difference of 7.06 percentage points. This means you save ₹7,060 per ₹1 lakh invested by choosing Kotak Neo.

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

Upstox
Your capital32,270
Broker funds67,730
Daily interest34
30-day cost1,016
Annual cost12,361
Zerodha
Your capital27,500
Broker funds72,500
Daily interest29
30-day cost870
Annual cost10,585
Dhan
Your capital25,310
Broker funds74,690
Daily interest26
30-day cost767
Annual cost9,329
Kotak Neo
Your capital25,250
Broker funds74,750
Daily interest20
30-day cost595
Annual cost7,243
Paytm Money
Your capital25,270
Broker funds74,730
Daily interest31
30-day cost921
Annual cost11,202
Pocketful
Your capital32,190
Broker funds67,810
Daily interest11
30-day cost334
Annual cost4,062
Anand Rathi
Your capital32,310
Broker funds67,690
Daily interest28
30-day cost834
Annual cost10,147
Bajaj Broking
Your capital26,000
Broker funds74,000
Daily interest36
30-day cost1,095
Annual cost13,320
Share India
Your capital32,110
Broker funds67,890
Daily interest28
30-day cost836
Annual cost10,177

* 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 MUTHOOTFIN with MTF?

If you invest
10,000
Stock value you hold39,604
Kotak Neo funds29,604
Margin used25.25%
If you invest
50,000
Stock value you hold1,98,020
Kotak Neo funds1,48,020
Margin used25.25%
If you invest
1,00,000
Stock value you hold3,96,040
Kotak Neo funds2,96,040
Margin used25.25%

Frequently Asked Questions - MUTHOOTFIN MTF

What is the MTF margin for MUTHOOTFIN?

Upstox: 32.27%, Zerodha: 27.50%, Dhan: 25.31%, Kotak Neo: 25.25%, Paytm Money: 25.27%, Pocketful: 32.19%, Anand Rathi: 32.31%, Bajaj Broking: 26.00%, Share India: 32.11%. The lowest margin is 25.25% on Kotak Neo, meaning you only need to pay ₹2525 to buy ₹10,000 worth of Muthoot Finance shares.

Which broker is cheapest for MUTHOOTFIN MTF?

For margin percentage, Kotak Neo offers the lowest at 25.25% (4.0x 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 MUTHOOTFIN 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 MUTHOOTFIN on margin?

Yes, Muthoot Finance (MUTHOOTFIN) 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 MUTHOOTFIN 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 MUTHOOTFIN?

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 MUTHOOTFIN?

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 MUTHOOTFIN 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.

NBFC Sector Peers - MTF Margins

Compare All 2026+ MTF Stocks

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

About Muthoot Finance (MUTHOOTFIN) Margin Trading

Muthoot Finance (MUTHOOTFIN) 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 MUTHOOTFIN 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 25.25% for MUTHOOTFIN. This means you can buy ₹1,00,000 worth of Muthoot Finance shares by paying just ₹25,250, with Kotak Neo funding the remaining ₹74,750.

MTF Interest Rates for MUTHOOTFIN - Broker Comparison

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