NE

Nelco (NELCO) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 35.65% on Share India(2.8x leverage)

Fundamentals Snapshot

Small Cap
CMP
₹930
PE
3595.0
ROE
0.5%
ROCE
7.2%
Div Yield
0.11%
P/B
16.46
Mkt Cap
₹2,121 Cr

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

MTF Margin Comparison - NELCO

Upstox
37.05%
Margin Required
Leverage2.7x
You Pay3,705
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
37.00%
Margin Required
Leverage2.7x
You Pay3,700
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
40.00%
Margin Required
Leverage2.5x
You Pay4,000
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
37.04%
Margin Required
Leverage2.7x
You Pay3,704
You Get₹10,000
Interest9.69% p.a.
Max HoldNo Time Limit
Paytm Money
38.00%
Margin Required
Leverage2.6x
You Pay3,800
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
36.41%
Margin Required
Leverage2.7x
You Pay3,641
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
37.00%
Margin Required
Leverage2.7x
You Pay3,700
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
BEST
Share India
35.65%
Margin Required
Leverage2.8x
You Pay3,565
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Nelco - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin37.05%37.00%40.00%37.04%38.00%36.41%37.00%50.00%35.65%
Leverage2.7x2.7x2.5x2.7x2.6x2.7x2.7x2.0x2.8x
You Pay (per ₹1L)37,05037,00040,00037,04038,00036,41037,00050,00035,650
Broker Funds (per ₹1L)62,95063,00060,00062,96062,00063,59063,00050,00064,350
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

Share India offers the best margin of 35.65% for NELCO, while Bajaj Broking requires 50.00% - a difference of 14.35 percentage points. This means you save ₹14,350 per ₹1 lakh invested by choosing Share India.

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

Upstox
Your capital37,050
Broker funds62,950
Daily interest31
30-day cost944
Annual cost11,488
Zerodha
Your capital37,000
Broker funds63,000
Daily interest25
30-day cost756
Annual cost9,198
Dhan
Your capital40,000
Broker funds60,000
Daily interest21
30-day cost616
Annual cost7,494
Kotak Neo
Your capital37,040
Broker funds62,960
Daily interest17
30-day cost501
Annual cost6,101
Paytm Money
Your capital38,000
Broker funds62,000
Daily interest25
30-day cost764
Annual cost9,294
Pocketful
Your capital36,410
Broker funds63,590
Daily interest10
30-day cost313
Annual cost3,809
Anand Rathi
Your capital37,000
Broker funds63,000
Daily interest26
30-day cost776
Annual cost9,444
Bajaj Broking
Your capital50,000
Broker funds50,000
Daily interest25
30-day cost740
Annual cost9,000
Share India
Your capital35,650
Broker funds64,350
Daily interest26
30-day cost793
Annual cost9,646

* 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 NELCO with MTF?

If you invest
10,000
Stock value you hold28,050
Share India funds18,050
Margin used35.65%
If you invest
50,000
Stock value you hold1,40,252
Share India funds90,252
Margin used35.65%
If you invest
1,00,000
Stock value you hold2,80,505
Share India funds1,80,505
Margin used35.65%

Frequently Asked Questions - NELCO MTF

What is the MTF margin for NELCO?

Upstox: 37.05%, Zerodha: 37.00%, Dhan: 40.00%, Kotak Neo: 37.04%, Paytm Money: 38.00%, Pocketful: 36.41%, Anand Rathi: 37.00%, Bajaj Broking: 50.00%, Share India: 35.65%. The lowest margin is 35.65% on Share India, meaning you only need to pay ₹3565 to buy ₹10,000 worth of Nelco shares.

Which broker is cheapest for NELCO MTF?

For margin percentage, Share India offers the lowest at 35.65% (2.8x 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 NELCO 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 NELCO on margin?

Yes, Nelco (NELCO) 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 NELCO 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 NELCO?

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 NELCO?

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

About Nelco (NELCO) Margin Trading

Nelco (NELCO) 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 NELCO 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 35.65% for NELCO. This means you can buy ₹1,00,000 worth of Nelco shares by paying just ₹35,650, with Share India funding the remaining ₹64,350.

MTF Interest Rates for NELCO - Broker Comparison

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