NH

Narayana Hrudayalaya (NH) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 29.88% on Dhan(3.3x leverage)

Fundamentals Snapshot

Large Cap
CMP
₹2,003
PE
48.0
ROE
20.9%
ROCE
15.4%
Div Yield
0.22%
P/B
9.02
Mkt Cap
₹40,929 Cr

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

MTF Margin Comparison - NH

Upstox
29.91%
Margin Required
Leverage3.3x
You Pay2,991
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
29.88%
Margin Required
Leverage3.3x
You Pay2,988
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
BEST
Dhan
29.88%
Margin Required
Leverage3.3x
You Pay2,988
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
29.94%
Margin Required
Leverage3.3x
You Pay2,994
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
29.91%
Margin Required
Leverage3.3x
You Pay2,991
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
29.96%
Margin Required
Leverage3.3x
You Pay2,996
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
29.88%
Margin Required
Leverage3.3x
You Pay2,988
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
31.00%
Margin Required
Leverage3.2x
You Pay3,100
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
30.09%
Margin Required
Leverage3.3x
You Pay3,009
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Narayana Hrudayalaya - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin29.91%29.88%29.88%29.94%29.91%29.96%29.88%31.00%30.09%
Leverage3.3x3.3x3.3x3.3x3.3x3.3x3.3x3.2x3.3x
You Pay (per ₹1L)29,91029,88029,88029,94029,91029,96029,88031,00030,090
Broker Funds (per ₹1L)70,09070,12070,12070,06070,09070,04070,12069,00069,910
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

Dhan offers the best margin of 29.88% for NH, while Bajaj Broking requires 31.00% - a difference of 1.12 percentage points.

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

Upstox
Your capital29,910
Broker funds70,090
Daily interest35
30-day cost1,051
Annual cost12,791
Zerodha
Your capital29,880
Broker funds70,120
Daily interest28
30-day cost841
Annual cost10,238
Dhan
Your capital29,880
Broker funds70,120
Daily interest24
30-day cost720
Annual cost8,758
Kotak Neo
Your capital29,940
Broker funds70,060
Daily interest19
30-day cost573
Annual cost6,971
Paytm Money
Your capital29,910
Broker funds70,090
Daily interest29
30-day cost864
Annual cost10,506
Pocketful
Your capital29,960
Broker funds70,040
Daily interest11
30-day cost345
Annual cost4,195
Anand Rathi
Your capital29,880
Broker funds70,120
Daily interest29
30-day cost864
Annual cost10,511
Bajaj Broking
Your capital31,000
Broker funds69,000
Daily interest34
30-day cost1,021
Annual cost12,420
Share India
Your capital30,090
Broker funds69,910
Daily interest29
30-day cost861
Annual cost10,480

* 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 NH with MTF?

If you invest
10,000
Stock value you hold33,467
Dhan funds23,467
Margin used29.88%
If you invest
50,000
Stock value you hold1,67,336
Dhan funds1,17,336
Margin used29.88%
If you invest
1,00,000
Stock value you hold3,34,672
Dhan funds2,34,672
Margin used29.88%

Frequently Asked Questions - NH MTF

What is the MTF margin for NH?

Upstox: 29.91%, Zerodha: 29.88%, Dhan: 29.88%, Kotak Neo: 29.94%, Paytm Money: 29.91%, Pocketful: 29.96%, Anand Rathi: 29.88%, Bajaj Broking: 31.00%, Share India: 30.09%. The lowest margin is 29.88% on Dhan, meaning you only need to pay ₹2987.9999999999995 to buy ₹10,000 worth of Narayana Hrudayalaya shares.

Which broker is cheapest for NH MTF?

For margin percentage, Dhan offers the lowest at 29.88% (3.3x 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 NH 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 NH on margin?

Yes, Narayana Hrudayalaya (NH) 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 NH 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 NH?

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 NH?

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 NH 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 Narayana Hrudayalaya (NH) Margin Trading

Narayana Hrudayalaya (NH) 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 NH shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Dhan offers the best MTF margin of 29.88% for NH. This means you can buy ₹1,00,000 worth of Narayana Hrudayalaya shares by paying just ₹29,880, with Dhan funding the remaining ₹70,120.

MTF Interest Rates for NH - Broker Comparison

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