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Oracle Financial Services (OFSS) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 24.33% on Kotak Neo(4.1x leverage)

Fundamentals Snapshot

Large Cap
CMP
₹11,248
PE
37.1
ROE
32.6%
ROCE
45.3%
Div Yield
3.56%
P/B
12.51
Mkt Cap
₹97,964 Cr

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

MTF Margin Comparison - OFSS

Upstox
31.34%
Margin Required
Leverage3.2x
You Pay3,134
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
26.70%
Margin Required
Leverage3.7x
You Pay2,670
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
24.34%
Margin Required
Leverage4.1x
You Pay2,434
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
BEST
Kotak Neo
24.33%
Margin Required
Leverage4.1x
You Pay2,433
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
24.34%
Margin Required
Leverage4.1x
You Pay2,434
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
31.46%
Margin Required
Leverage3.2x
You Pay3,146
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
31.34%
Margin Required
Leverage3.2x
You Pay3,134
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
25.00%
Margin Required
Leverage4.0x
You Pay2,500
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
31.33%
Margin Required
Leverage3.2x
You Pay3,133
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Oracle Financial Services - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin31.34%26.70%24.34%24.33%24.34%31.46%31.34%25.00%31.33%
Leverage3.2x3.7x4.1x4.1x4.1x3.2x3.2x4.0x3.2x
You Pay (per ₹1L)31,34026,70024,34024,33024,34031,46031,34025,00031,330
Broker Funds (per ₹1L)68,66073,30075,66075,67075,66068,54068,66075,00068,670
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

Kotak Neo offers the best margin of 24.33% for OFSS, while Pocketful requires 31.46% - a difference of 7.13 percentage points. This means you save ₹7,130 per ₹1 lakh invested by choosing Kotak Neo.

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

Upstox
Your capital31,340
Broker funds68,660
Daily interest34
30-day cost1,030
Annual cost12,530
Zerodha
Your capital26,700
Broker funds73,300
Daily interest29
30-day cost880
Annual cost10,702
Dhan
Your capital24,340
Broker funds75,660
Daily interest26
30-day cost777
Annual cost9,450
Kotak Neo
Your capital24,330
Broker funds75,670
Daily interest21
30-day cost619
Annual cost7,529
Paytm Money
Your capital24,340
Broker funds75,660
Daily interest31
30-day cost932
Annual cost11,341
Pocketful
Your capital31,460
Broker funds68,540
Daily interest11
30-day cost337
Annual cost4,106
Anand Rathi
Your capital31,340
Broker funds68,660
Daily interest28
30-day cost846
Annual cost10,292
Bajaj Broking
Your capital25,000
Broker funds75,000
Daily interest37
30-day cost1,110
Annual cost13,500
Share India
Your capital31,330
Broker funds68,670
Daily interest28
30-day cost846
Annual cost10,294

* 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 OFSS with MTF?

If you invest
10,000
Stock value you hold41,102
Kotak Neo funds31,102
Margin used24.33%
If you invest
50,000
Stock value you hold2,05,508
Kotak Neo funds1,55,508
Margin used24.33%
If you invest
1,00,000
Stock value you hold4,11,015
Kotak Neo funds3,11,015
Margin used24.33%

Frequently Asked Questions - OFSS MTF

What is the MTF margin for OFSS?

Upstox: 31.34%, Zerodha: 26.70%, Dhan: 24.34%, Kotak Neo: 24.33%, Paytm Money: 24.34%, Pocketful: 31.46%, Anand Rathi: 31.34%, Bajaj Broking: 25.00%, Share India: 31.33%. The lowest margin is 24.33% on Kotak Neo, meaning you only need to pay ₹2433 to buy ₹10,000 worth of Oracle Financial Services shares.

Which broker is cheapest for OFSS MTF?

For margin percentage, Kotak Neo offers the lowest at 24.33% (4.1x 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 OFSS 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 OFSS on margin?

Yes, Oracle Financial Services (OFSS) 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 OFSS 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 OFSS?

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 OFSS?

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 OFSS 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 Oracle Financial Services (OFSS) Margin Trading

Oracle Financial Services (OFSS) 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 OFSS 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 24.33% for OFSS. This means you can buy ₹1,00,000 worth of Oracle Financial Services shares by paying just ₹24,330, with Kotak Neo funding the remaining ₹75,670.

MTF Interest Rates for OFSS - Broker Comparison

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