PC

PCBL (PCBL) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 35.64% on Zerodha(2.8x leverage)

Fundamentals Snapshot

Mid Cap
CMP
₹321
PE
58.9
ROE
5.6%
ROCE
7.8%
Div Yield
1.87%
P/B
3.15
Mkt Cap
₹12,644 Cr

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

MTF Margin Comparison - PCBL

Upstox
35.69%
Margin Required
Leverage2.8x
You Pay3,569
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
BEST
Zerodha
35.64%
Margin Required
Leverage2.8x
You Pay3,564
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
35.64%
Margin Required
Leverage2.8x
You Pay3,564
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
35.71%
Margin Required
Leverage2.8x
You Pay3,571
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
35.69%
Margin Required
Leverage2.8x
You Pay3,569
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
36.36%
Margin Required
Leverage2.8x
You Pay3,636
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
35.64%
Margin Required
Leverage2.8x
You Pay3,564
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
37.00%
Margin Required
Leverage2.7x
You Pay3,700
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
36.30%
Margin Required
Leverage2.8x
You Pay3,630
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

PCBL - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin35.69%35.64%35.64%35.71%35.69%36.36%35.64%37.00%36.30%
Leverage2.8x2.8x2.8x2.8x2.8x2.8x2.8x2.7x2.8x
You Pay (per ₹1L)35,69035,64035,64035,71035,69036,36035,64037,00036,300
Broker Funds (per ₹1L)64,31064,36064,36064,29064,31063,64064,36063,00063,700
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

Zerodha offers the best margin of 35.64% for PCBL, while Bajaj Broking requires 37.00% - a difference of 1.36 percentage points.

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

Upstox
Your capital35,690
Broker funds64,310
Daily interest32
30-day cost965
Annual cost11,737
Zerodha
Your capital35,640
Broker funds64,360
Daily interest26
30-day cost772
Annual cost9,397
Dhan
Your capital35,640
Broker funds64,360
Daily interest22
30-day cost661
Annual cost8,039
Kotak Neo
Your capital35,710
Broker funds64,290
Daily interest18
30-day cost526
Annual cost6,397
Paytm Money
Your capital35,690
Broker funds64,310
Daily interest26
30-day cost792
Annual cost9,640
Pocketful
Your capital36,360
Broker funds63,640
Daily interest10
30-day cost313
Annual cost3,812
Anand Rathi
Your capital35,640
Broker funds64,360
Daily interest26
30-day cost793
Annual cost9,648
Bajaj Broking
Your capital37,000
Broker funds63,000
Daily interest31
30-day cost932
Annual cost11,340
Share India
Your capital36,300
Broker funds63,700
Daily interest26
30-day cost785
Annual cost9,549

* 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 PCBL with MTF?

If you invest
10,000
Stock value you hold28,058
Zerodha funds18,058
Margin used35.64%
If you invest
50,000
Stock value you hold1,40,292
Zerodha funds90,292
Margin used35.64%
If you invest
1,00,000
Stock value you hold2,80,584
Zerodha funds1,80,584
Margin used35.64%

Frequently Asked Questions - PCBL MTF

What is the MTF margin for PCBL?

Upstox: 35.69%, Zerodha: 35.64%, Dhan: 35.64%, Kotak Neo: 35.71%, Paytm Money: 35.69%, Pocketful: 36.36%, Anand Rathi: 35.64%, Bajaj Broking: 37.00%, Share India: 36.30%. The lowest margin is 35.64% on Zerodha, meaning you only need to pay ₹3564 to buy ₹10,000 worth of PCBL shares.

Which broker is cheapest for PCBL MTF?

For margin percentage, Zerodha offers the lowest at 35.64% (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 PCBL 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 PCBL on margin?

Yes, PCBL (PCBL) 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 PCBL 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 PCBL?

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 PCBL?

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 PCBL 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 PCBL (PCBL) Margin Trading

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

Currently, Zerodha offers the best MTF margin of 35.64% for PCBL. This means you can buy ₹1,00,000 worth of PCBL shares by paying just ₹35,640, with Zerodha funding the remaining ₹64,360.

MTF Interest Rates for PCBL - Broker Comparison

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