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PIRAMAL FINANCE LIMITED (PIRAMALFIN) — MTF Margin Comparison

Exchange: NSE · Available on 4 brokers · Updated daily

Best MTF Rate: 22.56% on Groww(4.4x leverage)

MTF Margin Comparison — PIRAMALFIN

Upstox
26.5%
Margin Required
Leverage3.8x
You Pay2,650
You Get₹10,000
Interest18.25% p.a.
Max Hold365 days
Zerodha
50%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
BEST
Groww
22.56%
Margin Required
Leverage4.4x
You Pay2,256
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
Dhan
26.5%
Margin Required
Leverage3.8x
You Pay2,650
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

PIRAMAL FINANCE LIMITED — Complete Broker Comparison

ParameterUpstoxZerodhaGrowwDhan
MTF Margin26.5%50%22.56%26.5%
Leverage3.8x2.0x4.4x3.8x
You Pay (per ₹1L)26,50050,00022,56026,500
Broker Funds (per ₹1L)73,50050,00077,44073,500
Interest Rate (p.a.)18.25%14.6%14.95%12.49%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day₹41 per lakh/day₹34.2 per lakh/day (up to ₹5L)
Brokerage0.1% or ₹20/order (whichever is lower)0.3% or ₹20/order (whichever is lower)₹20 per order (flat)₹20 per order
Pledge Charges₹20 per stock (one-time)₹15 + GST per ISINAuto-pledged (included)₹30 + GST per ISIN
Max Holding Period365 daysUnlimited (maintain margins daily)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limitNo published limit₹1 crore (₹20L per stock)
Auto Square-OffAuto square-off if margin shortfall not met by T+4Auto square-off if margin falls below minimumAuto-liquidation if margin falls below requirementAuto-liquidation if margin coverage < 20%

Groww offers the best margin of 22.56% for PIRAMALFIN, while Zerodha requires 50% — a difference of 27.4 percentage points. This means you save ₹27,440 per ₹1 lakh invested by choosing Groww.

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

Upstox
Your capital26,500
Broker funds73,500
Daily interest37
30-day cost1,103
Annual cost13,414
Zerodha
Your capital50,000
Broker funds50,000
Daily interest20
30-day cost600
Annual cost7,300
Groww
Your capital22,560
Broker funds77,440
Daily interest32
30-day cost952
Annual cost11,577
Dhan
Your capital26,500
Broker funds73,500
Daily interest25
30-day cost755
Annual cost9,180

* 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 PIRAMALFIN with MTF?

If you invest
10,000
Stock value you hold44,326
Groww funds34,326
Margin used22.56%
If you invest
50,000
Stock value you hold2,21,631
Groww funds1,71,631
Margin used22.56%
If you invest
1,00,000
Stock value you hold4,43,262
Groww funds3,43,262
Margin used22.56%

Frequently Asked Questions — PIRAMALFIN MTF

What is the MTF margin for PIRAMALFIN?

Upstox: 26.5%, Zerodha: 50%, Groww: 22.56%, Dhan: 26.5%. The lowest margin is 22.56% on Groww, meaning you only need to pay ₹2256 to buy ₹10,000 worth of PIRAMAL FINANCE LIMITED shares.

Which broker is cheapest for PIRAMALFIN MTF?

For margin percentage, Groww offers the lowest at 22.56% (4.4x 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 PIRAMALFIN 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 PIRAMALFIN on margin?

Yes, PIRAMAL FINANCE LIMITED (PIRAMALFIN) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Groww, Dhan. 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 PIRAMALFIN 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 PIRAMALFIN?

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 PIRAMALFIN?

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 PIRAMALFIN 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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About PIRAMAL FINANCE LIMITED (PIRAMALFIN) Margin Trading

PIRAMAL FINANCE LIMITED (PIRAMALFIN) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 4 major Indian brokers: Upstox, Zerodha, Groww, Dhan. MTF allows you to buy PIRAMALFIN shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Groww offers the best MTF margin of 22.56% for PIRAMALFIN. This means you can buy ₹1,00,000 worth of PIRAMAL FINANCE LIMITED shares by paying just ₹22,560, with Groww funding the remaining ₹77,440.

MTF Interest Rates for PIRAMALFIN — Broker Comparison

The cost of holding PIRAMALFIN 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 PIRAMALFIN 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 PIRAMALFIN 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 1837+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade PIRAMALFIN directly through our Scalper Terminal.