PR

PROTEAN EGOV TECHNO LTD (PROTEAN) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 35.39% on Pocketful(2.8x leverage)

Fundamentals Snapshot

Small Cap
CMP
₹599
PE
23.4
ROE
10.0%
ROCE
12.7%
Div Yield
1.67%
P/B
2.26
Mkt Cap
₹2,433 Cr

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

MTF Margin Comparison - PROTEAN

Upstox
37.07%
Margin Required
Leverage2.7x
You Pay3,707
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
37.01%
Margin Required
Leverage2.7x
You Pay3,701
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
40.07%
Margin Required
Leverage2.5x
You Pay4,007
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
BEST
Pocketful
35.39%
Margin Required
Leverage2.8x
You Pay3,539
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
37.01%
Margin Required
Leverage2.7x
You Pay3,701
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
42.00%
Margin Required
Leverage2.4x
You Pay4,200
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
37.50%
Margin Required
Leverage2.7x
You Pay3,750
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

PROTEAN EGOV TECHNO LTD - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin37.07%37.01%40.00%37.04%40.07%35.39%37.01%42.00%37.50%
Leverage2.7x2.7x2.5x2.7x2.5x2.8x2.7x2.4x2.7x
You Pay (per ₹1L)37,07037,01040,00037,04040,07035,39037,01042,00037,500
Broker Funds (per ₹1L)62,93062,99060,00062,96059,93064,61062,99058,00062,500
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

Pocketful offers the best margin of 35.39% for PROTEAN, while Bajaj Broking requires 42.00% - a difference of 6.61 percentage points. This means you save ₹6,610 per ₹1 lakh invested by choosing Pocketful.

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

Upstox
Your capital37,070
Broker funds62,930
Daily interest31
30-day cost944
Annual cost11,485
Zerodha
Your capital37,010
Broker funds62,990
Daily interest25
30-day cost756
Annual cost9,197
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 capital40,070
Broker funds59,930
Daily interest25
30-day cost738
Annual cost8,984
Pocketful
Your capital35,390
Broker funds64,610
Daily interest11
30-day cost318
Annual cost3,870
Anand Rathi
Your capital37,010
Broker funds62,990
Daily interest26
30-day cost776
Annual cost9,442
Bajaj Broking
Your capital42,000
Broker funds58,000
Daily interest29
30-day cost858
Annual cost10,440
Share India
Your capital37,500
Broker funds62,500
Daily interest26
30-day cost770
Annual cost9,369

* 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 PROTEAN with MTF?

If you invest
10,000
Stock value you hold28,257
Pocketful funds18,257
Margin used35.39%
If you invest
50,000
Stock value you hold1,41,283
Pocketful funds91,283
Margin used35.39%
If you invest
1,00,000
Stock value you hold2,82,566
Pocketful funds1,82,566
Margin used35.39%

Frequently Asked Questions - PROTEAN MTF

What is the MTF margin for PROTEAN?

Upstox: 37.07%, Zerodha: 37.01%, Dhan: 40.00%, Kotak Neo: 37.04%, Paytm Money: 40.07%, Pocketful: 35.39%, Anand Rathi: 37.01%, Bajaj Broking: 42.00%, Share India: 37.50%. The lowest margin is 35.39% on Pocketful, meaning you only need to pay ₹3539 to buy ₹10,000 worth of PROTEAN EGOV TECHNO LTD shares.

Which broker is cheapest for PROTEAN MTF?

For margin percentage, Pocketful offers the lowest at 35.39% (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 PROTEAN 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 PROTEAN on margin?

Yes, PROTEAN EGOV TECHNO LTD (PROTEAN) 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 PROTEAN 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 PROTEAN?

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 PROTEAN?

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 PROTEAN 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 PROTEAN EGOV TECHNO LTD (PROTEAN) Margin Trading

PROTEAN EGOV TECHNO LTD (PROTEAN) 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 PROTEAN shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Pocketful offers the best MTF margin of 35.39% for PROTEAN. This means you can buy ₹1,00,000 worth of PROTEAN EGOV TECHNO LTD shares by paying just ₹35,390, with Pocketful funding the remaining ₹64,610.

MTF Interest Rates for PROTEAN - Broker Comparison

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