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Route Mobile (ROUTE) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 31.85% on Kotak Neo(3.1x leverage)

Fundamentals Snapshot

Small Cap
CMP
₹553
PE
10.8
ROE
12.5%
ROCE
17.2%
Div Yield
1.99%
P/B
1.26
Mkt Cap
₹3,489 Cr

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

MTF Margin Comparison - ROUTE

Upstox
35.00%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
31.86%
Margin Required
Leverage3.1x
You Pay3,186
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
31.86%
Margin Required
Leverage3.1x
You Pay3,186
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
BEST
Kotak Neo
31.85%
Margin Required
Leverage3.1x
You Pay3,185
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
35.00%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
31.93%
Margin Required
Leverage3.1x
You Pay3,193
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
31.86%
Margin Required
Leverage3.1x
You Pay3,186
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
32.00%
Margin Required
Leverage3.1x
You Pay3,200
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
31.86%
Margin Required
Leverage3.1x
You Pay3,186
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Route Mobile - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin35.00%31.86%31.86%31.85%35.00%31.93%31.86%32.00%31.86%
Leverage2.9x3.1x3.1x3.1x2.9x3.1x3.1x3.1x3.1x
You Pay (per ₹1L)35,00031,86031,86031,85035,00031,93031,86032,00031,860
Broker Funds (per ₹1L)65,00068,14068,14068,15065,00068,07068,14068,00068,140
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 31.85% for ROUTE, while Upstox requires 35.00% - a difference of 3.15 percentage points.

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

Upstox
Your capital35,000
Broker funds65,000
Daily interest33
30-day cost975
Annual cost11,863
Zerodha
Your capital31,860
Broker funds68,140
Daily interest27
30-day cost818
Annual cost9,948
Dhan
Your capital31,860
Broker funds68,140
Daily interest23
30-day cost700
Annual cost8,511
Kotak Neo
Your capital31,850
Broker funds68,150
Daily interest19
30-day cost557
Annual cost6,781
Paytm Money
Your capital35,000
Broker funds65,000
Daily interest27
30-day cost801
Annual cost9,744
Pocketful
Your capital31,930
Broker funds68,070
Daily interest11
30-day cost335
Annual cost4,077
Anand Rathi
Your capital31,860
Broker funds68,140
Daily interest28
30-day cost840
Annual cost10,214
Bajaj Broking
Your capital32,000
Broker funds68,000
Daily interest34
30-day cost1,006
Annual cost12,240
Share India
Your capital31,860
Broker funds68,140
Daily interest28
30-day cost840
Annual cost10,214

* 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 ROUTE with MTF?

If you invest
10,000
Stock value you hold31,397
Kotak Neo funds21,397
Margin used31.85%
If you invest
50,000
Stock value you hold1,56,986
Kotak Neo funds1,06,986
Margin used31.85%
If you invest
1,00,000
Stock value you hold3,13,972
Kotak Neo funds2,13,972
Margin used31.85%

Frequently Asked Questions - ROUTE MTF

What is the MTF margin for ROUTE?

Upstox: 35.00%, Zerodha: 31.86%, Dhan: 31.86%, Kotak Neo: 31.85%, Paytm Money: 35.00%, Pocketful: 31.93%, Anand Rathi: 31.86%, Bajaj Broking: 32.00%, Share India: 31.86%. The lowest margin is 31.85% on Kotak Neo, meaning you only need to pay ₹3185 to buy ₹10,000 worth of Route Mobile shares.

Which broker is cheapest for ROUTE MTF?

For margin percentage, Kotak Neo offers the lowest at 31.85% (3.1x 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 ROUTE 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 ROUTE on margin?

Yes, Route Mobile (ROUTE) 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 ROUTE 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 ROUTE?

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 ROUTE?

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 ROUTE 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 Route Mobile (ROUTE) Margin Trading

Route Mobile (ROUTE) 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 ROUTE 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 31.85% for ROUTE. This means you can buy ₹1,00,000 worth of Route Mobile shares by paying just ₹31,850, with Kotak Neo funding the remaining ₹68,150.

MTF Interest Rates for ROUTE - Broker Comparison

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