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SANDUR MANG & IRON ORES L (SANDUMA) — MTF Margin Comparison

Exchange: NSE · Available on 3 brokers · Updated daily

Best MTF Rate: 39.79% on Dhan(2.5x leverage)

MTF Margin Comparison — SANDUMA

Upstox
39.85%
Margin Required
Leverage2.5x
You Pay3,985
You Get₹10,000
Interest18.25% p.a.
Max Hold365 days
Zerodha
39.85%
Margin Required
Leverage2.5x
You Pay3,985
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
Not Available
BEST
Dhan
39.79%
Margin Required
Leverage2.5x
You Pay3,979
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

SANDUR MANG & IRON ORES L — Complete Broker Comparison

ParameterUpstoxZerodhaDhan
MTF Margin39.85%39.85%39.79%
Leverage2.5x2.5x2.5x
You Pay (per ₹1L)39,85039,85039,790
Broker Funds (per ₹1L)60,15060,15060,210
Interest Rate (p.a.)18.25%14.6%12.49%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 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
Pledge Charges₹20 per stock (one-time)₹15 + GST per ISIN₹30 + GST per ISIN
Max Holding Period365 daysUnlimited (maintain margins daily)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo 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 coverage < 20%

Dhan offers the best margin of 39.79% for SANDUMA, while Upstox requires 39.85% — a difference of 0.1 percentage points.

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

Upstox
Your capital39,850
Broker funds60,150
Daily interest30
30-day cost902
Annual cost10,977
Zerodha
Your capital39,850
Broker funds60,150
Daily interest24
30-day cost722
Annual cost8,782
Dhan
Your capital39,790
Broker funds60,210
Daily interest21
30-day cost618
Annual cost7,520

* 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 SANDUMA with MTF?

If you invest
10,000
Stock value you hold25,132
Dhan funds15,132
Margin used39.79%
If you invest
50,000
Stock value you hold1,25,660
Dhan funds75,660
Margin used39.79%
If you invest
1,00,000
Stock value you hold2,51,319
Dhan funds1,51,319
Margin used39.79%

Frequently Asked Questions — SANDUMA MTF

What is the MTF margin for SANDUMA?

Upstox: 39.85%, Zerodha: 39.85%, Dhan: 39.79%. The lowest margin is 39.79% on Dhan, meaning you only need to pay ₹3979 to buy ₹10,000 worth of SANDUR MANG & IRON ORES L shares.

Which broker is cheapest for SANDUMA MTF?

For margin percentage, Dhan offers the lowest at 39.79% (2.5x 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 SANDUMA 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 SANDUMA on margin?

Yes, SANDUR MANG & IRON ORES L (SANDUMA) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, 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 SANDUMA 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 SANDUMA?

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 SANDUMA?

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 SANDUMA 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 SANDUR MANG & IRON ORES L (SANDUMA) Margin Trading

SANDUR MANG & IRON ORES L (SANDUMA) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 3 major Indian brokers: Upstox, Zerodha, Dhan. MTF allows you to buy SANDUMA shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Dhan offers the best MTF margin of 39.79% for SANDUMA. This means you can buy ₹1,00,000 worth of SANDUR MANG & IRON ORES L shares by paying just ₹39,790, with Dhan funding the remaining ₹60,210.

MTF Interest Rates for SANDUMA — Broker Comparison

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