Shanti Educational Initiatives Limited (SEIL) - MTF Margin Comparison
Exchange: NSE · Available on 7 brokers · Updated daily
Fundamentals Snapshot
Fundamentals updated 22 JulSmall CapFundamentals from the Downstox Value Screener (Nifty 500 universe, updated daily). Not investment advice.
MTF Margin Comparison - SEIL
Shanti Educational Initiatives Limited - Complete Broker Comparison
| Parameter | Upstox | Zerodha | Groww | Kotak Neo | Paytm Money | Pocketful | Share India |
|---|---|---|---|---|---|---|---|
| MTF Margin | 41.95% | 41.95% | 42.02% | 100.00% | 41.95% | 42.16% | 50.00% |
| Leverage | 2.4x | 2.4x | 2.4x | 1.0x | 2.4x | 2.4x | 2.0x |
| You Pay (per ₹1L) | ₹41,950 | ₹41,950 | ₹42,020 | ₹1,00,000 | ₹41,950 | ₹42,160 | ₹50,000 |
| Broker Funds (per ₹1L) | ₹58,050 | ₹58,050 | ₹57,980 | ₹0 | ₹58,050 | ₹57,840 | ₹50,000 |
| Interest Rate (p.a.) | 18.25% | 14.6% | 14.95% | 9.69% | 7.99% | 5.99% | 14.99% |
| Daily Interest Cost | ₹20 per ₹40,000 slab/day | ₹40 per lakh/day | ₹41 per lakh/day | ~₹27 per lakh/day | slab-based | ~₹27 per lakh/day | see broker |
| Brokerage | 0.1% or ₹20/order (whichever is lower) | 0.3% or Rs. 20/executed order, whichever is lower | 0.1% per order | ₹20/order or 0.1% | 0.1% of trade value | Minimal broker charges, no hidden fees. | plan-based |
| Pledge Charges | ₹20 per stock (one-time) | ₹15 + GST per pledge request | ₹20 per order | ₹20 + GST per ISIN | ₹20/- per Transaction | ₹20 + GST per ISIN | per ISIN |
| Max Holding Period | Unlimited | Unlimited (maintain margins daily) | Unlimited (maintain margins) | No Time Limit | Unlimited (maintain margins) | Unlimited (maintain margins) | Unlimited (maintain margins) |
| Max Borrowing Limit | ₹25 lakh | No published limit | No published limit | No published limit | No published limit | No published limit | No published limit |
| Auto Square-Off | Auto square-off if margin shortfall not met by T+4 | Auto square-off if margin falls below minimum | Auto-liquidation if margin falls below requirement | Auto square-off on margin shortfall | Auto square-off on margin shortfall | Auto square-off on margin shortfall | Auto square-off on margin shortfall |
Upstox offers the best margin of 41.95% for SEIL, while Kotak Neo requires 100.00% - a difference of 58.05 percentage points. This means you save ₹58,050 per ₹1 lakh invested by choosing Upstox.
SEIL MTF Interest Cost Calculator (per ₹1 Lakh Investment)
* 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 SEIL with MTF?
Frequently Asked Questions - SEIL MTF
What is the MTF margin for SEIL?
Which broker is cheapest for SEIL MTF?
What interest rate do brokers charge on SEIL MTF?
Can I buy SEIL on margin?
How long can I hold SEIL on MTF?
What are the pledge charges for SEIL?
What happens if margin falls below minimum for SEIL?
What is the maximum borrowing limit for SEIL MTF?
Compare Other MTF Stocks
Compare All 1903+ MTF Stocks
Find the broker with the lowest margin requirement for every stock. Updated daily with real data from Upstox, Zerodha, Groww & Dhan.
About Shanti Educational Initiatives Limited (SEIL) Margin Trading
Shanti Educational Initiatives Limited (SEIL) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 7 major Indian brokers: Upstox, Zerodha, Groww, Kotak Neo, Paytm Money, Pocketful, Share India. MTF allows you to buy SEIL shares by paying only a fraction of the total value, with the broker financing the rest.
Currently, Upstox offers the best MTF margin of 41.95% for SEIL. This means you can buy ₹1,00,000 worth of Shanti Educational Initiatives Limited shares by paying just ₹41,950, with Upstox funding the remaining ₹58,050.
MTF Interest Rates for SEIL - Broker Comparison
The cost of holding SEIL 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 SEIL 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 SEIL 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 1903+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade SEIL directly through our Scalper Terminal.