SE

STANDARD ENGNG TCNLGY LTD (SETL) — MTF Margin Comparison

Exchange: NSE · Available on 2 brokers · Updated daily

Best MTF Rate: 35.14% on Upstox(2.8x leverage)

MTF Margin Comparison — SETL

BEST
Upstox
35.14%
Margin Required
Leverage2.8x
You Pay3,514
You Get₹10,000
Interest18.25% p.a.
Max Hold365 days
Zerodha
35.14%
Margin Required
Leverage2.8x
You Pay3,514
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
Not Available
Dhan
Not Available

STANDARD ENGNG TCNLGY LTD — Complete Broker Comparison

ParameterUpstoxZerodha
MTF Margin35.14%35.14%
Leverage2.8x2.8x
You Pay (per ₹1L)35,14035,140
Broker Funds (per ₹1L)64,86064,860
Interest Rate (p.a.)18.25%14.6%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day
Brokerage0.1% or ₹20/order (whichever is lower)0.3% or ₹20/order (whichever is lower)
Pledge Charges₹20 per stock (one-time)₹15 + GST per ISIN
Max Holding Period365 daysUnlimited (maintain margins daily)
Max Borrowing Limit₹25 lakhNo published limit
Auto Square-OffAuto square-off if margin shortfall not met by T+4Auto square-off if margin falls below minimum

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

Upstox
Your capital35,140
Broker funds64,860
Daily interest32
30-day cost973
Annual cost11,837
Zerodha
Your capital35,140
Broker funds64,860
Daily interest26
30-day cost778
Annual cost9,470

* 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 SETL with MTF?

If you invest
10,000
Stock value you hold28,458
Upstox funds18,458
Margin used35.14%
If you invest
50,000
Stock value you hold1,42,288
Upstox funds92,288
Margin used35.14%
If you invest
1,00,000
Stock value you hold2,84,576
Upstox funds1,84,576
Margin used35.14%

Frequently Asked Questions — SETL MTF

What is the MTF margin for SETL?

Upstox: 35.14%, Zerodha: 35.14%. The lowest margin is 35.14% on Upstox, meaning you only need to pay ₹3514 to buy ₹10,000 worth of STANDARD ENGNG TCNLGY LTD shares.

Which broker is cheapest for SETL MTF?

For margin percentage, Upstox offers the lowest at 35.14% (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 SETL 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 SETL on margin?

Yes, STANDARD ENGNG TCNLGY LTD (SETL) is available for Margin Trading Facility (MTF) on Upstox, Zerodha. 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 SETL 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 SETL?

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 SETL?

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 SETL 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 STANDARD ENGNG TCNLGY LTD (SETL) Margin Trading

STANDARD ENGNG TCNLGY LTD (SETL) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 2 major Indian brokers: Upstox, Zerodha. MTF allows you to buy SETL shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Upstox offers the best MTF margin of 35.14% for SETL. This means you can buy ₹1,00,000 worth of STANDARD ENGNG TCNLGY LTD shares by paying just ₹35,140, with Upstox funding the remaining ₹64,860.

MTF Interest Rates for SETL — Broker Comparison

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