SJ

SJVN (SJVN) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 32.61% on Zerodha(3.1x leverage)

Fundamentals Snapshot

Mid Cap
CMP
₹72.6
PE
44.4
ROE
4.5%
ROCE
5.6%
Div Yield
2.01%
P/B
2.01
Mkt Cap
₹28,511 Cr

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

MTF Margin Comparison - SJVN

Upstox
32.65%
Margin Required
Leverage3.1x
You Pay3,265
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
BEST
Zerodha
32.61%
Margin Required
Leverage3.1x
You Pay3,261
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
32.61%
Margin Required
Leverage3.1x
You Pay3,261
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
32.68%
Margin Required
Leverage3.1x
You Pay3,268
You Get₹10,000
Interest9.69% p.a.
Max HoldNo Time Limit
Paytm Money
33.33%
Margin Required
Leverage3.0x
You Pay3,333
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
33.59%
Margin Required
Leverage3.0x
You Pay3,359
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
32.61%
Margin Required
Leverage3.1x
You Pay3,261
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
35.00%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
33.27%
Margin Required
Leverage3.0x
You Pay3,327
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

SJVN - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin32.65%32.61%32.61%32.68%33.33%33.59%32.61%35.00%33.27%
Leverage3.1x3.1x3.1x3.1x3.0x3.0x3.1x2.9x3.0x
You Pay (per ₹1L)32,65032,61032,61032,68033,33033,59032,61035,00033,270
Broker Funds (per ₹1L)67,35067,39067,39067,32066,67066,41067,39065,00066,730
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

Zerodha offers the best margin of 32.61% for SJVN, while Bajaj Broking requires 35.00% - a difference of 2.39 percentage points.

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

Upstox
Your capital32,650
Broker funds67,350
Daily interest34
30-day cost1,010
Annual cost12,291
Zerodha
Your capital32,610
Broker funds67,390
Daily interest27
30-day cost809
Annual cost9,839
Dhan
Your capital32,610
Broker funds67,390
Daily interest23
30-day cost692
Annual cost8,417
Kotak Neo
Your capital32,680
Broker funds67,320
Daily interest18
30-day cost536
Annual cost6,523
Paytm Money
Your capital33,330
Broker funds66,670
Daily interest27
30-day cost821
Annual cost9,994
Pocketful
Your capital33,590
Broker funds66,410
Daily interest11
30-day cost327
Annual cost3,978
Anand Rathi
Your capital32,610
Broker funds67,390
Daily interest28
30-day cost830
Annual cost10,102
Bajaj Broking
Your capital35,000
Broker funds65,000
Daily interest32
30-day cost962
Annual cost11,700
Share India
Your capital33,270
Broker funds66,730
Daily interest27
30-day cost822
Annual cost10,003

* 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 SJVN with MTF?

If you invest
10,000
Stock value you hold30,665
Zerodha funds20,665
Margin used32.61%
If you invest
50,000
Stock value you hold1,53,327
Zerodha funds1,03,327
Margin used32.61%
If you invest
1,00,000
Stock value you hold3,06,654
Zerodha funds2,06,654
Margin used32.61%

Frequently Asked Questions - SJVN MTF

What is the MTF margin for SJVN?

Upstox: 32.65%, Zerodha: 32.61%, Dhan: 32.61%, Kotak Neo: 32.68%, Paytm Money: 33.33%, Pocketful: 33.59%, Anand Rathi: 32.61%, Bajaj Broking: 35.00%, Share India: 33.27%. The lowest margin is 32.61% on Zerodha, meaning you only need to pay ₹3261 to buy ₹10,000 worth of SJVN shares.

Which broker is cheapest for SJVN MTF?

For margin percentage, Zerodha offers the lowest at 32.61% (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 SJVN 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 SJVN on margin?

Yes, SJVN (SJVN) 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 SJVN 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 SJVN?

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 SJVN?

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 SJVN 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 SJVN (SJVN) Margin Trading

SJVN (SJVN) 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 SJVN shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Zerodha offers the best MTF margin of 32.61% for SJVN. This means you can buy ₹1,00,000 worth of SJVN shares by paying just ₹32,610, with Zerodha funding the remaining ₹67,390.

MTF Interest Rates for SJVN - Broker Comparison

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