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Solar Industries (India) (SOLARINDS) — MTF Margin Comparison

Exchange: NSE · Available on 4 brokers · Updated daily

Best MTF Rate: 24.47% on Dhan(4.1x leverage)

MTF Margin Comparison — SOLARINDS

Upstox
31.46%
Margin Required
Leverage3.2x
You Pay3,146
You Get₹10,000
Interest18.25% p.a.
Max Hold365 days
Zerodha
26.8%
Margin Required
Leverage3.7x
You Pay2,680
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
26.78%
Margin Required
Leverage3.7x
You Pay2,678
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
BEST
Dhan
24.47%
Margin Required
Leverage4.1x
You Pay2,447
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

Solar Industries (India) — Complete Broker Comparison

ParameterUpstoxZerodhaGrowwDhan
MTF Margin31.46%26.8%26.78%24.47%
Leverage3.2x3.7x3.7x4.1x
You Pay (per ₹1L)31,46026,80026,78024,470
Broker Funds (per ₹1L)68,54073,20073,22075,530
Interest Rate (p.a.)18.25%14.6%14.95%12.49%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day₹41 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 (flat)₹20 per order
Pledge Charges₹20 per stock (one-time)₹15 + GST per ISINAuto-pledged (included)₹30 + GST per ISIN
Max Holding Period365 daysUnlimited (maintain margins daily)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limitNo 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 falls below requirementAuto-liquidation if margin coverage < 20%

Dhan offers the best margin of 24.47% for SOLARINDS, while Upstox requires 31.46% — a difference of 7.0 percentage points. This means you save ₹6,990 per ₹1 lakh invested by choosing Dhan.

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

Upstox
Your capital31,460
Broker funds68,540
Daily interest34
30-day cost1,028
Annual cost12,509
Zerodha
Your capital26,800
Broker funds73,200
Daily interest29
30-day cost878
Annual cost10,687
Groww
Your capital26,780
Broker funds73,220
Daily interest30
30-day cost900
Annual cost10,946
Dhan
Your capital24,470
Broker funds75,530
Daily interest26
30-day cost775
Annual cost9,434

* 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 SOLARINDS with MTF?

If you invest
10,000
Stock value you hold40,866
Dhan funds30,866
Margin used24.47%
If you invest
50,000
Stock value you hold2,04,332
Dhan funds1,54,332
Margin used24.47%
If you invest
1,00,000
Stock value you hold4,08,664
Dhan funds3,08,664
Margin used24.47%

Frequently Asked Questions — SOLARINDS MTF

What is the MTF margin for SOLARINDS?

Upstox: 31.46%, Zerodha: 26.8%, Groww: 26.78%, Dhan: 24.47%. The lowest margin is 24.47% on Dhan, meaning you only need to pay ₹2447 to buy ₹10,000 worth of Solar Industries (India) shares.

Which broker is cheapest for SOLARINDS MTF?

For margin percentage, Dhan offers the lowest at 24.47% (4.1x 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 SOLARINDS 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 SOLARINDS on margin?

Yes, Solar Industries (India) (SOLARINDS) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Groww, 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 SOLARINDS 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 SOLARINDS?

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 SOLARINDS?

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 SOLARINDS 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 Solar Industries (India) (SOLARINDS) Margin Trading

Solar Industries (India) (SOLARINDS) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 4 major Indian brokers: Upstox, Zerodha, Groww, Dhan. MTF allows you to buy SOLARINDS shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Dhan offers the best MTF margin of 24.47% for SOLARINDS. This means you can buy ₹1,00,000 worth of Solar Industries (India) shares by paying just ₹24,470, with Dhan funding the remaining ₹75,530.

MTF Interest Rates for SOLARINDS — Broker Comparison

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