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Sundaram Finance (SUNDARMFIN) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 31.23% on Zerodha(3.2x leverage)

Fundamentals Snapshot

Large Cap
CMP
₹4,575
PE
24.1
ROE
15.0%
ROCE
9.4%
Div Yield
0.87%
P/B
3.41
Mkt Cap
₹50,883 Cr

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

MTF Margin Comparison - SUNDARMFIN

Upstox
31.27%
Margin Required
Leverage3.2x
You Pay3,127
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
BEST
Zerodha
31.23%
Margin Required
Leverage3.2x
You Pay3,123
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
31.23%
Margin Required
Leverage3.2x
You Pay3,123
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
31.25%
Margin Required
Leverage3.2x
You Pay3,125
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
31.27%
Margin Required
Leverage3.2x
You Pay3,127
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
31.72%
Margin Required
Leverage3.2x
You Pay3,172
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
31.23%
Margin Required
Leverage3.2x
You Pay3,123
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
33.00%
Margin Required
Leverage3.0x
You Pay3,300
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
31.36%
Margin Required
Leverage3.2x
You Pay3,136
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Sundaram Finance - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin31.27%31.23%31.23%31.25%31.27%31.72%31.23%33.00%31.36%
Leverage3.2x3.2x3.2x3.2x3.2x3.2x3.2x3.0x3.2x
You Pay (per ₹1L)31,27031,23031,23031,25031,27031,72031,23033,00031,360
Broker Funds (per ₹1L)68,73068,77068,77068,75068,73068,28068,77067,00068,640
Interest Rate (p.a.)18.25%14.6%12.49%9.95%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 31.23% for SUNDARMFIN, while Bajaj Broking requires 33.00% - a difference of 1.77 percentage points.

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

Upstox
Your capital31,270
Broker funds68,730
Daily interest34
30-day cost1,031
Annual cost12,543
Zerodha
Your capital31,230
Broker funds68,770
Daily interest28
30-day cost825
Annual cost10,040
Dhan
Your capital31,230
Broker funds68,770
Daily interest24
30-day cost706
Annual cost8,589
Kotak Neo
Your capital31,250
Broker funds68,750
Daily interest19
30-day cost562
Annual cost6,841
Paytm Money
Your capital31,270
Broker funds68,730
Daily interest28
30-day cost847
Annual cost10,303
Pocketful
Your capital31,720
Broker funds68,280
Daily interest11
30-day cost336
Annual cost4,090
Anand Rathi
Your capital31,230
Broker funds68,770
Daily interest28
30-day cost847
Annual cost10,309
Bajaj Broking
Your capital33,000
Broker funds67,000
Daily interest33
30-day cost991
Annual cost12,060
Share India
Your capital31,360
Broker funds68,640
Daily interest28
30-day cost846
Annual cost10,289

* 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 SUNDARMFIN with MTF?

If you invest
10,000
Stock value you hold32,020
Zerodha funds22,020
Margin used31.23%
If you invest
50,000
Stock value you hold1,60,102
Zerodha funds1,10,102
Margin used31.23%
If you invest
1,00,000
Stock value you hold3,20,205
Zerodha funds2,20,205
Margin used31.23%

Frequently Asked Questions - SUNDARMFIN MTF

What is the MTF margin for SUNDARMFIN?

Upstox: 31.27%, Zerodha: 31.23%, Dhan: 31.23%, Kotak Neo: 31.25%, Paytm Money: 31.27%, Pocketful: 31.72%, Anand Rathi: 31.23%, Bajaj Broking: 33.00%, Share India: 31.36%. The lowest margin is 31.23% on Zerodha, meaning you only need to pay ₹3123 to buy ₹10,000 worth of Sundaram Finance shares.

Which broker is cheapest for SUNDARMFIN MTF?

For margin percentage, Zerodha offers the lowest at 31.23% (3.2x 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 SUNDARMFIN 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 SUNDARMFIN on margin?

Yes, Sundaram Finance (SUNDARMFIN) 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 SUNDARMFIN 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 SUNDARMFIN?

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 SUNDARMFIN?

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 SUNDARMFIN 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 Sundaram Finance (SUNDARMFIN) Margin Trading

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

Currently, Zerodha offers the best MTF margin of 31.23% for SUNDARMFIN. This means you can buy ₹1,00,000 worth of Sundaram Finance shares by paying just ₹31,230, with Zerodha funding the remaining ₹68,770.

MTF Interest Rates for SUNDARMFIN - Broker Comparison

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

Star investors who hold SUNDARMFIN

Tracked from public NSE/BSE shareholding disclosures. Tap an investor to see their full portfolio.