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Suryoday Small Finance Bank (SURYODAY) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 34.35% on Zerodha(2.9x leverage)

MTF Margin Comparison - SURYODAY

Upstox
35.00%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
BEST
Zerodha
34.35%
Margin Required
Leverage2.9x
You Pay3,435
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
35.00%
Margin Required
Leverage2.9x
You Pay3,500
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
40.00%
Margin Required
Leverage2.5x
You Pay4,000
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
Paytm Money
34.39%
Margin Required
Leverage2.9x
You Pay3,439
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
34.87%
Margin Required
Leverage2.9x
You Pay3,487
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
34.35%
Margin Required
Leverage2.9x
You Pay3,435
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
50.00%
Margin Required
Leverage2.0x
You Pay5,000
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
34.91%
Margin Required
Leverage2.9x
You Pay3,491
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Suryoday Small Finance Bank - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin35.00%34.35%35.00%40.00%34.39%34.87%34.35%50.00%34.91%
Leverage2.9x2.9x2.9x2.5x2.9x2.9x2.9x2.0x2.9x
You Pay (per ₹1L)35,00034,35035,00040,00034,39034,87034,35050,00034,910
Broker Funds (per ₹1L)65,00065,65065,00060,00065,61065,13065,65050,00065,090
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 34.35% for SURYODAY, while Bajaj Broking requires 50.00% - a difference of 15.65 percentage points. This means you save ₹15,650 per ₹1 lakh invested by choosing Zerodha.

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

Upstox
Your capital35,000
Broker funds65,000
Daily interest33
30-day cost975
Annual cost11,863
Zerodha
Your capital34,350
Broker funds65,650
Daily interest26
30-day cost788
Annual cost9,585
Dhan
Your capital35,000
Broker funds65,000
Daily interest22
30-day cost667
Annual cost8,119
Kotak Neo
Your capital40,000
Broker funds60,000
Daily interest16
30-day cost491
Annual cost5,970
Paytm Money
Your capital34,390
Broker funds65,610
Daily interest27
30-day cost808
Annual cost9,835
Pocketful
Your capital34,870
Broker funds65,130
Daily interest11
30-day cost321
Annual cost3,901
Anand Rathi
Your capital34,350
Broker funds65,650
Daily interest27
30-day cost809
Annual cost9,841
Bajaj Broking
Your capital50,000
Broker funds50,000
Daily interest25
30-day cost740
Annual cost9,000
Share India
Your capital34,910
Broker funds65,090
Daily interest27
30-day cost802
Annual cost9,757

* 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 SURYODAY with MTF?

If you invest
10,000
Stock value you hold29,112
Zerodha funds19,112
Margin used34.35%
If you invest
50,000
Stock value you hold1,45,560
Zerodha funds95,560
Margin used34.35%
If you invest
1,00,000
Stock value you hold2,91,121
Zerodha funds1,91,121
Margin used34.35%

Frequently Asked Questions - SURYODAY MTF

What is the MTF margin for SURYODAY?

Upstox: 35.00%, Zerodha: 34.35%, Dhan: 35.00%, Kotak Neo: 40.00%, Paytm Money: 34.39%, Pocketful: 34.87%, Anand Rathi: 34.35%, Bajaj Broking: 50.00%, Share India: 34.91%. The lowest margin is 34.35% on Zerodha, meaning you only need to pay ₹3435 to buy ₹10,000 worth of Suryoday Small Finance Bank shares.

Which broker is cheapest for SURYODAY MTF?

For margin percentage, Zerodha offers the lowest at 34.35% (2.9x 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 SURYODAY 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 SURYODAY on margin?

Yes, Suryoday Small Finance Bank (SURYODAY) 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 SURYODAY 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 SURYODAY?

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 SURYODAY?

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 SURYODAY 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 Suryoday Small Finance Bank (SURYODAY) Margin Trading

Suryoday Small Finance Bank (SURYODAY) 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 SURYODAY shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Zerodha offers the best MTF margin of 34.35% for SURYODAY. This means you can buy ₹1,00,000 worth of Suryoday Small Finance Bank shares by paying just ₹34,350, with Zerodha funding the remaining ₹65,650.

MTF Interest Rates for SURYODAY - Broker Comparison

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