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Syrma SGS Technology (SYRMA) - MTF Margin Comparison

Exchange: NSE · Available on 10 brokers · Updated daily

Best MTF Rate: 36.10% on Zerodha(2.8x leverage)

Fundamentals Snapshot

Mid Cap
CMP
₹1,376
PE
82.7
ROE
13.9%
ROCE
16.7%
Div Yield
0.11%
P/B
9.30
Mkt Cap
₹26,533 Cr

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

MTF Margin Comparison - SYRMA

Upstox
36.14%
Margin Required
Leverage2.8x
You Pay3,614
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
BEST
Zerodha
36.10%
Margin Required
Leverage2.8x
You Pay3,610
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
36.20%
Margin Required
Leverage2.8x
You Pay3,620
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
Dhan
36.10%
Margin Required
Leverage2.8x
You Pay3,610
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
36.10%
Margin Required
Leverage2.8x
You Pay3,610
You Get₹10,000
Interest9.69% p.a.
Max HoldNo Time Limit
Paytm Money
36.14%
Margin Required
Leverage2.8x
You Pay3,614
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
36.61%
Margin Required
Leverage2.7x
You Pay3,661
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
36.10%
Margin Required
Leverage2.8x
You Pay3,610
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
40.00%
Margin Required
Leverage2.5x
You Pay4,000
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
36.29%
Margin Required
Leverage2.8x
You Pay3,629
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Syrma SGS Technology - Complete Broker Comparison

ParameterUpstoxZerodhaGrowwDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin36.14%36.10%36.20%36.10%36.10%36.14%36.61%36.10%40.00%36.29%
Leverage2.8x2.8x2.8x2.8x2.8x2.8x2.7x2.8x2.5x2.8x
You Pay (per ₹1L)36,14036,10036,20036,10036,10036,14036,61036,10040,00036,290
Broker Funds (per ₹1L)63,86063,90063,80063,90063,90063,86063,39063,90060,00063,710
Interest Rate (p.a.)18.25%14.6%14.95%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₹41 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 (flat)₹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 ISINAuto-pledged (included)₹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 (maintain margins)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 limitNo 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 falls below requirementAuto-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 36.10% for SYRMA, while Bajaj Broking requires 40.00% - a difference of 3.90 percentage points.

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

Upstox
Your capital36,140
Broker funds63,860
Daily interest32
30-day cost958
Annual cost11,654
Zerodha
Your capital36,100
Broker funds63,900
Daily interest26
30-day cost767
Annual cost9,329
Groww
Your capital36,200
Broker funds63,800
Daily interest26
30-day cost784
Annual cost9,538
Dhan
Your capital36,100
Broker funds63,900
Daily interest22
30-day cost656
Annual cost7,981
Kotak Neo
Your capital36,100
Broker funds63,900
Daily interest17
30-day cost509
Annual cost6,192
Paytm Money
Your capital36,140
Broker funds63,860
Daily interest26
30-day cost787
Annual cost9,573
Pocketful
Your capital36,610
Broker funds63,390
Daily interest10
30-day cost312
Annual cost3,797
Anand Rathi
Your capital36,100
Broker funds63,900
Daily interest26
30-day cost787
Annual cost9,579
Bajaj Broking
Your capital40,000
Broker funds60,000
Daily interest30
30-day cost888
Annual cost10,800
Share India
Your capital36,290
Broker funds63,710
Daily interest26
30-day cost785
Annual cost9,550

* 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 SYRMA with MTF?

If you invest
10,000
Stock value you hold27,701
Zerodha funds17,701
Margin used36.10%
If you invest
50,000
Stock value you hold1,38,504
Zerodha funds88,504
Margin used36.10%
If you invest
1,00,000
Stock value you hold2,77,008
Zerodha funds1,77,008
Margin used36.10%

Frequently Asked Questions - SYRMA MTF

What is the MTF margin for SYRMA?

Upstox: 36.14%, Zerodha: 36.10%, Groww: 36.20%, Dhan: 36.10%, Kotak Neo: 36.10%, Paytm Money: 36.14%, Pocketful: 36.61%, Anand Rathi: 36.10%, Bajaj Broking: 40.00%, Share India: 36.29%. The lowest margin is 36.10% on Zerodha, meaning you only need to pay ₹3610 to buy ₹10,000 worth of Syrma SGS Technology shares.

Which broker is cheapest for SYRMA MTF?

For margin percentage, Zerodha offers the lowest at 36.10% (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 SYRMA 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 SYRMA on margin?

Yes, Syrma SGS Technology (SYRMA) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Groww, 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 SYRMA 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 SYRMA?

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 SYRMA?

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 SYRMA 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 Syrma SGS Technology (SYRMA) Margin Trading

Syrma SGS Technology (SYRMA) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 10 major Indian brokers: Upstox, Zerodha, Groww, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Bajaj Broking, Share India. MTF allows you to buy SYRMA shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Zerodha offers the best MTF margin of 36.10% for SYRMA. This means you can buy ₹1,00,000 worth of Syrma SGS Technology shares by paying just ₹36,100, with Zerodha funding the remaining ₹63,900.

MTF Interest Rates for SYRMA - Broker Comparison

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