UB

United Breweries (UBL) — MTF Margin Comparison

Exchange: NSE · Available on 3 brokers · Updated daily

Best MTF Rate: 26.59% on Upstox(3.8x leverage)

MTF Margin Comparison — UBL

BEST
Upstox
26.59%
Margin Required
Leverage3.8x
You Pay2,659
You Get₹10,000
Interest18.25% p.a.
Max Hold365 days
Zerodha
26.59%
Margin Required
Leverage3.8x
You Pay2,659
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
Not Available
Dhan
27.02%
Margin Required
Leverage3.7x
You Pay2,702
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

United Breweries — Complete Broker Comparison

ParameterUpstoxZerodhaDhan
MTF Margin26.59%26.59%27.02%
Leverage3.8x3.8x3.7x
You Pay (per ₹1L)26,59026,59027,020
Broker Funds (per ₹1L)73,41073,41072,980
Interest Rate (p.a.)18.25%14.6%12.49%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 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
Pledge Charges₹20 per stock (one-time)₹15 + GST per ISIN₹30 + GST per ISIN
Max Holding Period365 daysUnlimited (maintain margins daily)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo 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 coverage < 20%

Upstox offers the best margin of 26.59% for UBL, while Dhan requires 27.02% — a difference of 0.4 percentage points.

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

Upstox
Your capital26,590
Broker funds73,410
Daily interest37
30-day cost1,101
Annual cost13,397
Zerodha
Your capital26,590
Broker funds73,410
Daily interest29
30-day cost881
Annual cost10,718
Dhan
Your capital27,020
Broker funds72,980
Daily interest25
30-day cost749
Annual cost9,115

* 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 UBL with MTF?

If you invest
10,000
Stock value you hold37,608
Upstox funds27,608
Margin used26.59%
If you invest
50,000
Stock value you hold1,88,041
Upstox funds1,38,041
Margin used26.59%
If you invest
1,00,000
Stock value you hold3,76,081
Upstox funds2,76,081
Margin used26.59%

Frequently Asked Questions — UBL MTF

What is the MTF margin for UBL?

Upstox: 26.59%, Zerodha: 26.59%, Dhan: 27.02%. The lowest margin is 26.59% on Upstox, meaning you only need to pay ₹2659 to buy ₹10,000 worth of United Breweries shares.

Which broker is cheapest for UBL MTF?

For margin percentage, Upstox offers the lowest at 26.59% (3.8x 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 UBL 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 UBL on margin?

Yes, United Breweries (UBL) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, 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 UBL 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 UBL?

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 UBL?

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 UBL 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 United Breweries (UBL) Margin Trading

United Breweries (UBL) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 3 major Indian brokers: Upstox, Zerodha, Dhan. MTF allows you to buy UBL shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Upstox offers the best MTF margin of 26.59% for UBL. This means you can buy ₹1,00,000 worth of United Breweries shares by paying just ₹26,590, with Upstox funding the remaining ₹73,410.

MTF Interest Rates for UBL — Broker Comparison

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