UB

United Breweries (UBL) - MTF Margin Comparison

Exchange: NSE · Available on 9 brokers · Updated daily

Best MTF Rate: 26.50% on Zerodha(3.8x leverage)

Fundamentals Snapshot

Large Cap
CMP
₹1,345
PE
95.1
ROE
8.4%
ROCE
10.7%
Div Yield
0.74%
P/B
7.87
Mkt Cap
₹35,562 Cr

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

MTF Margin Comparison - UBL

Upstox
26.52%
Margin Required
Leverage3.8x
You Pay2,652
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
BEST
Zerodha
26.50%
Margin Required
Leverage3.8x
You Pay2,650
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
26.50%
Margin Required
Leverage3.8x
You Pay2,650
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
30.03%
Margin Required
Leverage3.3x
You Pay3,003
You Get₹10,000
Interest9.69% p.a.
Max HoldNo Time Limit
Paytm Money
26.52%
Margin Required
Leverage3.8x
You Pay2,652
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
26.92%
Margin Required
Leverage3.7x
You Pay2,692
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
26.50%
Margin Required
Leverage3.8x
You Pay2,650
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
28.00%
Margin Required
Leverage3.6x
You Pay2,800
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
26.74%
Margin Required
Leverage3.7x
You Pay2,674
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

United Breweries - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiBajaj BrokingShare India
MTF Margin26.52%26.50%26.50%30.03%26.52%26.92%26.50%28.00%26.74%
Leverage3.8x3.8x3.8x3.3x3.8x3.7x3.8x3.6x3.7x
You Pay (per ₹1L)26,52026,50026,50030,03026,52026,92026,50028,00026,740
Broker Funds (per ₹1L)73,48073,50073,50069,97073,48073,08073,50072,00073,260
Interest Rate (p.a.)18.25%14.6%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₹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 26.50% for UBL, while Kotak Neo requires 30.03% - a difference of 3.53 percentage points.

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

Upstox
Your capital26,520
Broker funds73,480
Daily interest37
30-day cost1,102
Annual cost13,410
Zerodha
Your capital26,500
Broker funds73,500
Daily interest29
30-day cost882
Annual cost10,731
Dhan
Your capital26,500
Broker funds73,500
Daily interest25
30-day cost755
Annual cost9,180
Kotak Neo
Your capital30,030
Broker funds69,970
Daily interest19
30-day cost557
Annual cost6,780
Paytm Money
Your capital26,520
Broker funds73,480
Daily interest30
30-day cost905
Annual cost11,015
Pocketful
Your capital26,920
Broker funds73,080
Daily interest12
30-day cost360
Annual cost4,377
Anand Rathi
Your capital26,500
Broker funds73,500
Daily interest30
30-day cost906
Annual cost11,018
Bajaj Broking
Your capital28,000
Broker funds72,000
Daily interest36
30-day cost1,065
Annual cost12,960
Share India
Your capital26,740
Broker funds73,260
Daily interest30
30-day cost903
Annual cost10,982

* 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 hold37,736
Zerodha funds27,736
Margin used26.50%
If you invest
50,000
Stock value you hold1,88,679
Zerodha funds1,38,679
Margin used26.50%
If you invest
1,00,000
Stock value you hold3,77,358
Zerodha funds2,77,358
Margin used26.50%

Frequently Asked Questions - UBL MTF

What is the MTF margin for UBL?

Upstox: 26.52%, Zerodha: 26.50%, Dhan: 26.50%, Kotak Neo: 30.03%, Paytm Money: 26.52%, Pocketful: 26.92%, Anand Rathi: 26.50%, Bajaj Broking: 28.00%, Share India: 26.74%. The lowest margin is 26.50% on Zerodha, meaning you only need to pay ₹2650 to buy ₹10,000 worth of United Breweries shares.

Which broker is cheapest for UBL MTF?

For margin percentage, Zerodha offers the lowest at 26.50% (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, 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 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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Find the broker with the lowest margin requirement for every stock. Updated daily with real data from Upstox, Zerodha, Groww & Dhan.

About United Breweries (UBL) Margin Trading

United Breweries (UBL) 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 UBL shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Zerodha offers the best MTF margin of 26.50% for UBL. This means you can buy ₹1,00,000 worth of United Breweries shares by paying just ₹26,500, with Zerodha funding the remaining ₹73,500.

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 2026+ 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.

Star investors who hold UBL

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