UD

Updater Services Limited (UDS) - MTF Margin Comparison

Exchange: NSE · Available on 7 brokers · Updated daily

Best MTF Rate: 34.93% on Zerodha(2.9x leverage)

Fundamentals Snapshot

Small Cap
CMP
₹194
PE
14.6
ROE
8.9%
ROCE
10.0%
P/B
1.24
Mkt Cap
₹1,301 Cr

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

MTF Margin Comparison - UDS

BEST
Zerodha
34.93%
Margin Required
Leverage2.9x
You Pay3,493
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
40.00%
Margin Required
Leverage2.5x
You Pay4,000
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
100.00%
Margin Required
Leverage1.0x
You Pay10,000
You Get₹10,000
Interest9.69% p.a.
Max HoldNo Time Limit
Paytm Money
40.00%
Margin Required
Leverage2.5x
You Pay4,000
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
35.34%
Margin Required
Leverage2.8x
You Pay3,534
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Anand Rathi
34.93%
Margin Required
Leverage2.9x
You Pay3,493
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Share India
35.26%
Margin Required
Leverage2.8x
You Pay3,526
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

Updater Services Limited - Complete Broker Comparison

ParameterZerodhaDhanKotak NeoPaytm MoneyPocketfulAnand RathiShare India
MTF Margin34.93%40.00%100.00%40.00%35.34%34.93%35.26%
Leverage2.9x2.5x1.0x2.5x2.8x2.9x2.8x
You Pay (per ₹1L)34,93040,0001,00,00040,00035,34034,93035,260
Broker Funds (per ₹1L)65,07060,000060,00064,66065,07064,740
Interest Rate (p.a.)14.6%12.49%9.69%14.99%5.99%14.99%14.99%
Daily Interest Cost₹40 per lakh/day₹34.2 per lakh/day (up to ₹5L)~₹27 per lakh/dayslab-based~₹27 per lakh/daysee brokersee broker
Brokerage0.3% or Rs. 20/executed order, whichever is lower₹20 per order₹20/order or 0.1%₹20/order or 0.05%₹20/ordersee planplan-based
Pledge Charges₹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 ISIN
Max Holding PeriodUnlimited (maintain margins daily)Unlimited Holding PeriodNo Time LimitUnlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing LimitNo published limit₹1 crore (₹20L per stock)No published limitNo published limitNo published limitNo published limitNo published limit
Auto Square-OffAuto 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 shortfall

Zerodha offers the best margin of 34.93% for UDS, while Kotak Neo requires 100.00% - a difference of 65.07 percentage points. This means you save ₹65,070 per ₹1 lakh invested by choosing Zerodha.

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

Zerodha
Your capital34,930
Broker funds65,070
Daily interest26
30-day cost781
Annual cost9,500
Dhan
Your capital40,000
Broker funds60,000
Daily interest21
30-day cost616
Annual cost7,494
Kotak Neo
Your capital1,00,000
Broker funds0
Daily interest0
30-day cost0
Annual cost0
Paytm Money
Your capital40,000
Broker funds60,000
Daily interest25
30-day cost739
Annual cost8,994
Pocketful
Your capital35,340
Broker funds64,660
Daily interest11
30-day cost318
Annual cost3,873
Anand Rathi
Your capital34,930
Broker funds65,070
Daily interest27
30-day cost802
Annual cost9,754
Share India
Your capital35,260
Broker funds64,740
Daily interest27
30-day cost798
Annual cost9,705

* 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 UDS with MTF?

If you invest
10,000
Stock value you hold28,629
Zerodha funds18,629
Margin used34.93%
If you invest
50,000
Stock value you hold1,43,143
Zerodha funds93,143
Margin used34.93%
If you invest
1,00,000
Stock value you hold2,86,287
Zerodha funds1,86,287
Margin used34.93%

Frequently Asked Questions - UDS MTF

What is the MTF margin for UDS?

Zerodha: 34.93%, Dhan: 40.00%, Kotak Neo: 100.00%, Paytm Money: 40.00%, Pocketful: 35.34%, Anand Rathi: 34.93%, Share India: 35.26%. The lowest margin is 34.93% on Zerodha, meaning you only need to pay ₹3493 to buy ₹10,000 worth of Updater Services Limited shares.

Which broker is cheapest for UDS MTF?

For margin percentage, Zerodha offers the lowest at 34.93% (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 UDS 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 UDS on margin?

Yes, Updater Services Limited (UDS) is available for Margin Trading Facility (MTF) on Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, 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 UDS 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 UDS?

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 UDS?

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 UDS 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 Updater Services Limited (UDS) Margin Trading

Updater Services Limited (UDS) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 7 major Indian brokers: Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Anand Rathi, Share India. MTF allows you to buy UDS shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Zerodha offers the best MTF margin of 34.93% for UDS. This means you can buy ₹1,00,000 worth of Updater Services Limited shares by paying just ₹34,930, with Zerodha funding the remaining ₹65,070.

MTF Interest Rates for UDS - Broker Comparison

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