UTLSOLAR (UTLSOLAR) — MTF Margin Comparison
Exchange: NSE · Available on 2 brokers · Updated daily
MTF Margin Comparison — UTLSOLAR
UTLSOLAR — Complete Broker Comparison
| Parameter | Zerodha | Dhan |
|---|---|---|
| MTF Margin | 26.65% | 35% |
| Leverage | 3.8x | 2.9x |
| You Pay (per ₹1L) | ₹26,650 | ₹35,000 |
| Broker Funds (per ₹1L) | ₹73,350 | ₹65,000 |
| Interest Rate (p.a.) | 14.6% | 12.49% |
| Daily Interest Cost | ₹40 per lakh/day | ₹34.2 per lakh/day (up to ₹5L) |
| Brokerage | 0.3% or ₹20/order (whichever is lower) | ₹20 per order |
| Pledge Charges | ₹15 + GST per ISIN | ₹30 + GST per ISIN |
| Max Holding Period | Unlimited (maintain margins daily) | Unlimited (maintain margins) |
| Max Borrowing Limit | No published limit | ₹1 crore (₹20L per stock) |
| Auto Square-Off | Auto square-off if margin falls below minimum | Auto-liquidation if margin coverage < 20% |
Zerodha offers the best margin of 26.65% for UTLSOLAR, while Dhan requires 35% — a difference of 8.4 percentage points. This means you save ₹8,350 per ₹1 lakh invested by choosing Zerodha.
UTLSOLAR MTF Interest Cost Calculator (per ₹1 Lakh Investment)
* 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 UTLSOLAR with MTF?
Frequently Asked Questions — UTLSOLAR MTF
What is the MTF margin for UTLSOLAR?
Which broker is cheapest for UTLSOLAR MTF?
What interest rate do brokers charge on UTLSOLAR MTF?
Can I buy UTLSOLAR on margin?
How long can I hold UTLSOLAR on MTF?
What are the pledge charges for UTLSOLAR?
What happens if margin falls below minimum for UTLSOLAR?
What is the maximum borrowing limit for UTLSOLAR MTF?
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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 UTLSOLAR (UTLSOLAR) Margin Trading
UTLSOLAR (UTLSOLAR) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 2 major Indian brokers: Zerodha, Dhan. MTF allows you to buy UTLSOLAR shares by paying only a fraction of the total value, with the broker financing the rest.
Currently, Zerodha offers the best MTF margin of 26.65% for UTLSOLAR. This means you can buy ₹1,00,000 worth of UTLSOLAR shares by paying just ₹26,650, with Zerodha funding the remaining ₹73,350.
MTF Interest Rates for UTLSOLAR — Broker Comparison
The cost of holding UTLSOLAR 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 UTLSOLAR 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 UTLSOLAR 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 UTLSOLAR directly through our Scalper Terminal.