VM

VISHAL MEGA MART LIMITED (VMM) - MTF Margin Comparison

Exchange: NSE · Available on 10 brokers · Updated daily

Best MTF Rate: 22.59% on Paytm Money(4.4x leverage)

Fundamentals Snapshot

Large Cap
CMP
₹121
PE
67.2
ROE
12.2%
ROCE
14.8%
P/B
7.61
Mkt Cap
₹56,383 Cr

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

MTF Margin Comparison - VMM

Upstox
29.59%
Margin Required
Leverage3.4x
You Pay2,959
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
25.20%
Margin Required
Leverage4.0x
You Pay2,520
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Dhan
25.00%
Margin Required
Leverage4.0x
You Pay2,500
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited Holding Period
Kotak Neo
25.00%
Margin Required
Leverage4.0x
You Pay2,500
You Get₹10,000
Interest9.95% p.a.
Max HoldNo Time Limit
BEST
Paytm Money
22.59%
Margin Required
Leverage4.4x
You Pay2,259
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Pocketful
30.27%
Margin Required
Leverage3.3x
You Pay3,027
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Fyers
30.30%
Margin Required
Leverage3.3x
You Pay3,030
You Get₹10,000
Interest9.99% p.a.
Max HoldUnlimited
Anand Rathi
29.59%
Margin Required
Leverage3.4x
You Pay2,959
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited
Bajaj Broking
29.00%
Margin Required
Leverage3.4x
You Pay2,900
You Get₹10,000
Interest18% p.a.
Max HoldUnlimited
Share India
29.85%
Margin Required
Leverage3.4x
You Pay2,985
You Get₹10,000
Interest14.99% p.a.
Max HoldUnlimited

VISHAL MEGA MART LIMITED - Complete Broker Comparison

ParameterUpstoxZerodhaDhanKotak NeoPaytm MoneyPocketfulFyersAnand RathiBajaj BrokingShare India
MTF Margin29.59%25.20%25.00%25.00%22.59%30.27%30.30%29.59%29.00%29.85%
Leverage3.4x4.0x4.0x4.0x4.4x3.3x3.3x3.4x3.4x3.4x
You Pay (per ₹1L)29,59025,20025,00025,00022,59030,27030,30029,59029,00029,850
Broker Funds (per ₹1L)70,41074,80075,00075,00077,41069,73069,70070,41071,00070,150
Interest Rate (p.a.)18.25%14.6%12.49%9.95%14.99%5.99%9.99%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/day~₹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/order₹20/order or 0.03%see 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 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)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 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 shortfallAuto square-off on margin shortfall

Paytm Money offers the best margin of 22.59% for VMM, while Fyers requires 30.30% - a difference of 7.71 percentage points. This means you save ₹7,710 per ₹1 lakh invested by choosing Paytm Money.

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

Upstox
Your capital29,590
Broker funds70,410
Daily interest35
30-day cost1,056
Annual cost12,850
Zerodha
Your capital25,200
Broker funds74,800
Daily interest30
30-day cost898
Annual cost10,921
Dhan
Your capital25,000
Broker funds75,000
Daily interest26
30-day cost770
Annual cost9,368
Kotak Neo
Your capital25,000
Broker funds75,000
Daily interest20
30-day cost613
Annual cost7,462
Paytm Money
Your capital22,590
Broker funds77,410
Daily interest32
30-day cost954
Annual cost11,604
Pocketful
Your capital30,270
Broker funds69,730
Daily interest11
30-day cost343
Annual cost4,177
Fyers
Your capital30,300
Broker funds69,700
Daily interest19
30-day cost572
Annual cost6,963
Anand Rathi
Your capital29,590
Broker funds70,410
Daily interest29
30-day cost867
Annual cost10,554
Bajaj Broking
Your capital29,000
Broker funds71,000
Daily interest35
30-day cost1,050
Annual cost12,780
Share India
Your capital29,850
Broker funds70,150
Daily interest29
30-day cost864
Annual cost10,515

* 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 VMM with MTF?

If you invest
10,000
Stock value you hold44,267
Paytm Money funds34,267
Margin used22.59%
If you invest
50,000
Stock value you hold2,21,337
Paytm Money funds1,71,337
Margin used22.59%
If you invest
1,00,000
Stock value you hold4,42,674
Paytm Money funds3,42,674
Margin used22.59%

Frequently Asked Questions - VMM MTF

What is the MTF margin for VMM?

Upstox: 29.59%, Zerodha: 25.20%, Dhan: 25.00%, Kotak Neo: 25.00%, Paytm Money: 22.59%, Pocketful: 30.27%, Fyers: 30.30%, Anand Rathi: 29.59%, Bajaj Broking: 29.00%, Share India: 29.85%. The lowest margin is 22.59% on Paytm Money, meaning you only need to pay ₹2259 to buy ₹10,000 worth of VISHAL MEGA MART LIMITED shares.

Which broker is cheapest for VMM MTF?

For margin percentage, Paytm Money offers the lowest at 22.59% (4.4x 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 VMM 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 VMM on margin?

Yes, VISHAL MEGA MART LIMITED (VMM) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Dhan, Kotak Neo, Paytm Money, Pocketful, Fyers, 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 VMM 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 VMM?

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 VMM?

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 VMM 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.

Compare Other MTF Stocks

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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 VISHAL MEGA MART LIMITED (VMM) Margin Trading

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

Currently, Paytm Money offers the best MTF margin of 22.59% for VMM. This means you can buy ₹1,00,000 worth of VISHAL MEGA MART LIMITED shares by paying just ₹22,590, with Paytm Money funding the remaining ₹77,410.

MTF Interest Rates for VMM - Broker Comparison

The cost of holding VMM 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 VMM 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 VMM 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 2027+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade VMM directly through our Scalper Terminal.