Starting June 2, 2025, interest on Margin Trading Facility (MTF) will follow a slab-wise structure based on your daily borrowed amount. This change improves transparency and aligns costs more closely with your actual usage.
This structure ensures lower borrowing costs for smaller usage and proportionate rates for larger trades.
Borrowed amount | Interest rate (p.a.) |
---|---|
Up to ₹1,000 | 0% |
₹1,000.01 – ₹1,00,000 | 16.49% |
₹1,00,000.01 – ₹10,00,000 | 15.49% |
₹10,00,000.01 – ₹25,00,000 | 14.49% |
₹25,00,000.01 – ₹50,00,000 | 12.49% |
Only one rate applies per day based on your total borrowed amount.
Day 1: If you borrow ₹1,000, it falls under the 0% slab, so no interest is charged.
Day 2: If your borrowed amount is increased to ₹1,100. This places him in the 16.49% slab, so the entire ₹1,100 is charged at 16.49% per annum for that day.
This ensures interest remains aligned with your daily usage level.
Other MTF-related charges, such as brokerage, pledge/unpledge fees, and demat debit charges, remain unchanged.
For pricing details, check out the MTF calculator.