What is the interest rate on MTF and how is it calculated?
Our MTF (Margin Trading Facility) interest rates start as low as 14.99% per annum, making them some of the most competitive in the industry. The higher the funding availed, the lower the cost.
Funding Amount | Annual Interest Rate | Per Day Rate | Cost per Day for ₹50,000 Funding |
---|---|---|---|
Above ₹1 Crore | 14.99% | 0.041% | ₹20.53 |
₹75 Lakhs to ₹1 Crore | 15.99% | 0.044% | ₹21.90 |
₹50 Lakhs to ₹75 Lakhs | 17.99% | 0.049% | ₹24.64 |
₹25 Lakhs to ₹50 Lakhs | 19.99% | 0.055% | ₹27.38 |
Less than ₹25 Lakhs | 21.99% | 0.060% | ₹30.12 |
How is Interest calculated:
Interest is calculated on the end of the day Debit balance and posted to the clients' ledger on a weekly basis on the Net Debit in the MTF Account (MTF ledger balance - Cash Margin)
Illustration
Date | MTF Ledger balance | Cash Margin | Net Debit | Interest @ 14.99% |
(A) | (B) | C (B-A) | ||
01-06-2025 | 1 Cr | 20 lacs | 80 lacs | 3285 |
02-06-2025 | 1.1 Cr | 30 lacs | 80 lacs | 3285 |
03-06-2025 | 1.05 Cr | 1.1 Cr | -5 lacs | NIL |
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article
Related articles
Still need help?