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What are the charges for buying/selling using MTF on m.Stock?

Have you heard of margin trading facility (MTF) and wondered how it can enhance your purchasing power? MTF is designed to increase investors' purchasing power by having a minimum amount in the account. However, it's important to understand how they work and the brokerage charges. Keep reading to find out more about MTFs and how they could benefit your trading strategy.

What is Pay Later (MTF)

Pay Later lets you borrow money from a broker to purchase securities with just a click of a button. It's like having a personal genie to amplify your investing power without needing a lamp. So whether you're a seasoned pro or new to trading, Pay Later is your key to unlocking the market's full potential.

Why should you choose m.Stock’s Pay Later facility?

Pay Later gives more buying power to investors, takes it to the next level by providing funding up to 80% of the position in exchange for one of the lowest intrest rate of 6.99% p.a.

Let us look at the charges related to MTF on m.Stock:

Charges Pay Later (MTF)
Interest Rate 6.99%—9.99% p.a.
Brokerage ₹ 20 per order
Subscription Fee Zero
Pledge Charges Zero for pledge creation, ₹32 for unpledging shares
GST 18% on (brokerage + transaction charges)
DP (Depository Participant) Charges ₹18 + GST per ISIN per transaction per day will be charged as DP charges for sell transactions charged by CDSL & m.Stock

Pay Later (MTF) interest slabs

  • 6.99% p.a. above ₹5crore
  • 9.99% p.a. up to ₹5crore

Here are 7 reasons for you to choose Pay Later (MTF) with m.Stock

Features m.Stock Industry
Interest rate Starting from 6.99% p.a. Up to 18% p.a.
Holding Period Unlimited 365 days
Funding % Up to 80% 50%—70%
Pledging Pre pledge Post pledge
Pledge charges Zero Up to ₹35
Subscription Charges ₹0 Up to ₹10,000
Hidden Charges No Hidden Charges Other subscription charges

Frequently Asked Questions

You can avail up to 80% of the position you wish to invest in. However, the amount is different for different stocks.

m.Stock offers its MTF service with zero brokerage charges.

Yes. You can use Pay Later with Pledge Shares to take positions in delivery. The interest charged on the funded amount through Pay Later would be 6.99%—9.99% p.a. as per the slab. However, if the client has both cash and pledged shares, in case of a shortfall, the balance will be covered with the pledged amount and interest of 9.99% p.a. will be charged.

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