How can I track MTF interest charges in my account?

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• How often is interest charged on MTF positions?

  Interest on MTF-funded positions is levied weekly (7 days). The interest charges are reflected as a consolidated entry in the client's ledger, allowing for straightforward tracking of finance charges.

• Are there any hidden charges associated with MTF other than interest?

  No, there are no hidden charges for using the Margin Trading Facility (MTF) apart from brokerage and statutory charges as outlined in the True to Label circular. This transparency ensures you can plan your investments confidently, without worrying ...

• Are DP charges applicable when selling MTF holdings, and are regulatory charges the same as for CNC?

  Yes, The DP (Depository Participant) charges for selling MTF holdings are ₹3.50 plus 18% GST. Additionally, you may be eligible for discounts based on specific conditions. The details are outlined in the table below: Transaction Type DP Charges (₹) ...

• What are the pledge charges on MTF?

  At FYERS, the following charges apply for MTF (Margin Trading Facility) transactions: Pledge Request: ₹12 per transaction Unpledge Request: ₹12 per transaction These charges are standard for each transaction and help you plan the costs involved in ...

• What happens if I miss the interest payments for using MTF?

  If you miss an interest payment, your MTF trading capability will be temporarily paused. There’s no permanent blacklist for this; simply settle the dues to reactivate your MTF access. For any queries or clarifications, kindly contact support.