Interest Charges Frequency for MTF with FYERS

How often is interest charged on MTF positions?

Interest on Margin Trading Facility (MTF) positions is charged on a daily basis but is deducted once every 7 days as a consolidated entry. This means your daily usage is recorded, and the total interest is reflected in your ledger weekly.

How MTF Interest Works

  • Daily Charging:
    Interest is calculated every day based on your open MTF positions and applicable rate.
  • Weekly Deduction:
    The total interest accrued over a 7-day period is deducted from your account in one go.
  • Tracking:
    You’ll find a weekly ledger entry reflecting the combined interest charge for the past 7 days.

What If…

ScenarioWhat You Should Know
You hold positions longer than a weekDaily interest continues, and each 7-day cycle brings a new deduction.
You don’t see a charge immediatelyWait until the 7th day; only then will the consolidated charge reflect.
You want to limit interestConsider closing positions earlier in the cycle to reduce daily accumulation.
Tip: Plan your trades and exit timing to stay ahead of interest cycles and keep funding costs low.
Last updated: 12 Jun 2025
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