At FYERS, we offer Margin Trading Facility (MTF) to help you increase your buying power while keeping costs fully transparent. This article explains the interest rates, pledge and unpledge charges, DP charges, and how you can track all MTF-related costs in your account.
Interest is charged daily based on your total borrowed amount for the day. The rate is determined by the slab your borrowed amount falls under. Although the rates are annual, interest is calculated and accrued daily, then posted weekly to your ledger.
| Total Borrowed Amount (Daily) | Annual Interest Rate | Approx. Daily Rate |
|---|---|---|
| Up to ₹1,000 | 0% | 0% |
| ₹1,000.01 to ₹1,00,000 | 16.49% | 0.0452% |
| ₹1,00,000.01 to ₹10,00,000 | 15.49% | 0.0424% |
| ₹10,00,000.01 to ₹25,00,000 | 14.49% | 0.0397% |
| ₹25,00,000.01 to ₹50,00,000 | 12.49% | 0.0342% |
Each pledge or unpledge instruction for MTF holdings attracts a nominal fee.
| Transaction | Charge |
|---|---|
| Pledge Request | ₹12 |
| Unpledge Request | ₹12 |
DP charges apply when selling MTF positions. The charges are ₹12.50 + GST per stock, per day.
Example: Selling the same stock five times in one day will still incur only one DP charge of ₹12.5 plus GST.
No, we follow SEBI’s True to Label rules. Besides interest, pledge and unpledge charges, DP charges, brokerage, and statutory levies, there are no additional fees.
The MTF (Margin Trading Facility) interest is calculated on a weekly basis, covering the period from Tuesday to Monday. Any MTF positions held during this period accrue interest daily based on the funded amount and the number of days the position remains open.
At the end of each Monday, the total interest accumulated over the week is computed and then posted to the client’s ledger as a separate entry. This helps clients clearly track the exact interest amount charged for their MTF positions during the week.
| Scenario | Solution |
|---|---|
| Your borrowed amount moves to a different slab | Slab rates apply per day. If your borrowings increase for a day, the higher slab rate applies for that day. |
| You place multiple pledge or unpledge requests | Each request attracts a separate ₹12 charge. |
| You sell the same MTF stock several times in one day | You will be charged DP fees only once per ISIN per day. |
| You see unexpected charges | Cross-check whether they are pledge fees, DP charges, or statutory charges. There are no hidden fees. |
| Your ledger does not show daily interest | Interest is accrued daily and posted weekly as a single consolidated entry. |
| You need help reconciling the interest | Export the ledger and contract notes, and contact us for assistance. |
Last updated: 06 Apr 2026