No, starting from 8th November 2024, you do not need to manually pledge your MTF holdings. This update follows an NSE circular on direct payouts of securities to client demand accounts, resulting in an automated pledging process at FYERS. Key Points: ...
All interest charges and payments related to MTF are clearly itemized in the 'Ledger' section under 'Reports' in the 'My Account' portal. This makes monitoring your financials straightforward and transparent.
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 (₹) ...
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 ...
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.