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 ...
Yes, you need to authorise your MTF holdings via OTP on the day of purchase between 4:00 PM and 9:00 PM. If you do not authorize the holdings within this window, your MTF position will be treated as a normal holding, which could lead to a margin ...
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.