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

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• How can I track MTF interest charges in my account?

  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.

• 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.

• What's the maximum amount I can invest using MTF?

  Each trader using MTF at FYERS will get an exposure of up to ₹25 lakh (updated from 11th December 2024). This limit is designed to help you leverage your investment strategies effectively while managing risks wisely.

• 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 ...

• What is the interest rate for MTF, and does it vary across different holding periods?

  The interest rate for the Margin Trading Facility (MTF) is 18% per annum, applicable uniformly across various holding periods including BTST (Buy Today Sell Tomorrow), swing trading, and long-term investments. This consistent interest rate simplifies ...