What happens if I miss the interest payments for using MTF?
If you miss an interest payment, your MTF trading capability will be temporarily paused. There’s no permanent blacklist for this; simply settle the dues to reactivate your MTF access.
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.
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.
Each trader using MTF at FYERS will get an exposure of up to ₹10 lakh. This limit is designed to help you leverage your investment strategies effectively while managing risks wisely.
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 ...
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 ...