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.
Apart from the 16% interest rate per annum, there are no hidden charges for using MTF. This transparency ensures users can plan their investments without worrying about unexpected costs.
Interest on MTF-funded positions is levied weekly, directly reflected 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.
The interest rate for the Margin Trading Facility (MTF) is 16% 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 ...
Margin Trading Facility (MTF) is a service that allows you to buy shares in CNC/Invest by only paying a part of the total value upfront, called the initial margin. The remaining amount will be funded by FYERS. For instance, if you want to purchase ...