Yes, MTF orders are subject to three types of charges:

1. Pledging Charges:

• MTF Buy Transaction: You are charged ₹20 (plus GST) as pledging charges by CDSL
• MTF Sell Transaction: You are charged ₹20 (plus GST) as un-pledging charges by CDSL

Note: Stocks bought with MTF are pledged with CDSL to safeguard the interest of the broker in a situation where the client is unable to pay off the borrowed amount. These charges are applicable one time at the end of the day.

2. Interest Charges:

Basic Plan:

• ₹20/day for every slab of ₹40,000 taken as MTF
• Interest charges are applicable per day until you exit the MTF position or until repayment.

Example: If you’ve taken ₹70,000 as Margin Trading Facility, you would pay ₹20/day (for the first ₹40,000) + ₹20/day (for the remaining ₹30,000), totaling ₹40/day.*

Note: The slab is split for every ₹40,000. For any amount more than ₹40,000, a different slab will be applicable. For example, ₹45,000 = 2 slabs (1 slab for ₹40,000, next slab for the remaining ₹5,000). This will be applicable until ₹80,000. If users use more than ₹80,000 up to ₹1,20,000, 3 slabs will be considered, and so on.

Plus Plan:

₹20 per ₹50,000 borrowed (up to ₹1,00,000). Beyond ₹1,00,000, it’s ₹20 per ₹40,000 borrowed.

Example: You’ve taken ₹1,20,000 as Margin Trading Facility. Then you would pay ₹20/day (for the first ₹50,000) + ₹20/day (for the next ₹50,000) + ₹20/day (for the remaining ₹20,000), which is a total charge of ₹60/day. Additionally, for an MTF buy and sell transaction, you will be charged a one-time fee of ₹20 (plus tax) by CDSL as pledging and un-pledging charges. You’ll also be charged a brokerage of up to ₹20/order.

3. Brokerage:

• Up to ₹20 per order

Terms & Conditions Apply: RIGHTS & OBLIGATIONS OF STOCK BROKERS & CLIENTS FOR MARGIN TRADING FACILITY (MTF) - NSE & BSE