MTFTerminalFII/DIIMarketsFunds
IF

IFCI (IFCI) — MTF Margin Comparison

Exchange: NSE · Available on 4 brokers · Updated daily

Best MTF Rate: 33.5% on Groww(3.0x leverage)

MTF Margin Comparison — IFCI

Upstox
39.36%
Margin Required
Leverage2.5x
You Pay₹3,936
You Get₹10,000
Interest18.25% p.a.
Max Hold365 days
Zerodha
39.36%
Margin Required
Leverage2.5x
You Pay₹3,936
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
BEST
Groww
33.5%
Margin Required
Leverage3.0x
You Pay₹3,350
You Get₹10,000
Interest14.95% p.a.
Max HoldUnlimited
Dhan
39.36%
Margin Required
Leverage2.5x
You Pay₹3,936
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited

IFCI — Complete Broker Comparison

ParameterUpstoxZerodhaGrowwDhan
MTF Margin39.36%39.36%33.5%39.36%
Leverage2.5x2.5x3.0x2.5x
You Pay (per ₹1L)₹39,360₹39,360₹33,500₹39,360
Broker Funds (per ₹1L)₹60,640₹60,640₹66,500₹60,640
Interest Rate (p.a.)18.25%14.6%14.95%12.49%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day₹41 per lakh/day₹34.2 per lakh/day (up to ₹5L)
Brokerage0.1% or ₹20/order (whichever is lower)0.3% or ₹20/order (whichever is lower)₹20 per order (flat)₹20 per order
Pledge Charges₹20 per stock (one-time)₹15 + GST per ISINAuto-pledged (included)₹30 + GST per ISIN
Max Holding Period365 daysUnlimited (maintain margins daily)Unlimited (maintain margins)Unlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limitNo published limit₹1 crore (₹20L per stock)
Auto Square-OffAuto square-off if margin shortfall not met by T+4Auto square-off if margin falls below minimumAuto-liquidation if margin falls below requirementAuto-liquidation if margin coverage < 20%

Groww offers the best margin of 33.5% for IFCI, while Upstox requires 39.36% — a difference of 5.9 percentage points. This means you save ₹5,860 per ₹1 lakh invested by choosing Groww.

IFCI MTF Interest Cost Calculator (per ₹1 Lakh Investment)

Upstox
Your capital₹39,360
Broker funds₹60,640
Daily interest₹30
30-day cost₹910
Annual cost₹11,067
Zerodha
Your capital₹39,360
Broker funds₹60,640
Daily interest₹24
30-day cost₹728
Annual cost₹8,853
Groww
Your capital₹33,500
Broker funds₹66,500
Daily interest₹27
30-day cost₹817
Annual cost₹9,942
Dhan
Your capital₹39,360
Broker funds₹60,640
Daily interest₹21
30-day cost₹623
Annual cost₹7,574

* Interest calculated on broker-funded amount only. Actual cost depends on daily closing balance. Rates may vary — verify with your broker.

How Much Can You Invest in IFCI with MTF?

If you invest
₹10,000
Stock value you hold₹29,851
Groww funds₹19,851
Margin used33.5%
If you invest
₹50,000
Stock value you hold₹1,49,254
Groww funds₹99,254
Margin used33.5%
If you invest
₹1,00,000
Stock value you hold₹2,98,507
Groww funds₹1,98,507
Margin used33.5%

Frequently Asked Questions — IFCI MTF

What is the MTF margin for IFCI?

Upstox: 39.36%, Zerodha: 39.36%, Groww: 33.5%, Dhan: 39.36%. The lowest margin is 33.5% on Groww, meaning you only need to pay ₹3350 to buy ₹10,000 worth of IFCI shares.

Which broker is cheapest for IFCI MTF?

For margin percentage, Groww offers the lowest at 33.5% (3.0x leverage). However, for interest cost, Dhan starts at 12.49% p.a., Zerodha charges ~14.6% p.a., Groww charges 14.95% p.a., and Upstox charges ~18.25% p.a. The total cost depends on both margin percentage and interest rate — compare both before choosing.

What interest rate do brokers charge on IFCI MTF?

Dhan: 12.49% p.a. (lowest, tiered up to 16.49%). Zerodha: ~14.6% p.a. (₹40 per lakh/day). Groww: 14.95% p.a. (₹41 per lakh/day). Upstox: ~18.25% p.a. (₹20 per ₹40K slab/day). Interest accrues from T+1 on the broker-funded amount until you sell.

Can I buy IFCI on margin?

Yes, IFCI (IFCI) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Groww, Dhan. MTF allows you to buy shares by paying only a fraction of the total value. The broker funds the rest and charges daily interest on the funded amount.

How long can I hold IFCI on MTF?

Upstox: maximum 365 days. Zerodha, Groww, and Dhan: unlimited holding period as long as you maintain the required margins daily. If your margin falls below the minimum, the broker will auto-liquidate your position.

What are the pledge charges for IFCI?

Upstox: ₹20 per stock (one-time). Zerodha: ₹15 + GST per ISIN. Dhan: ₹30 + GST per ISIN. Groww: auto-pledged (included in the process). Pledge charges are per ISIN, not per trade — you pay once regardless of quantity.

What happens if margin falls below minimum for IFCI?

All brokers will auto-liquidate your MTF position if margin maintenance is not met. Upstox gives until T+4 to top up. Zerodha and Groww require same-day/next-day top-up. Dhan auto-liquidates if coverage falls below 20%. Always maintain adequate margins to avoid forced sell-off.

What is the maximum borrowing limit for IFCI MTF?

Dhan: up to ₹1 crore total (₹20 lakh per stock). Upstox: up to ₹25 lakh total. Zerodha and Groww: no published maximum limit. Actual leverage depends on the stock's margin requirement set by the exchange.

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About IFCI (IFCI) Margin Trading

IFCI (IFCI) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 4 major Indian brokers: Upstox, Zerodha, Groww, Dhan. MTF allows you to buy IFCI shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Groww offers the best MTF margin of 33.5% for IFCI. This means you can buy ₹1,00,000 worth of IFCI shares by paying just ₹33,500, with Groww funding the remaining ₹66,500.

MTF Interest Rates for IFCI — Broker Comparison

The cost of holding IFCI on MTF depends primarily on the interest rate charged by your broker on the funded amount. Dhan offers the lowest starting rate at 12.49% p.a. (₹34.2 per lakh/day), followed by Zerodha at ~14.6% p.a., Groww at 14.95% p.a., and Upstox at ~18.25% p.a.

When choosing a broker for IFCI MTF, consider both the margin percentage (which determines how much capital you need) and the interest rate (which determines your holding cost). A broker with a slightly higher margin but lower interest rate may be cheaper overall for longer holding periods.

Holding Period & Square-Off Rules

Upstox allows holding IFCI on MTF for up to 365 days. Zerodha, Groww, and Dhan offer unlimited holding as long as you maintain the required margins daily. If your margin falls below the minimum, all brokers will automatically square off your position. Upstox gives a buffer until T+4, while Dhan auto-liquidates when coverage falls below 20%.

Pledge & Brokerage Charges

MTF trades are settled via pledge mechanism — your shares are pledged to the broker as collateral. Pledge charges: Upstox ₹20/stock, Zerodha ₹15+GST/ISIN, Dhan ₹30+GST/ISIN, Groww auto-pledges at no extra charge. Brokerage: Zerodha charges 0.3% or ₹20 (whichever is lower), Upstox 0.1% or ₹20, Groww and Dhan charge ₹20 flat per order.

Looking for more stocks? Browse our complete MTF stocks directory with 1869+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade IFCI directly through our Scalper Terminal.