PREMIER EXPLOSIVES LTD (PREMEXPLN) — MTF Margin Comparison
Exchange: NSE · Available on 4 brokers · Updated daily
MTF Margin Comparison — PREMEXPLN
PREMIER EXPLOSIVES LTD — Complete Broker Comparison
| Parameter | Upstox | Zerodha | Groww | Dhan |
|---|---|---|---|---|
| MTF Margin | 43.81% | 50% | 43.81% | 43.81% |
| Leverage | 2.3x | 2.0x | 2.3x | 2.3x |
| You Pay (per ₹1L) | ₹43,810 | ₹50,000 | ₹43,810 | ₹43,810 |
| Broker Funds (per ₹1L) | ₹56,190 | ₹50,000 | ₹56,190 | ₹56,190 |
| 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) |
| Brokerage | 0.1% 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 ISIN | Auto-pledged (included) | ₹30 + GST per ISIN |
| Max Holding Period | 365 days | Unlimited (maintain margins daily) | Unlimited (maintain margins) | Unlimited (maintain margins) |
| Max Borrowing Limit | ₹25 lakh | No published limit | No published limit | ₹1 crore (₹20L per stock) |
| Auto Square-Off | Auto square-off if margin shortfall not met by T+4 | Auto square-off if margin falls below minimum | Auto-liquidation if margin falls below requirement | Auto-liquidation if margin coverage < 20% |
Upstox offers the best margin of 43.81% for PREMEXPLN, while Zerodha requires 50% — a difference of 6.2 percentage points. This means you save ₹6,190 per ₹1 lakh invested by choosing Upstox.
PREMEXPLN MTF Interest Cost Calculator (per ₹1 Lakh Investment)
* 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 PREMEXPLN with MTF?
Frequently Asked Questions — PREMEXPLN MTF
What is the MTF margin for PREMEXPLN?
Which broker is cheapest for PREMEXPLN MTF?
What interest rate do brokers charge on PREMEXPLN MTF?
Can I buy PREMEXPLN on margin?
How long can I hold PREMEXPLN on MTF?
What are the pledge charges for PREMEXPLN?
What happens if margin falls below minimum for PREMEXPLN?
What is the maximum borrowing limit for PREMEXPLN MTF?
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Find the broker with the lowest margin requirement for every stock. Updated daily with real data from Upstox, Zerodha, Groww & Dhan.
About PREMIER EXPLOSIVES LTD (PREMEXPLN) Margin Trading
PREMIER EXPLOSIVES LTD (PREMEXPLN) 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 PREMEXPLN shares by paying only a fraction of the total value, with the broker financing the rest.
Currently, Upstox offers the best MTF margin of 43.81% for PREMEXPLN. This means you can buy ₹1,00,000 worth of PREMIER EXPLOSIVES LTD shares by paying just ₹43,810, with Upstox funding the remaining ₹56,190.
MTF Interest Rates for PREMEXPLN — Broker Comparison
The cost of holding PREMEXPLN 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 PREMEXPLN 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 PREMEXPLN 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 1969+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade PREMEXPLN directly through our Scalper Terminal.