Groww MTF Review

• Buy stocks by paying only a fraction (as low as 25%) of the order amount while Groww funds the rest.
• Get up to 4x buying power on approved stocks to increase your purchasing power.
• Interest rate of 0.041% per day (14.95% per annum) is charged only on the funded amount by Groww.
• Hold MTF positions as long as you want, unless Groww squares it off due to margin shortfall.
• Automatic pledge system - shares bought under MTF are now auto-pledged on Groww.
• Capitalise on short-term market fluctuations with higher leverage.
• Convert MTF positions to delivery holdings anytime by paying the remaining amount.
• Brokerage of 0.1% per orders charged on the total order value.

The following are the steps to activate Groww MTF:

1. Choose the stock you want to buy.
2. Switch to the "MTF" option on the order cart.
3. Agree to the Terms & Conditions by marking the checkbox, then click on "Activate MTF."
4. Enter the quantity of shares you wish to purchase and click "Buy."
5. Your stocks bought through MTF are auto-pledged now.
6. You're all set! Your MTF transaction is complete.
7. Track positions in the "Positions" tab next to the "Explore" tab.
8. Verify your MTF positions between 4 PM and 8 PM on the same day.
9. Monitor margin requirements regularly to avoid forced square-offs.

Check the eligible stocks list for MTF

1. Open the Groww website, then scroll to the bottom of the page.
2. Click on the MTF option
3. Look for Stocks available with MTF
4. Click on See available stocks

Groww MTF is suitable for investors who:

• Want to build or scale positions in approved stocks using partial capital and are comfortable with leverage and associated risks.
• Seek to capitalise on short-term market opportunities with increased buying power.
• Understand and can manage the risks of higher leverage, including magnified losses and interest costs.
• Can monitor their positions regularly and respond quickly to margin calls.

Pros of Groww MTF (Pay Later)

• Enables buying stocks by paying only around 25% of the order value, with the rest funded by Groww, giving up to 4x leverage on approved stocks.
• Interest is charged only on the funded portion (not on your own margin), at 0.041% per day (14.95% per annum).
• Facility works in the delivery (Cash and Carry) segment, so you can hold MTF positions as long as margin requirements are met and there is no forced square-off.
• Shares bought through MTF are auto‑pledged, simplifying the pledge process for users.
• You can convert MTF positions to normal delivery by paying the remaining funded amount at any time.
• Brokerage is a flat 0.1% per order on the total order value, which is transparent and easy to understand.

Cons of Groww MTF (Pay Later)

• Higher leverage amplifies risk, leading to magnified percentage losses on your capital when stock prices move against you.
• MTF is available only for a limited list of eligible stocks and is not allowed for F&O positions.
• Mandatory same‑day verification of MTF positions (between 4 PM and 8 PM) adds an extra operational step; failure may result in full payment demand or square‑off.
• Margin shortfall due to price fall or higher haircuts can trigger urgent fund requirements or forced square‑offs by the broker.
• Pledge and unpledge charges of Rs 20 per order each add to the overall cost of using the facility.

Groww MTF (Pay Later) is a useful facility for traders and investors who understand leverage and want to enhance buying power in delivery trades with a relatively simple, app‑based flow. However, the daily interest costs, margin risks, verification requirements, and additional pledge charges make it best suited for disciplined, experienced users who actively monitor positions rather than long‑term passive investors.

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