SBI Securities MTF Review

• Up to 4X Leverage: Funding of up to 75% of the stock value, allowing larger position sizes.
• Low Margin Requirement: Start trading with as low as 25% upfront margin.
• Interest-Free Period: 0% interest for the first 23 trading days.
• Competitive Interest Rate: 0.04% per day after the interest-free period.
• Long Holding Period: Positions can be carried forward for up to 365 trading days.
• Wide Stock Universe: Access to 700+ approved stocks on NSE & BSE.
• Delivery Conversion Option: MTF positions can be converted into delivery by paying the remaining amount.
• Flexible Exit: Positions can be squared off anytime before the expiry period.

Steps to place an MTF Trade in SBI Securities:

• Step 1: Login - Log in to the SBI Securities mobile app.
• Step 2: Choose the Stock - Select the stock you want to buy from the approved MTF list.
• Step 3: Select E-Margin - Choose “E-Margin” as the product type and place your order.

Your leveraged position will be executed subject to eligibility and margin availability.

How to Check the MTF Stocks Position?

1. Log in to Your Trading App
Open the SBI Securities mobile app or trading platform.

2. Go to “Carried Forward Positions”
Navigate to the Carried Forward Positions tab to view your active MTF positions.

3. Monitor Key Details
Inside this section, you can track:
• Unrealised Profit & Loss (P&L)
• The date from which interest charges will apply (if applicable)
• Remaining holding period for your position

4. Square Off Anytime
You can close (square off) your position anytime to book profits or limit losses.

5. Convert to Delivery (Optional): If you wish to hold the shares long term, simply add the remaining funds and convert your MTF position into delivery.

How to Convert MTF Positions to Delivery in SBI Securities?

1. Log in to the SBI Securities mobile app or web trading platform by visiting https://www.sbismart.com
2. Navigate to the Carried Forward or Open Positions section from the main dashboard.
3. Identify the MTF (E-Margin) position you want to convert into delivery.
4. Click on the Convert to Delivery or CNC option available under the position details. If the option is not directly visible, check under the Actions or More menu.
5. To convert the position into delivery, you must pay the remaining amount (the portion funded under MTF). Ensure sufficient funds are available in your trading account.
6. Review the details and confirm the request. Once processed, the shares will move to your delivery holdings.

Pros:

• Interest-free period provides cost advantage for short-term trades.
• High leverage (up to 4X) enhances buying power.
• Option to convert to delivery for long-term holding.
• Backed by a trusted PSU brand (SBI Group).

Cons:

• Limited to approved stock list only (not all stocks eligible).
• Pledge process required, adding an extra step.
• Risk of margin calls during market volatility.
• Not suitable for intraday or short-term BTST strategies.

SBI Securities MTF (E-Margin) is a flexible leverage facility offering up to 4X buying power, 0% interest for 23 trading days, and a long holding period of 365 trading days. With access to 700+ approved stocks and full dividend benefits, it is suitable for investors looking to maximise capital efficiency while maintaining control over their positions.

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