Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
The Margin Trading Facility (MTF)or Pay Later (MTF) on m.Stock allows users to buy stocks by borrowing money from the broker. With m.Stock, traders can obtain up to 80% financing for over 700 stocks at an interest rate of only 6.99% p.a above ₹5 crore.
If you are looking out for funding from 25 lakh to Rs 5 crores, your interest rate will be 9.99% p.a. and for funding up to Rs 25 lakh the interest rate is 14.99% p.a.
The Pay Later (MTF) process involves pledging shares before buying, placing an order and taking advantage of one of the lowest interest rates in the industry, making it extremely competitive. There are no hidden costs and the holding period of the shares is unlimited.
