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.

What is SMC Global MTF?

SMC Global MTF (Margin Trading Facility) is a product that allows eligible clients to buy Group I equity stocks listed on NSE and BSE by paying only a fraction of the total trade value upfront. SMC funds the remaining amount, and the client repays with interest at 0.049% per day on the outstanding funded amount. The purchased stocks are pledged with SMC as collateral until the position is closed.

What is SMC Global MTF?