{"id":2485,"date":"2026-06-09T08:48:51","date_gmt":"2026-06-09T08:48:51","guid":{"rendered":"https:\/\/shoonya.com\/faq\/?p=2485"},"modified":"2026-09-07T03:21:07","modified_gmt":"2026-09-07T03:21:07","slug":"charges-for-using-mtf","status":"publish","type":"post","link":"https:\/\/shoonya.com\/faq\/mtf\/charges-for-using-mtf\/","title":{"rendered":"What are the charges for using MTF?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The charges associated with MTF are as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Interest: <strong>\u20b95 per day for every \u20b910,000 or part thereof funded.<\/strong> Interest is applied from T+1 day until the stocks are sold.<\/li>\n\n\n\n<li>Brokerage: <strong>\u20b95 or 0.03%, <\/strong>whichever is lower. Statutory charges may apply.<\/li>\n\n\n\n<li>RMS square-off charges: Nil<\/li>\n\n\n\n<li>Pledge and unpledge charges: MTF stocks are automatically pledged when bought and unpledged when sold. \u20b920 + GST per ISIN per pledge request. \u20b920 + GST per ISIN per unpledge request. Charges apply once per ISIN per day.<\/li>\n\n\n\n<li><strong>Invocation Charges: \u20b920 + GST per ISIN. Applicable only if a margin shortfall forces liquidation.<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Example scenario<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;If you buy the same stock (e.g., ABC) using MTF multiple times on the same day, \u20b920 + GST is charged only once.&nbsp;<\/li>\n\n\n\n<li>If you buy ABC again on another day, \u20b920 + GST will be charged again.&nbsp;<\/li>\n\n\n\n<li>If you buy a different stock (e.g., XYZ) on the same day, \u20b920 + GST will be charged separately.&nbsp;<\/li>\n\n\n\n<li>When you sell the stocks, unpledge charges apply per ISIN per day of purchase.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The charges associated with MTF are as follows: Example scenario&nbsp;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[186],"tags":[],"class_list":["post-2485","post","type-post","status-publish","format-standard","hentry","category-mtf","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/posts\/2485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/comments?post=2485"}],"version-history":[{"count":2,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/posts\/2485\/revisions"}],"predecessor-version":[{"id":2966,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/posts\/2485\/revisions\/2966"}],"wp:attachment":[{"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/media?parent=2485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/categories?post=2485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shoonya.com\/faq\/wp-json\/wp\/v2\/tags?post=2485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}