Other MTF Queries

How is Interest Charged for MTF?

Interest on MTF is calculated based on the funded amount and the number of days you hold the position.

Interest Calculation:

• Interest is charged on the funded amount and the Shares as Margin (SAM) amount (if any) blocked against your MTF positions.
• The interest period starts from the exchange pay-in date (when the settlement occurs) and continues until the payout date (when funds are received).
• Interest is calculated and debited on a daily basis, including weekends and market holidays.

How is Interest Deducted?

• The applicable interest rate depends on your brokerage plan.
• Interest is automatically deducted from your bank or trading account.

To reduce the interest charges, you can either opt for Prime Plans for lower MTF interest rates, or add more margin using the "Add Margin" option to increase your upfront margin and reduce the funded amount, thereby lowering interest costs.