Difference between intraday and MTF

Intraday trading and margin trading facility (MTF) are two separate product types, each with its own structure and benefits depending on your trading style. Intraday trades are meant to be opened and closed on the same day. On the other hand, MTF allows you to borrow funds from a broker to hold shares for as long as you need it. There is no restriction on tenure. Pay Later MTF trades can be funded through pledged stocks or your own capital through brokers like m.Stock. Intraday does not involve any interest or pledge margin and relies fully on existing account funds. Whereas you need to pay interest on MTF as which varies from broker to broker.

How to repay MTF dues?

Generally, the shares you borrow under MTF are placed under the Positions tab. Once you exit these positions or sell them, the borrowed funds are automatically squared off. Once done, the amount is credited or debited to your account as per profit or loss. It means, you don’t have to follow a manual process to clear your MTF dues.

Is pledging required for MTF in mStock?

Pledging is one of the two ways to use MTF . You can pledge shares from your portfolio to receive instant margin credit. If you do not want to pledge, you can also add fresh capital to meet the margin requirement. Once pledged, your shares remain visible and under your control. The margin is applied instantly and can be used for delivery trades. Moreover, you can unpledge your shares anytime using your broker’s app or platform. There is no paperwork, no delay in release, and all pledges comply with SEBI rules.

Which brokers offer MTF in India?

Several SEBI-registered brokers offer Margin Trading Facility in India, including m.Stock by Mirae Asset. m.Stock offers Pay Later MTF with interest rates starting at 8.99% p.a., based on your pledge value and funding usage. MTF at m.Stock can only be used for delivery-based trades in approved stocks. Other brokers also offer MTF, but each one differs in margin benefit, interest structure and stock eligibility. You should compare funding rates, minimum holding requirements and pledge processes, and associated risks and terms before selecting a provider and consider your own risk profile and investment objectives.

How much funding can I avail with Pay Later (MTF)?

You can avail up to 80% of the position you wish to invest in. However, the amount is different for different stocks.

What are brokerage charges for buying/selling using MTF?

m.Stock offers its MTF service with one of the lowest brokerage charges.

Can I use Pay Later (MTF) with Margin pledge? What will be the interests?

Yes. You can use Pay Later (MTF) with Margin pledge to take positions in delivery. The interest charged on the funded amount through Pay Later (MTF) would be 8.99%-14.99% p.a. However, if the client has both cash and pledged shares, in case of a shortfall, the balance will be covered with the pledged amount and interest of 18% p.a. will be charged.

May 22, 2026 | 2 min read

What are the charges for buying/selling using MTF on m.Stock?

Have you heard of margin trading facility (MTF) and wondered how it can enhance your purchasing power? MTF is designed to increase investors' purchasing power by having a minimum amount in the account. However, it's important to understand how they work and the brokerage charges. Keep reading to find out more about MTFs and how they could benefit your trading strategy.

What is Pay Later (MTF)

Pay Later lets you borrow money from a broker to purchase securities with just a click of a button. It's like having a personal genie to amplify your investing power without needing a lamp. So whether you're a seasoned pro or new to trading, Pay Later is your key to unlocking the market's full potential.

Why should you choose m.Stock’s Pay Later facility?

Pay Later gives more buying power to investors, takes it to the next level by providing funding up to 80% of the position in exchange for one of the lowest interest rates of 8.99% p.a.

Let us look at the charges related to MTF on m.Stock:

Charges	Pay Later (MTF)
Interest Rate	8.99%—14.99% p.a.
Brokerage	₹ 10 per order
Subscription Fee	Zero
Pledge Charges	Pledge creation & closure charges will be ₹32 per PSN per day
GST	18% on (brokerage + transaction charges)
DP (Depository Participant) Charges	₹18 + GST per ISIN per transaction per day will be charged as DP charges for sell transactions charged by CDSL & m.Stock

Pay Later (MTF) interest slabs (per day)

Above ₹5 crore 0.0246%
Above ₹25 lakh to ₹5 crore 0.0274%
Up to ₹25 lakh 0.0411%

Here are 6 reasons for you to choose Pay Later (MTF) with m.Stock

Features	m.Stock	Industry
Interest rate	Starting from 8.99% p.a.	Up to 18% p.a.
Holding Period	Unlimited	365 days
Funding %	Up to 80%	50%—70%
Pledge charges	₹32	Up to ₹35
Subscription Charges	₹0	Up to ₹10,000
Hidden Charges	No Hidden Charges	Other subscription charges

How Long Can Beginners Hold Shares Using MTF?

August 11, 2026 | 0 mins read

Many investors enter the stock market with strong conviction about certain stocks, but may not always have enough capital to buy the desired quantity outright. This is where Margin Trading Facility (MTF) has become increasingly popular in India.

How to Add Funds to Your MTF Position Easily?

August 11, 2026 | 0 mins read

Margin Trading Facility (MTF) has become a widely used trading feature among investors who want greater buying power in the stock market without paying the full transaction amount upfront. Instead of funding the entire purchase independently, you contribute an initial margin while the broker finances the remaining portion.

Margin Trading Facility (MTF) vs Personal Loan: Which is Smarter for Leveraged Investing?

July 3, 2026 | 0 mins read

Many investors reach a point where they want to invest more than their available capital. At that stage, you may consider borrowing to invest. Two common ways to do this are using a Margin Trading Facility (MTF) through your broker or taking a personal loan from a bank.

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FAQ

To find the top stocks for Margin Trading, you should look for companies with high liquidity and steady performance. Brokers like m.Stock typically allow MTF on stocks that are easy to buy and sell quickly and reduce the risk while using leverage. Generally, large-cap stocks in the Nifty 50 or Nifty Next 50 are safer because they tend to fluctuate less.

When you choose stocks for MTF, it’s important to check the broker’s approved list and pick scripts that get up to maximum funding. The right stocks will depend on your trading strategy, risk tolerance, and the options provided by your broker.