*Investments in the securities market are subject to market risks. Read all the documents carefully before investing.
*Investments in the securities market are subject to market risks.
Read all the documents carefully before investing.
Enjoy an interest rate as low as 0.0265% per day
Buy stocks by paying only a fraction of the order amount
Trade across a wide range of 1400+ stocks
Utilise exclusive, research-backed recommendations
Get short term investment ideas backed by research
| Brokerage Plan |
MTF Interest Rates (Per Annum) |
MTF Interest Rates (Per Day) |
Delivery Brokerage |
|---|---|---|---|
|
₹ 9,999
ONE TIME
|
9.65% | 0.0265% | 0.07% |
|
₹ 4,999
ONE TIME
|
9.65% | 0.0265% | 0.10% |
|
₹ 999
ONE TIME
|
17.99% | 0.0492% | 0.22% |
|
Default Plan
|
17.99% | 0.0492% | 0.29% |
A charge of ₹25 + GST applies per pledge/unpledge transaction.
Leverage amplifies both profits and losses. Get a clear understanding of the risks involved.
Track MTF positions regularly to stay aligned with margin requirements.
MTF positions can be held for up to 360 days. Plan your trades accordingly.
Go to the Watchlist > Search for the stock you wish to buy > Click B.
Select Delivery > Enter order details > Toggle "Pay Later"
Check required margin > Click Buy
View your current positions under Open Positions:
Search or select your desired stock and click Buy.
Select Delivery > Toggle "Pay Later" > Enter order details
Review Order Details > Swipe to Buy purchase.
Check Open Positions to monitor your MTF holdings.
The securities are quoted as an example and not as a recommendation.
Use your existing Shares as Margin (SAM) instead of cash to buy stocks with MTF
Go to Stocks → Funds → Shares as Margin
Enter the quantity of the stocks you want to pledge.
To create limits, select the equity segment, enter the OTP, and submit.
Trading limits are created instantly and visible under Securities Allocation.
MTF (Margin Trading Facility) helps you buy stocks by paying only a part of the total value, known as the initial margin. The remaining amount is funded by ICICI Direct.
Points to note:
Let’s assume you find an investment or trading opportunity worth ₹4,00,000, but you have only ₹1,00,000 available in your bank account. Normally, you wouldn’t be able to take this position.
However, with MTF offering up to 4× leverage (subject to stock eligibility), you can take the position.
Illustration
The funded amount attracts interest, starting as low as 9.65% per annum, depending on your brokerage plan. This position can be held for up to 360 days.
Interest under MTF is charged on the funded amount for the number of days the position is held. At ICICI Direct, the interest rate goes as low as 9.65% p.a., depending on your brokerage plan. Interest calculation begins from the exchange pay-in date (T+1 day) and continues until the T+1 day of settlement after the position is squared off.
Interest is calculated on a daily basis, including weekends and non-working days.
Example: If you buy shares worth ₹4,00,000 using ₹1,00,000 of your own funds, ICICI Direct funds the remaining ₹3,00,000.
You can use the MTF Calculator to estimate charges in advance.
ICICI Direct offer MTF on 1400+ stocks. You can view the stock list to check which stocks are eligible for MTF.
Shares purchased under MTF can be held for up to 360 days. To avoid square-off due to a margin shortfall, ensure that you maintain adequate margins and monitor your positions regularly.
* Interest rate depends on your brokerage plan
