Groww MTF charges & interest
What the broker charges to finance a delivery position, and which other costs sit outside interest. Standard tariffs from dated official disclosures; introductory offers are excluded.
MTF interest applies to the amount financed by Groww, excluding your own contribution. The chargeable-day convention matters: the same buy and sell dates can produce different interest periods at different brokers. This page estimates interest on a fixed funded balance.
MTF facts checked throughStandard MTF charges
Official source · Verified| Cost / convention | Published terms and source |
|---|---|
| Published interest | 14.95% per year on the funded balanceOfficial source · Verified |
| Annual day basis | Annual percentage divided by 365. This is the calculation basis.Official source · Verified |
| Approximate daily quote | ≈0.041% per day as quoted. Approximate display context; the annual formula drives the estimate.Official source · Verified |
| Interest days / posting | Interest accrues on the end-of-day outstanding funded balance and is charged monthly or when positions exit, whichever is earlier (terms, section 12).Official source · Verified |
| Brokerage | 0.1% of order value per MTF order.Official source · Verified |
| Pledge | ₹20 per ISIN per pledge order; GST treatment is not specified in this pricing row.Official source · Verified |
| Unpledge | ₹20 per ISIN per unpledge order; GST treatment is not specified in this pricing row.Official source · Verified |
Interest illustration: ₹1 lakh funded for 30 chargeable days
₹1,228.77
₹1,00,000 × 30 × 14.95% /100 /365. Estimated simple interest only, rounded at the final display. This assumes the funded balance stays constant; 30 means chargeable days under the broker’s convention, not a calculated buy-to-sell holding period.
Costs and risks beyond interest
The illustration excludes brokerage, taxes, DP/pledge charges, recurring fees and penalties. The table’s pledge units matter: a per-ISIN request and a purchase-day batch are different charging rules. Ordinary delivery and collateral-pledge tariffs should not silently replace MTF terms.
Borrowing increases exposure to a stock’s price changes. Interest remains payable when the investment falls, and the broker may sell positions if required margins are not maintained. No return forecast, collateral haircut, margin requirement or liquidation threshold is calculated here. Do not treat a quoted funding multiple or holding period as guaranteed.
Stock eligibility and funding limits can change. No eligible-stock list is replicated here; check the broker’s current MTF disclosure and trading app before placing an order.
Activation requirements and account-specific eligibility are not verified here unless shown above. Confirm them directly with Groww. Tariffs can change after the displayed verification date.
Groww MTF FAQ
The recorded standard MTF rate is 14.95% per year, calculated using the annual rate divided by 365 on the broker-funded balance. The published daily quote of approximately 0.041% is display context; the annual formula determines the estimate. Conditional introductory offers are excluded from this standard-rate page.
Interest accrues on the end-of-day outstanding funded balance and is charged monthly or when positions exit, whichever is earlier (terms, section 12).
0.1% of order value per MTF order.
Pledge: ₹20 per ISIN per pledge order; GST treatment is not specified in this pricing row. Unpledge: ₹20 per ISIN per unpledge order; GST treatment is not specified in this pricing row. These are MTF cost descriptions; do not substitute an ordinary collateral-pledge schedule.
Use the actual amount financed by the broker, excluding your own contribution. For a fixed balance, multiply funding by whole chargeable days and the daily rate divided by 100. For this annual tariff, first divide 14.95% by 365. Retain precision until the final display. Changing balances, default interest and compounding need a different calculation.
No. Interest excludes brokerage, taxes, DP/pledge costs, recurring fees and penalties. MTF is borrowing to invest: interest is payable even when the investment falls, and the broker may sell positions if required margins are not maintained. This page does not assess suitability, predict returns or calculate collateral and liquidation thresholds.