Details of Bank

Designated bank account details for client dealings
Name Of Bank Address Of Bank Branch Name Account Number PAN IFSC Code Account Name
HDFC Bank B.B.D Bag, East, Kolkata Stephen House 00080340040502 AAOCS1879E HDFC0000008 Gretex Share Broking Limited USCNB Account

Investors are requested to note that Stock broker Gretex Share Broking Ltd. is permitted to receive money from investor through designated bank accounts only named as Up streaming Client Nodal Bank Account (USCNBA). Stock broker Gretex Share Broking Ltd. is also required to disclose these USCNB accounts to Stock Exchange. Hence, you are requested to use following USCNB accounts only for the purpose of dealings in your trading account with us. The details of these USCNB accounts are also displayed by Stock Exchanges on their website under Know / Locate your Stock Broker.

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MTF Calculator

Margin Trading Facility - Leveraged investing with borrowed funds

About MTF Calculator

The Margin Trading Facility (MTF) Calculator shows costs and returns of buying stocks with broker funding. MTF lets you leverage � buy more than your capital � but daily interest and amplified risk must be evaluated.

See margin required, amount borrowed, daily interest, and net returns after all costs. Essential for deciding if leveraged investing fits your situation.

How MTF Works

You provide 20�50% margin; broker lends 50�80%. Daily interest on borrowed amount (12�18% p.a.). Can hold days/weeks (not just intraday). Interest debited from trading account; compounds if unpaid.

Example: ₹1L stock, 25% margin = ₹25K yours, ₹75K borrowed. At 15% p.a., daily interest ~₹31. Sell: (Sale - Buy) - Interest - Charges = Net P&L.

Benefits & Risks

Leverage 2�4x; hold longer than intraday; no daily square-off; participate in medium-term moves. But interest eats profits daily; losses amplified; margin calls; forced liquidation risk.

Who Should Use

Suitable for experienced traders, high-conviction swing traders (5�30 days), those with insufficient capital. NOT for beginners, risk-averse investors, long-term buy-and-hold. Use only if: strong reason for trade, target achievable in 2�4 weeks, can afford to lose margin, stock liquid. Avoid speculative/penny stocks.

Example

₹2L stock, 25% margin (₹50K yours), 20 days, 15% interest: Scenario A - Stock +10%: Net profit ₹18,367 (36.7% ROI on margin). Scenario B - Stock -5%: Net loss ₹11,633 (-23.3%). Scenario C - Stock flat: Net loss ₹1,633 (-3.3%). MTF amplifies: 3.67x profit, 4.66x loss vs no leverage.

Key insight: Even with no price change, you lose ~3.3% in 20 days from interest. Need ~0.8% price rise to breakeven.

FAQs

MTF vs intraday margin?

Intraday (MIS) must close same day; MTF holds weeks/months. MTF charges daily interest; intraday doesn't.

Stock falls below margin?

Broker issues margin call � add funds or positions auto-liquidated (often at loss).

Convert MTF to delivery?

Yes � pay borrowed amount + interest; shares transfer to demat.

MTF interest tax deductible?

No � not deductible from capital gains. Trading cost, doesn't reduce taxable gains.

Which stocks for MTF?

Usually large-cap, liquid. Broker has approved list. Penny stocks, T2T generally not available.

Related Calculators

Calculate MTF

Typically 25-50%