This is how brokers like Kotak Securities help buyers get the money they need to buy stocks. It’s also known as e-margin or Pay Later. The investor only has to pay a small amount of the deal value up front. This is called the “margin,” and it is paid for by the broker at a low interest rate. On more than 1,500 suitable stocks, this service lets you borrow up to five times your capital. This lets you buy more shares than you could with your own money. Different from intraday trading, MTF positions can be kept for as long as you want. You can also trade without cash by using shares or ETFs in your Demat account as collateral.
What is MTF and How It Works
You put down some money (cash or securities as collateral), and the broker pays the rest. This is called leverage. It’s possible to buy ₹1,000,000 worth of shares with ₹20,000. Each share is worth ₹100. If the leverage is 5x, you would pay ₹20,000 and the broker would give you ₹80,000. You make ₹10,000 after interest and fees if the price goes up to ₹110.If it goes down to ₹90, you lose ₹10,000 plus charges, which could lead to a margin shortage that needs more money.
Benefits
You can acquire up to five times as many stocks with this service.
You can trade now and pay later, and there are no limits on how long you can keep.
No cash needed and access to monthly picks offered by brokers.
Low daily interest, like ₹14 on a ₹50,000 loan.
Help from experts to make smarter choices.
How to Find the Most Recent MTF Stock List That Qualifies
There are more than 1500 equities on the suitable MTF stock list. These stocks have been checked for liquidity, volatility, market capitalization, and other factors to make sure they are good for margin trading. It is updated every day that the market is open, and it shows the most up-to-date market circumstances as of January 2026. The list has information like the scrip name, NSE symbol, leverage multiple (up to 5x, which means you only have to pay 20–25% of the whole up front), and the maximum exposure allowed (in crores, from 0.10 Cr to 50.00 Cr per stock).
How to Get to the Most Recent List
Go to a MTF margin requirement website.
You can check eligibility, leverage, and exposure limitations for a certain stock by name or NSE symbol. There is no downloadable file on the page; instead, you can view the full table directly on the site.
Requirements for Being Eligible
When choosing stocks for leveraged trading, it’s important to look for ones with good liquidity, moderate volatility, and a large enough market size to lower risks. The amount of margin needed changes: Stable large-caps have higher multiples (4–5x), while riskier ones have lower multiples (1x). Maximum exposure limits the total value of pledged stocks and MTF purchases.
