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Margin Trading Facility ka mechanism, interest, aur uska risk
Published by The Retail Trader · JUL 25, 2026 · Order Flow
MTF ek facility hai jisme broker aapko paisa udhaar deta hai taaki aap poore paise ke bina delivery le sako. Wo intraday leverage se alag hai, kyunki position kai din chal sakti hai.
Aap ek hissa dete ho aur baaki broker funds karta hai. Kharide gaye shares hi collateral bante hain aur wo pledge mein rehte hain.
Us udhaar par roz interest lagta hai. Ye interest position ki poori duration tak chalta rehta hai, chahe bhaav kuch bhi kare.
Do risk ek saath chalte hain, aur wahi asli baat hai:
• Bhaav girne par collateral ki value girti hai aur margin call aa sakti hai.
• Margin poori na karne par broker position khud bech sakta hai, aur wo aksar sabse bure bhaav par hoti hai.
• Interest ka kharcha samay ke saath badhta hai — lambi holding mehngi ho jaati hai.
• Har stock MTF ke liye eligible nahi hota, aur list badalti rehti hai.
MTF ka ganit tabhi kaam karta hai jab aapka expected return interest se saaf zyada ho aur horizon chhota ho. Ek lambe view ke liye udhaar par delivery lena aksar ek dheema, pakka kharcha hota hai — aur wo kharcha view ke sahi hone par bhi lagta hai.
Ye article sirf educational hai — koi buy ya sell recommendation nahi, koi guaranteed return ka daawa nahi, aur koi advisory nahi. Rules, rates aur mechanics exchange, SEBI aur RBI time-time par badalte hain, isliye har number apne broker ya official source par khud verify karo.