MTF(Margin Trading Facility)

[siva]

@varad_mulye

Maybe i am unable to express my opinion in this it would be better to call and have a word, it may give conceptual clarity to both of us

Can you DM me your ID or number, will arrange a call.

[varad_mulye]

Yes sent you the details

[TIMEFRAME]

@siva

You mean we are unresponsive and restrictive? if yes, can you give reasons?

I think i no need to give separate answer to your question , since the answer is itself in your response

[Hari_Krishna2]

I have A,B,C,D,E MTF Stocks.Suppose my Balance goes negative,To fullfill required Funds.i want to exit Stock C&D eventhough A&B are highestlosers.
Does RMS team consider my order book for the day and dont take any action or still do they exit Stocks A&B

[Ragavendran_M]

If you clear the negative balance in the account your position won’t be squared off.
But If stocks A and B lose 80% of the Zerodha funded amount, then we will square it off irrespective of your cash balance.

[Hari_Krishna2]

MTF sold amount will reflect in Funds next day.
My concern is before RMS take action, iam exiting stocks before 12pm.
Here,RMS does look Orderbook and avoid action from them.

[Ragavendran_M]

Yes, we will consider the MTF credit before we take action even if it is not reflected in the front end.

[Piyush_Modi]

please provide option to convert from MTF to CNC directly. i mean not on the date of the trade, but afterwards later when we have funds few days later.

[TheGouda]

You can now convert MTF to CNC holdings. Check this for more details.

[manoj_reddy]

Hi @TheGouda

What will be the cost associated with converting MTF position TO CNC apart from maintaining the necessary fund for the scrips.

[siva]

@manoj_reddy

What will be the cost associated with converting MTF position TO CNC

No cost to convert, just funds should be available for conversion.

[varad_mulye]

Thankyou team zerodha for finally providing this

[sn88]

Unpledge charges will be debited.

[Tejendra_Gauttam]

@siva Are DP charges applicable for MTF to CNC conversion?

[sn88]

Its unpledge charges. Typo error , I mentioned dp

[TradeB2B]

@siva There is nothing more to ask with zerodha - thanks everything is fulfilled silently -
Thank s zerodha team

But only brokerage monthly plan is pending - if you have idea about that - or RIP this plan

[sn88]

The MTF to CNC conversion by zerodha is simple and clear. There are brokers who have complex and confusing rules. Kudos to zerodha.

[siva]

@TradeB2B

But only brokerage monthly plan is pending - if you have idea about that - or RIP this plan

RIP only.

[manoj_reddy]

Yes agreed and it was simple process.

Have noticed that unpledge charges were not debited. @siva can you confirm whether unpledge charges are not applicable for converting MTF position to CNC.

[varad_mulye]

Zerodha charges it at time of pledge creation, thus technically there is no charge levied on unpledging those shares even from MTF to CNC