Hey @sri1647 ,
We offer one of the most lucrative leverages in the industry on 1000+ scrips. While we cannot comment of what competitors are offering, leverages are calculated basis a standard calculation that is set by exchange norms. Brokers add their risk checks on top of this. As per the current norms, providing 5X does not seem feasible to us as it might bring us to the wrong side of regulations as per our interpretations.
Thanks,
Pranita
Thanks for your reply. Its not about 5x stocks, there are few other stocks as well where you are offering lesser leverage like for Neuland labs, it is 2X on dhan whereas in zerodha, it is 2.44x FYR.
Also, as next step, pls try to match paytm money’s interest rate of 12% p.a., for upto 5L.
Interest rate is a pretty subjective topic. Some might say, 8%, some might say 10%, or 12% or 15%. Every brokerage prices their interest rates depending upon their margins and cost of funds and growth strategy.
Dhan currently offers the MOST value for money products which are not only superior but also makes business sense to both us and Dhan.
Dhan needs money to be able to continue to innovate, versus a XYZ platform who only wants to offer subpar products at maybe 10% rate.
I was trading happily even at 16% at Dhan, and now I’ll be even more delighted at these rates.
This is not a race to the bottom in terms of interest rates.
Dhan is doing more than enough for its users. Zerodha’s CoF is at rock bottom because they have their own NBFC but did they offer you 12% when they could have? No! They opted to charge higher. Even if they wanted, they could price it at 11% because their CoF allows that. Meanwhile, Dhan operates at a thin margin yet passes the majority onto us.
Appreciate that fact. Don’t come around and blabber random stuff just because other brokerages are offering what not.
@Pranita One question, after these new slabs will the concentration margin will still be applicable above a value of ₹10 lakhs MTF?
Mr. No one is blabbering random stuff. Whatever I feel and observed with other platforms, I shared my views here for consideration and this community is for the same. I haven’t compelled them to lower the interest rates at any cost. They are the decision makers and our inputs will help them to take the decisions. Speak politely, otherwise do your job without interfering in others posts harshly unless you are from Dhan team.
Well I am polite. You are the one being unappreciative.
This is an open forum and I will speak the way that I think and not how you want to hear it.
Yes @thisisbanerjee , concentration margins will continue to apply. This is because of the business risk involved if a user has excessive concentration in a particular stock.
Better mind your own business then.
Hi, Does interest will be deducted daily or on selling?
Do I need to maintain collateral funds as well in Dhan account ?
If yes , what would be charges inc ase of non maintenance
Dhan Team,
Can you please provide the information on Cash Balance when we place the order for Delivery. When you have pledge you are showing the total margin . On top of it the Order goes through without any confirmation if the cash balance is not enough , where in you are using the margin automatically without asking user. As a user I would like to add Cash balance in those scenarios and avoid having to use the margin to buy for delivery. I have already raised this issue with you team as the suggestion is to look at the money section to look at breakup and arrive at the available margin. This is totally not intuitive. Also when why are you trying to automatically use margin for Cash delivery, atleast show the info on the order screen on actual cash balance and the total margin balance. Your team is responding back with a note that you can unpledge if you want to see the available cash alone(not margin). Why is this practice not see this with other brokers.
Hey @Ankit_warbhe ,
Welcome to the Made for Trade Community. Not sure if I understood your question correctly but there is no compulsion to maintain collateral in Dhan account . If you would like to use margin, you can pledge your shares and use collateral to place trades, else you can continue using cash. Could you please elaborate on your question?
Thanks,
Pranita
Hey @Ravindran_V ,
Welcome for the Made for Trade Community. At present if you would like a bifurcation of your cash and collateral, you can do so by going to Money > Margin Summary. However, we understand your requirement and are working on improving the experience as mentioned in your feedback.
Thanks,
Pranita
Hi Pranita,
I got impacted by it recently and have been having this issue where it requires to calculate the cash balance and it is not readily shown. show a simple line item available for investing with collatral and without.
Thanks dhan by the way you support us. 
Hi @Pranita @Dhan
Can you please remove the script limit of 10L for MTF trades.
It will be very helpful to use the total limit in single or multiple stocks based on the user Scrip / Stock.
Few of my MTF positions in the other accounts are reached to the threshold value of 10L with MTF, Now I was unable to average my positions.
Then whta’s the use of taking MTF trades?
Many other brokers like mstock,ICICI,Kotak, etc…, they don’t have any sub-limits to stocks for MTF trading.
Also can you please increase current MTF limits from 50L to 5cr which would be 10x.
Thanks
Hello @LokeshK There is no cap per se. You can exposures beyond 10L but a bit of extra margin would be charged.
ICICI has a sub-limit of 25L for retail clients and unlimited for institutional. Kotak’s has a cap of 10L per client. mStock has a cap of 25L (although I am not sure on this). AngelOne provides unlimited exposure on the basis of email approval beyond 50L per scrip from ZH or risk team.
Hi If I am not wrong … new rate will be appplicable for old MTF subsribers too. As MTF interest calculated based on daily basis.
