Request for interest rate reduction

[CHANDAR]

Hello team,
Can you reconsider adjusting the interest rate charged on margin? 15.99% p.a feels a bit much. It will be a great relief for us if it can be adjusted to 12.5% - 13.5%. please do something about this… or like launching a subscription based package which include lower interest rates with higher leverage benefits etc.

[PravinJ]

Hi @CHANDAR We would have loved to do that, however with rising cost of capital we won’t be able to make changes to the Interest Rates on MTF anytime soon. MTF positions on Dhan are used by traders on a short term basis.

[Divyesh]

Hi @CHANDAR

We’ve made your wish come true now. Lower MTF rates on Dhan, now starting at just 12.49% p.a.

Read more details

Big Update: MTF (Pay Later) Investing on Dhan now for as low as 12.49% p.a

Dear Traders, At Dhan, we understand the needs of Traders as well as Investors. We understand that at times you want to hold a position for the shortest amount of time, and also with the minimal margin as possible - which is why we introduced MTF (Margin Trading Facility) in November 2022 or Pay Later which is what that has been referred to recently as. As always, we have continued to improve your experience with MTF on Dhan. We introduced the same across all our platforms including Options Tr…