Zerodha MTF is margin funding facility that lets traders buy shares by paying only a part of the total amount. The remaining amount is funded by Zerodha as a loan.
You will be charged with 0.04% interest on the MTF funded amount, until the time you do not sell MTF shares or convert them into delivery (CNC).
Itβs a margin funding facility that lets traders buy shares with borrowed funds while pledging existing holdings.