Lower MTF interest rate negotiation

Wed, 20 May 2026 00:00:00 +0000

MTF interest rates are set by the broker, typically MCLR / repo-linked + spread. The scope for negotiation by retail clients is limited; brokers generally apply standardised rates.

What affects the rate

Base rate: Linked to broker’s cost of capital (typically SBI MCLR or RBI repo + spread).
Spread: Broker’s margin (typically 4-7%).
Client tier: High-volume / HNI clients may get small reductions.
Market conditions: Rates may adjust with regulatory changes.

Negotiation scope

For retail clients:

Negotiation on WebNotes

Lower MTF interest rate negotiation

What affects the rate

Negotiation scope