The 5 Misunderstood Facts About Loan Against Securities that are often found as conflicting in most of the cases we entertain include:
#1 You can avail a loan against the securities that you hold,
BY PLEDGING AND NOT SELLING THEM
#2 You pay interest only on ACTUAL AMOUNT USED
NOT THE ENTIRE LOAN ITSELF
#3 You can pledge Shares, Equity & Debt Mutual Funds, Kisan Vikas Patra, Fixed Maturity Plans, Insurance policies issued by LIC and select Private Insurance Companies, Non-Convertible Debentures, Tax free Bonds
NOT JUST SHARES
#4 The amount of loan you are eligible for depends on the value of the securities you offer as collateral
NOT ANY FIXED AMOUNT
#5 You get quick approvals & instant disbursement
AND NOT WAIT FOR LONGER
Have more questions? Quick Apply
Want to pledge your securities? Or got questions about getting a quick overdraft facility through a loan against shares, feel free to connect with our relationship managers now.
