Loan against Shares or Mutual funds is a loan facility offered against collateral of Equity shares or Mutual Funds. This enables investors to borrow funds against existing portfolio which are not churned regularly for their liquidity requirements
Loans to meet your IPO, ESOP and Margin needs don't miss the opportunity!
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Loan Amount - Minimum one lakh and above
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Interest charges - Interest rate will be charged only on the amount withdrawn and for the time span utilised.
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Loan to Value Ratio - 50%-80%
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Tenure - 3 to 12 months
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Benefits - No prepayment Charges
