Loan against Securities (LAS) Facility enables the customer to avail general purpose loan against existing investments. The objective of the product is to provide instant liquidity without having to liquidate the financial securities.

Features

• Loan available against Approved Shares and Mutual funds
• Exhaustive list of more than 500 Shares in Approved List
• Margin – 50% of Approved Portfolio Value
• Tenor – Loans offered for upto 12 months
• Loan Amount – INR 25 Lacs to INR 200 Lacs
• Attractive Interest Rates
• Loan can be utilised for any purpose
• Simple Documentation

Benefits

• Maximum leverage on existing investments for all your needs
• Liquidity without selling your long term investments
• Take advantage of investment opportunities
• Easier and faster processing
• Loan with easy renewal facility
• Interest charged only on the amount utilized
• Dividends and other corporate benefits like bonus, rights accrue to the customer