Loan Against Shares is a secured loan that allows you to raise instant liquidity against your shares as collateral
Loan amount
Get up to a maximum of ₹ 1Cr (Equity Shares) Get up to a maximum of ₹ 1Cr (Equity Mutual Funds) Get up to a maximum of ₹ 1Cr (Debt Mutual Fund)
Interest Rate
Interest Rate between 7.99% to 10.99%. (on utilized amount)
Tenure
Get up to a maximum of ₹ 1Cr (Equity Shares) Get up to a maximum of ₹ 1Cr (Equity Mutual Funds) Get up to a maximum of ₹ 1Cr (Debt Mutual Fund)
Processing Fees
A processing fee of up to 1% of the loan amount.
Loan Eligibility
Borrower
Partnership firm (Including Limited Liability Partnership firms), Sole Proprietorship entity and Private Limited Companies (including closely held limited companies)
Loan to Value
Equity Shares: up to 45% Equity Mutual Funds: up to 45% Debt Mutual Funds: up to 80%
Documents required
- PAN Card
- Aadhar Card
- Bank Account
- Shares/Mutual funds units in DEMAT.