Loan Against Securities (LAS)
Loan is offered up to INR 20 crores in form of over draft.
Loan Against Securities facility to clients against pledging their investments (Shares, Mutual Funds and Bonds).
The client can continuing to enjoy benefits (Divided, Interest, Bonus) on investments.
Facility in form of Over Draft. (OD)
No EMIs, only service interest on utilize funds and principle payment on maturity.
Loan can be availed by Individuals (Salaried, Self Employed, Professionals) & Non Individuals (Proprietorship / Partnership / Private Limited Companies).
Purpose / End Use:
- Re-invest into capital market.
- Purchase of property
- Refinance of existing high interest loans.
- Working Capital Requirement.
- Business Purpose.
- Education and Medical Purpose.
- Personal Requirement.