Loan Against Shares and Debentures

Banks and NBFCs offer Loans against Share, Debentures and Mutual funds to meet personal financial requirements. The benefits of such loans are:

• Loan for personal needs
• Get high value loans against securities
• No selling off securities
• Easy repayment and transparent processing
• Up to Rs. 5 Crore outstanding
• Individuals having Demat account with any depository participant are eligible for such loans.

Features:
The different Banks or Financial Institutions offer different products against different securities. However, some common features are:
Minimum Amount – Rs. 1 Lakh
Maximum Limit per Individual as under:

• Shares/ Equity Oriented MF in Demat Form/ Debentures and Bonds in Demat Form: Rs. 20 Lacs
• Equity Oriented MF in Unit Form: Rs. 10 Lacs
• Debt Oriented MF in Unit/ Demat Form: Rs. 5 Crore

Overdraft Facility
Pay interest only on utilised amount

“My Rupee Mantra” team access your financial requirements and choose the best Loan Mantra (Product) suitable for the client. They check fees and charges of all tops Banks and provide a best Mantra (Product) for the client with attractive rate of interest and terms with flexible tenures as per client’s repaying capacity.