A Loan Against Securities is a financial service where you can borrow funds by pledging your securities as collateral. The loan amount is determined by the value of the securities you own, providing you with a flexible and quick way to access funds. This loan is particularly beneficial for short-term financial needs, offering lower interest rates compared to unsecured loans.
Types of Loan Against Securities
Loan Against Shares
- Pledge your shares as collateral.
- The loan amount depends on the market value of the shares.
- Continue to receive dividends and bonuses.
Loan Against Mutual Funds
- Use your mutual fund units as security.
- The loan is linked to the value of your mutual fund holdings.
- Retain the ownership of your mutual funds.
Loan Against Bonds
- Secure a loan by pledging your bonds.
- The loan value is based on the face value and market value of the bonds.
- Keep earning interest on your bonds.
Features of Loan Against Securities
- Quick Processing: Get funds swiftly by leveraging your securities.
- Flexible Repayment: Choose a repayment plan that suits your financial situation.
- Retain Ownership: Continue to enjoy the benefits of your investments.
- Lower Interest Rates: Benefit from competitive interest rates compared to personal loans.
- No Prepayment Penalty: Pay off the loan early without any additional charges.
A Loan Against Securities is a smart financial solution that allows you to meet your immediate financial needs without compromising your investment portfolio. Secure your funds now and maintain your investment growth.
