{"id":2502,"date":"2018-09-08T09:00:20","date_gmt":"2018-09-08T03:30:20","guid":{"rendered":"http:\/\/capitalante.com\/?p=2502"},"modified":"2019-02-26T19:02:28","modified_gmt":"2019-02-26T13:32:28","slug":"loan-against-securities-in-easy-steps","status":"publish","type":"post","link":"https:\/\/capitalante.com\/loan-against-securities-in-easy-steps\/","title":{"rendered":"Loan Against Securities In Easy Steps"},"content":{"rendered":"
In The facility is available for resident Indians only, NRIs are not allowed. Investment in stocks and mutual funds are made through banks, so your bank will give you the loan on the basis of your investment value by date.<\/span><\/p>\n Loan amount varies from minimum Rs. 50,000\/- to maximum Rs. 20 lakh. Similarly, if you have invested Rs. 5 lakh in mutual fund and its\u2019 current valuation is Rs. 8 Lakh then you are eligible to get a loan maximum 50% of Rs. 8 Lakh i.e. Rs. 4 Lakh.<\/span><\/p>\n Purpose<\/strong><\/span><\/p>\n This facility is available to\u00a0meet contingencies and needs of personal nature. For any sudden situation like health You need to pledge of the securities i.e., Stocks or Mutual fund against which loan will be sanctioned.<\/span><\/p>\n Following documents are required.<\/span><\/p>\n Interest rate varies from bank to bank. Banks receive The total loan with interest can be paid off within the maximum 30 months from the date of sanction of the loan against securities.<\/span><\/p>\n If you have any question regarding loan against shares or securities feel free to comment so that we have a discussion. If you have found this post helpful share this post with your loved ones.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" In modern world most of the people are much wise in respect of financial literacy and they start building portfolios of bonds, deposits, equity shares and mutual funds. But there sometimes happens to be an unexpected money requirement in lieu … <\/p>\nEligibility<\/strong><\/span><\/h6>\n
Loan amount<\/strong><\/span><\/h6>\n
Security<\/strong><\/span><\/h6>\n
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\n<\/span><\/span><\/span><\/strong><\/li>\n<\/ul>\nDocuments Required<\/strong><\/span><\/h6>\n
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Features of Loan against Securities<\/span><\/strong><\/span><\/h6>\n
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Interest rate<\/strong><\/span><\/h6>\n
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Repayment Schedule<\/strong><\/span><\/h6>\n