Loan Against Listed Shares & Securities

Purpose 

  • Loan is provided for personal needs and cannot be used for speculative activities 

Eligibility 

  • The applicant must be the owner of such security. 
  • The applicant should have demat account   
  • Shares/securities must be in demat form only.  
  • Shares must be listed on BSE/NSE and should be approved/acceptable to the bank. 

Security 

  • Pledge of the demat shares and Securities against which loan is sanctioned. 
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