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Capital Markets - Line of Credit Against Securities
 
 


Line of Credit Against Securities
 
In order to enable investors to take care of unscheduled financing needs, we provide a line of credit against marketable shares and /or mutual fund units. The investors can avail the disbursement and make the repayment as per their requirements. Interest will be calculated only for the actual number of days of funds utilized. The following terms would apply:
 
Tenure Up to 365 days
Security As per approved list of shares, and mutual funds
Loan amount Minimum Rs. 1 Crore
Margin 25% and above
Interest rate Competitive
Custodian Charges As Applicable
Documentation Standard Loan Documents with PDC
 

Benefits
 Liquidity without selling your long term investments
 Maximize gains on your existing investments
 Take advantage of investment opportunities
 Easier and faster processing
 Pay interest only for the period of actual funds utilizations