A Stock mortgage loan is a form of securities lending that uses stocks.
Features of Stock Mortgage Loan
A Stock Mortgage Loan is a form of securities lending that uses stocks, bonds or other eligible securities as the effective guarantee.
- Attractive Interest Rates
- Documentation Made Easy
- Quick Processing
- Fulfill Your Every Need
Who Can Apply
Individuals (Resident) and Non-Individuals (Proprietorship/ Partnership/ Private Limited Companies/ LLPs / Registered Co-operative Societies engaged in trade of any commodity/goods in physical form required by the community and trading in them is not prohibited by law or opposed in public interest.
Purpose : Overdraft: Working capital requirements Term Loan: Development of shop.
Interest rate prevailing for the loan
period / scheme
36 Months @18%
Documents Required
| Section | Requirements |
| Duly filled form with | Income Proof of Applicant(s) & Guarantor(s) Residential Proof of Applicant(s) & Guarantor(s) PAN Card of Applicant(s) & Guarantor(s) KYC of Applicant(s) & Guarantor(s) |
| Prime Security | Existing Dwelling Unit |
50% Of Valuation
Two Acceptable Guarantors and Security holders to be also taken as guarantors.