Pledge your securities and fulfil all your personal needs with Loans against other securities.
Features of Loan Against Other Security
Loan Against Other Securities helps customers avail a loan against the securities that they hold, by merely pledging and not selling them.
- Attractive Interest Rates
- Documentation Made Easy
- Quick Processing
- Fulfill Your Every Need
Who Can Apply
An overdraft facility is advanced to customers when they pledge their securities. The value of the overdraft limit that is advanced to customers is determined on the basis of the securities that are pledged.
For smooth transactions, a current account is opened in the name of the customer. The rate of interest is calculated only on the amount withdrawn by you and only for the period of utilization.
- Anytime anywhere access.
- Auto renewal facility.
- No prepayment penalty
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 |
Two Acceptable Guarantors and Security holders to be also taken as guarantors.
Loan Avail up To 25 Lac/ 60 Lac GUARANTORS :-TWO GUARANTORS/ Repayment 84 Months/ 120 Months/ 50% & 75% on Valuation