Loan Against Security
Key Benefits
Now avail easy overdraft facilities by pledging your securities like Equity Shares, Equity/Debt Mutual Funds, Bonds, Fixed Maturity Plans (FMPs) etc. Fulfill all your short term and long term needs with this easy credit option available to you without liquidating your existing securities.
RBL Bank offers this product on referral basis to meet varied needs of clients.
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Easy documentation - No financial documents are required which makes loan process hassle free
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Dedicated relationship manager - Get a single-point of contact for all your requests and queries right from loan application to disbursement, as well as any further help you may need
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Wide List of Approved Securities - Wide list of approx. 600 equity Shares, 2900 Mutual Fund schemes, FMPs of major fund houses, and Bonds are accepted as collateral for Loan
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Pay interest only on utilization - Interest is charged only on the loan amount which has been utilized
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ZERO prepayment charges - There is no penalty or additional charge applicable if you plan to foreclose your loan. You can repay your loan amount at your convenience
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High value loans - High value loans up to INR 100 Crore against your securities are offered through this service
Loan Terms | |
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Eligible Borrowers |
Resident Individuals
Sole Proprietorship
Partnership
HUF
Private Limited Co.
Public Ltd
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Tenure | Minimum 12 months |
Security | As per approved list of securities |
Loan amount | Minimum Rs 5 Lacs and Maximum Rs 100 Cr |
LTV (Loan to Value) |
Maximum 50% of value of Shares
Maximum 50% of value of Equity Mutual Fund
Maximum 85% of value of Debt Mutual Funds/FMPs
Maximum 92.5% of value of Bonds
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Prepayment charges | No prepayment charges |
Documents Required |
Individual
Corporate
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