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Loan Amount
Shares
You are given a drawing power up to 50% of the value of the shares.
Since the market price of the scrips keep fluctuating, the scrips are revalued weekly (every Friday), or more frequently if required, and the drawing power will be revised accordingly. If the new drawing power is less than the outstanding in the current account, you would be required to put in the difference amount or pledge more shares to regularize the account. On the other hand, if the drawing power rises, the limit available to you also automatically increases.
Minimum loan amount is Rs 1 lakh.
Maximum loan amount is Rs 20 lakh.
The loan is applicable for a year and renewable at the end of each year.
Mutual Funds
50% lending on the NAV.
Minimum loan amount is Rs.1 lakh.
Maximum loan amount is Rs. 20 lakh.
Life Insurance Policies
Minimum Loan amount is Rs.50000
Maximum loan amount is Rs. 5 Crore
UTI Bonds
Minimum Loan amount is Rs.50000
Maximum loan amount is Rs. 5 Crore
KVP/NSC
Minimum Loan amount is Rs.50000
Maximum loan amount is Rs. 5 Crore