Loan Against Securities - Instant liquidity at your disposal
Loan based on the value of your securities
Pledge your securities in favour of ICICI Bank, get an overdraft facility of up to a certain value.
Withdraw the money as and when you require from a current account that will be opened specially for you.
Interest rate will be charged only on the amount withdrawn and for the time span utilised.
This facility is available against the following securities:
Mutual Fund units
Fixed Maturity plans (FMP)
Exchange Traded Funds (ETF)