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 is 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 50000.
  • 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.50000.
  • Maximum loan amount is Rs. 20 lakh.

Life Insurance Policies

  • Minimum Loan amount is Rs.50000
  • Maximum loan amount is Rs. 5 Crore

Bonds

  • Minimum Loan amount is Rs.50000
  • Maximum loan amount is Rs. 5 Crore