In a Loan against Securities scheme, an investor can pledge his existing securities, avail funds for a buying stocks after deduction of predefined margin. It gives additional buying power to client to create wealth & grab opportunities in the stock market. This unique facility helps an investor who has identified his stocks but does not have resources to buy them in the secondary market.
However, through LAS one can leverage their existing portfolio to raise funds for further investment.
Leveraging available investments for further new investments
Liquidity without selling your long term investments through loans against securities
Competitive interest rate
Client can enjoy all the corporate benefits like dividend, bonus etc. accrued on his securities
Client can view his funding position on-line
Interest will be charged only on utilized amount
No minimum commitment fees
Vast approved list to choose from
Funding can go up to 50% of securities amount depending on the type of securities