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Loans Against Securities
Loans Against Securities

Please be aware that these eligibility criteria are designed to offer you the most suitable and advantageous loan choices.

Loans Against Securities Features

The LAS loan starts from a minimum of INR 100,000, with the maximum limit varying based on individual circumstances and the pledged securities.

One notable feature of the Loans Against Securities loan is that you have the flexibility to utilize the loan amount for covering any of your personal expenses.

Eligibility
  • Those with a DEMAT account from any recognized depository participant are eligible to apply for a loan secured by shares and securities.
  • For loans backed by Mutual Funds, a Demat account is unnecessary if the units are held in a non-Demat form.
  • Applicants, whether Resident or Non-Resident Indians, have the option to apply individually or jointly with another applicant.
  • To secure a loan against securities, the necessary documents include proof of identity, proof of address, proof of income, and details of the securities.

Please be aware that these qualification criteria are crafted to ensure we offer you the most fitting and advantageous loan choices.

Sri Raksh Loans Against Securities

Get more from your investments. Put them to good use with Sri Raksh Loans against Government Securities.

Who can Borrow

Individuals

Purpose

To provide finance to meet urgent needs covering Child’s education, medical emergencies, travel etc.

Security

Pledge of NSCs and Surrender value of LIC Policy Along with standard securities.

Margin

15%

Type of Facility Repayment

In case of Overdraft – Annual Review

In case of Term Loan - EMI

Processing Charges

1.5% plus GST

Documentation Charges

As applicable

Prerequisites

Application form along with KYC documents & Income Proof NSCs to be at least 2 years old. LIC Policy (Assignable) to be in force for minimum period of 3 years.

About Us

Sri Raksh Souharda Credit Co-operative Limited

At Sri Raksh, we put our customers first. And the confidence that our customers have in us drives us to excel and to redefine boundaries. For us, customer centricity is not just a buzzword. We strive to embody elements of what relationships are about:- Being there for the long haul, through good times and bad Recognising that relationships have swings and roundabouts

Our location

#7, First Floor, Chandra Layout Main Road Income Tax Layout Binny Mills Employees Colony Vijayanagar Bangalore-560 040

Phone Number

(080) -23441011