This loan allows you to monetize your savings to raise money for your personal or business funding needs. Except for the securities you are pledging, you are not required to have any additional security or collateral.
This loan allows you to monetize your savings to raise money for your personal or business funding needs. Except for the securities you are pledging, you are not required to have any additional security or collateral.
Get a loan against the most diverse collection of collaterals in the sector. The following securities are on the approved list:
Get a loan for up to 50% of the share’s current value
Equity Mutual Funds: Get a loan of up to 50% of the NAV (Net Asset Value).
Debt Mutual Funds/ FMPs: Borrow up to 80% of the NAV.
Get a loan for up to 80% of the surrender value.
Get a loan up to 70% of the face value.
You can borrow up to 70% of the face value.
You can borrow up to 70% of the present value.
The minimum amount is Rs.50000/- and the overall amount is Rs.20,00,000/-
Currently, the LAS facility is only open to a small group of “pre-qualified individual customers who have an NSDL Demat Account as well as a Chickly Bank Savings Account.
