We know you value your investments and would like to retain them for longer time to reap benefits from stock market. With our Loan Against Security, you can meet your financial goals while retaining the ownership of your securities. All you need to do is to pledge your Shares, Mutual funds or Securities as collateral and you can get a loan against securities ranging from ₹ 5 lacs to ₹ 20 crores with the added advantage of quick processing and attractive interest rates, you can be sure that your today and tomorrow are secure.
How can you take a Loan Against Securities?
We have eliminated any stress involved with taking a loan by designing a process that is totally hassle-free. It’s simple. It’s quick. Here’s what you need to do:
Four reasons why Loan Against Securities is the right choice for you
You get instant access to funds
When you pledge securities to take the loan, you get access to funds without ever having to liquidate the investments that you have made over the years.
It’s in your best interest
One of the biggest benefits of Loan against Securities is that you pay interest only on the amount that has been utilised and not on the limit extended. It can also be used as an overdraft facility.
You retain ownership
At no point do you have to liquidate your investments or securities. Even after having them pledged to Tata Capital, you can continue to reap benefits that come from your investments as you still enjoy the ownership of the financial products.
We ask for your basic KYC documents which makes the process of availing Loan against Securities hassle free.
Features and Advantages
Loan Against Securities is offered on approved Scripts and Mutual Funds to the extent of up to 50% of the market value and Mutual Funds to the extent of up to 70% of the Net Asset Value (NAV).
We are here to make sure you have quick access to funds when you need them the most. We process your application swiftly to secure your today and tomorrow.
We have tailored an experience that benefits you the most. You have the flexibility to swap securities based on your stock market assessment, while you continue to reap the benefits of dividends, bonus and rights issues.
You have the option to avail additional finance on your loan against securities by pledging more shares, mutual fund units or securities
You are only required to pay interest every month on the amount utilised via ECS or Post Dated Cheques (PDCs). The principal needs to be repaid at the end of the term.
Our interest rates are highly competitive among the other players in the industry. We make sure you are our top priority throughout.
Eligibility and Documentation
If you are a salaried or self employed individual, then you are eligible. You should be in the age group of 18-65 years. In case of non-individual entities, the organisation should have been in existence for at least two years to be eligible.
With the customers’ individual desires and needs in mind, our team at Tata Capital guides you at every step and offer specific financial solutions
We offer attractive interest rates
Our interest rates are competitive and affordable. We let you tailor everything according to your convenience and ability to repay.
We work with you to customise a loan amount and tenure that works best for you. You don’t even have to pay interest on the entire loan – just the amount that has been utilised so far. It is that simple.
We are not going to make you run around
We only ask for minimal documentation to process your application. We just need some mandatory information.
We’ve been in the industry for a long time
This means we understand your needs and we will tailor our services to your needs.