Loan against share is offered against listed securities. Investors can borrow funds against existing investment portfolios to meet investment and liquidity requirements. The money that the borrower has invested in can get loan.
Last Updated Date: May 17, 2022
Bank of Kathmandu is a commercial bank in Nepal that merged with Lumbini Bank. Bank of Kathmandu is currently trading in Nepal Stock Exchange with symbol BOKL. BOK has provided a dividend return of 25 percent in fiscal year 2074/75. Bank of Kathmandu Limited has appointed Nabil Investment Banking Limited as it’s share registrar. Bank of Kathmandu Limited has become a notable name in the Nepalese banking scenario today with a high ranking performance.Bank of Kathmandu Limited today has created a milestone in the Nepalese banking sector by being among the few commercial banks which is entirely managed by Nepalese professionals and owned by the general public and by becoming one of the largest private sector commercial banks in the country in terms of capital base, number of branch locations, ATM networks and customer base.
The Loan Against Shares is a term loan against equity shares you own. It helps you gain the financial flexibility that you need without disrupting your long-term investment strategy. In terms of your fiscal position, Loan Against Securities is a better option to explore instead of bringing your investments in other securities like property and gold in the ambit of loans – the shares you own can generate loans for your business. Loan against securities is a loan where you pledge your shares, mutual funds or life insurance policies as collateral to the bank against your loan amount.(Loans against shares not to exceed Rs 10 lakhs if the purpose is for subscribing to IPOs.) You will need to provide a margin amount of 50% of the prevailing market prices of the shares being offered as security.
Pledge of the demat shares against which loan is sanctioned.Loans against shares/securities are monetary loans that are provided against listed securities like bonds, shares, insurance policies or bonds. These loans are very useful in times when cash is needed urgently for any personal or business requirement. Loans against shares are a popular form of getting short or long term loans and the repayment period extends to up to 36 months. The list of securities against which one can get a loan will differ from lender to lender .It is offered against listed securities. Investors can borrow funds against existing investment portfolios to meet investment and liquidity requirements. The money that the borrower has invested in can get him a loan.
Most often people invest in shared as it is a popular method of short and long term investment. The securities acceptable differ from lender to lender and the lenders usually have a list of securities that they choose from. It is simply to ensure that the lender will not incur loss. If you are a business owner requiring immediate funds, it is the most appropriate financing solution for you. Businesses with expansion plans, or those requiring funds to procure additional manpower, machinery and tech expertise to scale operations. Additionally, salaried individuals in need of immediate liquidity may also optium for this financing solution.