Loan Against Pension

Loan Against Pension

A bond is a fixed income instrument in which a loan is give by an investor to a borrower. If you buy a bond from a company, you have that amount to the company, and like all other loans, you earn an interest on your investment.

Loan Against Pension
7 %
Interest Rate
Loan Against Pension
8.59 %
Base Rate
Loan Against Pension
15.59 %
Total Interest Rate

Last Updated Date: May 17, 2022

Everest Bank Ltd

With the vision to become a Leading Commercial Bank with Pan Nepal presence and become a household name by providing a wide range of financial products and services under one roof, the A Class Commercial Bank “Everest Bank Limited (EBL)” was Founded in 1994. This Bank has been one of the leading banks of the country and has been catering its services to various segments of the society and has been servicing more than 7.5 lacs customers. The mission of this Bank is “Growth through Banking for ALL” and this Bank has helped to develop the nation corporately, agriculturally & industrially. Owing to its performance during the year 2012-13, the Bank earned many laurels & accolades in recognition of its service & overall performance. Recently,EBL was awarded with “IDRBT Banking Technology Excellence Award” under Customer Management & Intelligence Initiatives. The Bank also bagged the “Golden Peacock Business Excellence Award 2013” by the Institute of Directors. Similarly, the Bank was recognized as ‘Best Public Sector Bank‘ by CNBC TV 18. The bank has now more than 7,000 branches and 8,500 ATMs spread all across India. As a joint-venture partner,EBL has been providing top management support to EBL under Technical Service Agreement. The bank has 95 Branches, 123 ATM Counters, 31 Revenue Collection Counters and 3 Extension Counters across the country.

Loan Against Pension


  1. Copy of citizenship certificate of the borrower and all other owners of the securities
  2. Photographs
  3. Documents certifying current salary (for employee)
  4. Paper of Agreements/contracts (for Fixed Income Groups)
  5. Loan Application form duly filled and signed
  6. Firm Registration Certificate/PAN with Board Resolution for obtaining loan and to sign on security documents of the bank in case of firm/company


What is Loan Against Bonds?

A bond is a fixed income instrument in which a loan is give by an investor to a borrower.Loans Against Securities is available in the form of an overdraft facility which is pledged against financial securities like shares, units and bonds. Loan Against Shares/Bonds/Mutual Funds is basically a loan where you pledge the securities you have invested in as collateral against the loan amount.

A bond is a fixed income instrument in which a loan is given by an investor to a borrower.If you hold the government bonds yourself, you can either open a margin brokerage account, put the bonds in the account, then borrow against them, or you can borrow from a bank using the bonds as collateral.Bonds are subject to risks such as the interest rate risk, prepayment risk, credit risk, reinvestment risk, and liquidity risk.While granting advances against shares held in joint names to joint holders or third party beneficiaries, banks normally ensure that the objective of the regulation is not defeated by granting advances to other joint holders or third party beneficiaries to circumvent the limits placed on loans/advances against shares and other securities.Banks avail the facility of Pledge of the dematerialized shares/debentures in the depository system, whereby the securities pledged by the borrower get blocked in favour of the lending bank. The loan limit depends on the valuation of the security, applicable margin and ability to service and repay the loan. Loan is normally given in the form of overdraft facility against the pledge of the securities. Interest has to be paid for the amount and period for which the overdraft facility is utilized. A declaration is obtained from the borrower indicating the details of the loans / advances availed against shares and other securities, from any other bank, in order to ensure compliance with the ceilings prescribed for the purpose.


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