Loan Against Shares
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.
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 16, 2022
Founded in 2002 and promoted by prominent Nepalese celebrities, Siddhartha Bank Limited (SBL) is today one of Nepal's steadily growing banks. Although the promoters come from a wide range of industries, they have tremendous market knowledge and share their valuable insights with the Bank in order to develop it. Siddhartha Bank has been able to come up with a wide variety of products and services that best serves its clientele within a short period of time. Since the beginning of its operations, Siddhartha Bank has been consistently reporting growth in its portfolio size and profitability. The administration of the bank is highly competent. In order to become one of the most promising commercial banks in the world, Siddhartha Bank has been able to gain substantial confidence from clients and all other stakeholders. The Bank is completely committed to the satisfaction of customers. An indication of its dedication to customer satisfaction is the variety and scope of modern banking products and services that the Bank has offered. It is this dedication that helped the Bank record quantum growth each year. The Bank is positive and optimistic that it will be able to preserve this trust and step even further towards its goal of being one of the industry's leading banks.
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.
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