Know about the Finance and Investments Terms

A loan against securities is the best way to continue with your investment as well as get financial aids to manage your problems. While continuing with your investments in mutual funds, bonds, shares and securities, you can get lending against securities and also avail many additional facilities.

Higher loan amount

If you plan to apply for a loan against securities, you can borrow an amount of up to Rs.10 crores. When you are facing any financial requirement, a large loan amount will help to complement your needs.

Quick online approval

Many online banks and non-banking finance companies (NBFCs) may offer you a loan against securities. But, if you try in some renowned NBFCs, you can get an online approval within 5 minutes. They generally have faster processing as they make sure customers get the money as soon as possible when they need it.  

Only low-interest rate

When you apply for a loan in an NBFC, you only have to pay the interest rate and nothing else. The loan against securities interest rates is low enough as it is a type of secured loan and you are not supposed to pay anything extra such as zero foreclosure charges and zero part-prepayment charges.

Assistance from customer support

All banks and NBFCs have a dedicated Relationship Manager or Customer Care. Make sure the chosen lender assists you with all requirements and clear doubts.

To know more about it, read:

 6 Benefits of Loan Against Securities at a Glance!