Loan Against Security: Know the Features and the Benefits

Published on 09/26/2018 8:02 am

For people planning to liquidate their short-term and long-term investments & securities to meet their urgent cash needs, wait and think again about your decision! Why liquidate your investment when you can avail a loan against your securities without actually liquidating them!? Yes! loan against securities allows you to borrow a loan against your investment bonds at an affordable rate of interest. You can mortgage your investment certificates and avail the required funding, pay back the loan and get the investment bonds back.

How does the loan against security works?

Loan Against Securities (LAS) works on the principals of a mortgage loan - the concept of pledging a collateral to obtain a loan against it. When you apply for the loan against securities, you sign an agreement of loan with your lending institution. Once the lender is done with the legal process, your loan application gets approved and you receive the applicable amount directly in your bank account.

Benefits of loan against security

A large number of options in terms of mortgageable assets: First and the foremost, you can mortgage almost anything as long as it’s an investment bond to avail a loan against it.

Repayment flexibility: Above all, you get a flexi repayment plan - flexible repayment tenor and plan. You can choose the flexi plan and make the repayment even easier.
Relationship manager 24*7: The said scheme comes with a relationship manager with 24*7 availability. You can contact them to consult your problems and clear your doubts.
Online application and account management facility: Last but not the least, you get an online application and account management facility with the loan against securities.