loan against securities

Loan Against Securities  

Instant Overdraft Against Your Mutual Funds

Digital Loan Against Mutual Funds – You can pledge mutual fund investments online and get an overdraft limit set in your account. Enjoy the benefits of instant availability of funds, retention of mutual fund returns without liquidation, and more.

Approved Securities – Get loan against the widest range of collaterals in the industry 
Approved list of securities includes:

Equity Shares – Get loan up to 50% of the present value of the Shares

Mutual Funds – Equity Mutual Funds: Get loan up to 50% of the NAV (Net Asset Value)
Debt Mutual Funds/ FMPs: Get loan up to 80% of the NAV

Life Insurance Policies – Get loan up to 80% of the surrender value

Features:
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  • Digital loan against Shares/ Mutual Funds – Pledge your Shares/ Mutual Funds digitally and get an instant loan in three easy steps. It’s completely automated and paperless. 
  • High Loan to Value – Get a loan worth up to 80% of the value of the securities pledged, with the minimum loan amount of Rs. 50 thousand.
  • Easy Repayment – Service your interest payments by way of credits in your account every month. The interest is calculated only on the amount of the loan actually used by you. 
  • Transparent Processing
    All our charges are communicated up front, at the time of the processing of the loan. HDFC Bank Loan Against Securities comes without any prepayment and foreclosure charges, and relieves you from the stress of dealing with post dated cheques. 
  • Quick and Efficient Servicing
    With our doorstep service and efficient servicing processes, your loan will be processed quickly. Our Loan Against Securities has a dedicated help desk, to help you with the entire process. 
  • Interest Only on Actual Amount Used
    When you opt to take a Loan Against Securities, you don’t need to worry about paying interest on the entire loan amount. You will be charged interest only on the actual loan amount you use. Interest will be calculated on the daily outstanding balance, and debited to your account at the end of every month.