Loan against securities enables you to borrow funds against your securities i.e Equity shares, Mutual Funds, Bonds, FMPs, Life Insurance, and any other tradable instruments without liquidating them. Instead of selling your securities, you can pledge them and seek an overdraft facility. In a loan against securities, you pay interest only on the amount utilized.
Bank Name | Bank | Loan Rates | Tenure |
---|---|---|---|
Kotak Bank | 6.50% | 12-36 Months | |
Aditya Birla Finance Limited | 6.50% | 12-36 Months | |
LIC | 6.60% | 12-36 Months | |
HDFC Bank | 6.75% | 12-36 Months | |
ICICI Bank | 6.75% | 12-36 Months | |
Godrej | 6.75% | 12-36 Months | |
IDFC First Bank | 6.90% | 12-36 Months | |
IDBI Bank | 6.90% | 12-36 Months | |
Tata Capital | 6.90% | 12-36 Months | |
Indiabulls Housing Finance Limited | 6.95% | 12-36 Months | |
L & T Housing finanace | 7.25% | 12-36 Months | |
PNB Housing Finance | 8.55% | 12-36 Months | |
ICICI Home Finance | 9.25% | 12-36 Months |