Now BFL Loan Against Securities (Shares/Mutual Funds/Bonds) can be sourced with all your portfolio Investor’s along with your Existing Fixed Deposit DSA Code with us.
Approved Securities and Loan Details
- Top 99% Mutual Funds & 1100+ Equities schemes are approved with us.
- Equities - 50% of current Market value
- Debt - 85% of current Market value
- Govt. Sec Bonds - 85% of current Market Value
Reasons to Choose BFL Loan Against Securities (LAS)
A pre-approved credit limit allows investors to borrow money based on their need and only pay interest on the money utilized. Leverage investor investments in shares for loans to meet unforeseen expenses!
Product Details
| Details | Description |
|---|---|
| Min. Loan Amount | 5 Lakhs |
| Max. Loan Amount | 300 Cr. |
| Tenor | 3 Years |
| ROI | Starts at 10.50% to 11.00% |
| Processing Fee (PF) | Min. 0.25% to 2.00% |
| Repayment Charges | No Repayment charges |
| Type of Loan | Flexi Loan (Overdraft against Share/MF/Bonds) |
| E2E Paperless process | Up to Rs. 5 Cr (Resident Individuals) |
Eligibility Criteria
- Nationality: Indian
- Age: 18 to 90 Years
- Employment: Salaried/Self Employed
- Security Value: Min. 50k
Documents Required
- Pan card
- KYC Docs: Aadhaar/Voter ID/Passport
- Consolidated DEMAT/MF Holding Account Statement