Rates and Charges
Loans against securities come to you at attractive interest rates generally ranging from 10%-18%,p.a. based on your profile and the trends prevailing in the market. The rates may vary according to the product-variant.
Given below is the list of fees and charges applicable on availing loan against securities:
- Loan Processing charge
0.25%** to 1%
Renewal charge as per prevailing rates
- Pre-payment charge
- Penal interest
2% per month
Sale of security in the event of default. The brokerage and other charges as per actual. Cheque return charge ₹ 500 per instance.
- Cheque return charge:
₹500 per instance.
Note: **GST and other government taxes, levies, etc. applicable as per the prevailing rates will be charged in addition to these charges.