Loan Against Securities Rates and Charges

Loans against Securities comes to you at attractive interest rates generally ranging from 12%-18%, which are based on the trends prevailing in the market at the time of the loan. The rates may vary according to the product-variant.

Given below is the list of fees and charges applicable on availing loan against securities:

ParticularsCharges
Loan Processing charge0.25%** to 1%
Renewal chargeAs per prevailing rates
Pre-payment chargeNil
Penal interest2% p.m.+ applicable taxes or other statutory levies, if any
Sale of security in the event of defaultThe brokerage and other charges as per actual
Cheque return chargeRs. 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.

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