Loans against Securities are available in the form of overdraft facility. It is a loan obtains by pledging against financial securities like Shares, Stocks, Mutual Funds, Fixed Maturity Plans, Units and Bonds. You pledge the securities you have invested in as collateral against loan amount. A loan against securities is an ideal way to make your investment work harder and smarter for you.
The following documents are required along with your Loan Against Securities application: