The financial investments you make today may serve you in times when you least expect it. Specifically talking about loan against securities or your fixed assets is one such example of a the scenario mentioned in the beginning. You might not be aware of how a fixed asset such as a mutual fund or a bond can drift you away from financial crisis. Let’s know more about it here -

You can easily apply for the loan online with minimum paperwork. Lenders such as leading NBFCs provide loan against a number of securities such as Shares, Mutual Funds, FMPs, ESOPs, IPOs and Bonds which are accepted as collateral. Upon verification, when your digital online application meets the lender’s criteria you enjoy instant approval and quick disbursement. Though, it may be noted that loan terms vary as per the criteria of the lender and the individual profile of the loan seeker.

While, borrowing against securities you can avail high value loan amount up to Rs. 10 crores at at an affordable rate of interest and flexible tenure. To avail the loan you must provide all relevant paperwork such as the identification proofs, documents proof of securities, and passport size of photograph to the lender. To support your application the lender might need supporting documents which must be furnished to improve the chances of your loan application getting approved.

Lenders let you foreclose or part prepay the loan at nil or zero charges. This helps you get rid of the debt faster thereby leaving a positive impact on your credit or CIBIL score. Additionally, you can maintain and access the loan online from anywhere, at anytime to make informed decisions during the loan cycle.