Loan Against Securities is a type of loan that allows customers to get a loan against the securities they own, including mutual funds, shares, bonds, and more. The loan amount is determined by the value of the securities pledged, and it has competitive interest rates.
● Customers must be above 18 years of age and hold securities that are eligible for pledging.
● The securities must be free of any encumbrance and must not be under any lien.
● Customers must have a good credit score and must fulfill other internal policies of Rurash Financial Services.
● Customers can avail of LAS for various purposes, including personal, business, or investment-related needs.
● LAS is a secured loan, which means that the interest rates are lower compared to unsecured loans.
● The loan disbursement is quick, and there are no restrictions on the end-use of the loan amount.
● Customers can choose from various repayment options that suit their needs.
● The borrower may lose the securities if they fail to repay the loan on time.
● The value of the securities may fluctuate, which may impact the loan amount and interest rates.
● Rurash Financial Services may require customers to pledge additional securities if the value of the pledged securities falls.
● Customers may miss out on potential gains if the value of the securities pledged increases.
● Shares and stocks of listed companies.
● Mutual fund units.
● Exchange-traded funds (ETFs).
● Government securities.
● Bonds and debentures.
Customers must provide the required documents, including identity proof, address proof, and proof of ownership of the securities. Rurash Financial Services will verify the documents and conduct a valuation of the securities.
Then the loan amount will be determined based on the value of the securities and the internal policies of Rurash Financial Services. Finally, The loan agreement will be signed, and the loan amount will be disbursed to the customer's account.
Our Loan Against Securities is a useful financing option for customers who have securities that can be pledged as collateral.
● Competitive interest rates
● Flexible repayment options
● Seamless borrowing experience
● Head Office:15, 2nd Floor, Nirlon House, 254-B, Opp. Sasmira, Dr. Annie
Besant Road, Worli, Mumbai – 400030
● Regional Office:-
Rurash Financials Pvt Ltd 605 - 607, B Wing, Mittal Tower, M G Road, Bengaluru – 560001
● Phone :+91 22 41571111
