LAS (Loan against Securities)
LAS Term Loan is the loan available to clients against their investments. It provides liquidity without having to liquidate investments, at times when funds are required in an urgency. The securities like Equity/Debt mutual funds, shares are pledged. At a very competitive rate, a loan is provided against the pledged securities.
The LAS – Term Loan product introduced by us provides a very quick, convenient way of availing finance against securities held in your E-wealth account, while still retaining ownership and riding the upside of being invested in the stock market.
The EMI based repayment structure also ensures that payments are made in an orderly, planned and affordable manner over the specified period and the liability is continuously brought down.
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