Loan to Value ( LTV )
Up to 50% of current market value
|2)Equity Mutual Funds:|
|Loan to Value ( LTV )||Up to 50% of Current Nav|
|Eligible Entity||Individuals & Non-Individuals|
|Loan to Value ( LTV )||Up to 85% of fair value|
|4) Debt MF’s/ FMP:|
|Eligible Entity||Individual & Non individual|
|Loan to Value ( LTV )||Up to 85% of current Market Value|
|Eligible Entity||Individuals and Non-Individuals|
|Loan to Value ( LTV )||Up to 90% of Current Surrender Value|
Yes. You can avail of limits by pledging the single scrip, if it is part of our approved list of scrips.
Your portfolio is valued periodically, and your overdraft limit varies, depending on the market rate of the shares you have pledged. You may at any time choose to increase your overdraft limit by pledging more shares, or decrease it by withdrawing them (within the permissible limits).
We revalue your portfolio on a weekly basis. Additionally, in the event of a sharp fall in the market prices, we conduct an interim revaluation.
The Bank has an e-mail alert and SMS alert facility whereby we intimate the latest limit as and when it changes due to revaluation of prices or lodgment / withdrawal of shares.