Loan Against Securities


Loan against Securities (LAS) is a facility that provides a loan against shares to meet your liquidity requirements without actually selling the securities.

  • Interest will only be charged on the actual amount and that too for the time it is utilized.
  • LAS is provided for minimum 1 day and maximum 12 months however it can be renewed for a further period of one year with simple documentation on mutual terms.

Enquire for our Loan Against Share


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CHOICE FINSERV

Finserv is funnelling 26 years of experience to offer financial empowerment tools for the new-age individual / institution. Backed by Choice International Ltd, an end-to-end financial services company, which has expedited every complex financial transaction one can think of.

There is no need for a third party or a guarantor for taking loan against shares.

"With Loan against Shares, Choice Finserv is offering immediate disbursement of loans against shares/ securities for any purpose that a Retail or Institutional client might have"


Details of Principal Nodal Officer
of Choice Finserv Private Limited
SALIENT FEATURES: THE RESERVE BANK -
INTEGRATED OMBUDSMAN SCHEME, 2021

FINSERV ADVANTAGE

Loan against stock is available for our existing individual customers enjoying a satisfactory relationship with Choice and maintaining their DEMAT Account with Choice Equity Broking Private Limited.

Benefits

BENEFITS

  • Largest pool of approved list of Securities
  • S Minute Disbursement anytime (Post-Share Transfer)
  • Email Approval
  • No EMI or Prepayment charges applicable
  • Zero processing Fees*
  • No Need for a Third Party or a Guarantor
Salient Points

SALIENT POINTS

  • Approved Shares/Securities to be transferred to Choice
  • Minimum Rs.2 Lakh Loan requirement
  • Maximum 50% of Approved Security value (As per RBI Regulations)
  • Valuation as per last day closing
Eligibility

ELIGIBILITY

This facility is available to our existing individual customers enjoying a past satisfactory relationship with Choice and maintaining their DEMAT Account with Choice Equity Broking Private Limited.

It is offered as an Overdraft or Demand Loan. NRIs are currently not eligible for this loan.

NIL PART PAYMENT / FORECLOSURE CHARGES

NIL PART PAYMENT / FORECLOSURE CHARGES

Nil part payment and foreclosure allows you to make repayment of Loan at your convenience, as and when it'sfeasibleforyou.

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Zero Processing Fees

Zero Foreclosure Charges

No Guarantor

GET IN TOUCH


For more detail and copy of Fair Practice Code please e-mail request to nbfc©choiceindia.com

 OR 

What Is Loan Against Securities?

Market shares and stocks are some of the most crucial finance instruments. It can aid you in the need of the hour. During unprecedented times, you can suffice your finance needs by monetising these investments. It can enable you to procure your immediate fund requirement with ease. However, instead of selling or liquidating the securities, it is advised to take a loan against them. ...
Attention Investors: (1) Prevent Unauthorized Transactions in your account --> Update your Mobile Number and /or email id with us.(2) Receive alerts on your Registered Mobile for all debit and other important transactions in your Demat account & Trading account directly from Depository & Stock Exchange on the same day on your mobile or email. (3)No need to issue Cheque by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. (4) No worries for refund as the money remains in investor's account. (5)Registration details: Choice Equity Broking Private Limited –SEBI Reg. No. INZ000160131, BSE – TM Code – 3299, NSE – TM Code – 13773, MSEI - – TM Code – 73200, , MCX – TM Code – 40585, NCDEX – TM Code – 01006, ICEX TM Code -1274 (6) Depository Participant SEBI Reg. No. - IN-DP-84-2015, CDSL DP ID – 12066900. NSDL ID: IN301895 (7) AMFI Reg. No. ARN:126541 (8) Investors should be cautious on unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of systemic wrongdoing, potential frauds or unethical behaviour through the anonymous portal facility provided on BSE & NSE website.(9) Once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.(10) Weekly Options contracts on NIFTY 50 Index shall be available for trading in Future & Options segment w.e.f. 11/02/2019.. Please contact your local branch or dealer for details. (11) For any queries or service request: [email protected], 88-2424-2424, For any complaints or grievance: [email protected], In case you are not satisfied with broker resolution, You can also file complaint at SEBI Scores website : scores.gov.in/scores/Welcome.html
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