Loan Against Securities (LAS)/ Loan Against Property (LAP)
Leverage your investments by mortgaging your shares or property with competitive interest rates.
Loan Against Securities (LAS)
Loan against securities is a loan where you pledge your shares, mutual funds or life insurance policies as collateral to the bank or NBFC against your loan amount. Loan against securities is an ideal way to make your investments work harder and smarter. It helps you to meet financial emergencies or fulfil certain short-term or long-term goals.
Benefits
High loan value.
Easy to process.
You still continue to receive the various benefits of your share investments.
Comprehensive list of approved securities.
Dedicated relationship manager .
Loan Against Property (LAP)
It is a mortgage loan offered to individuals/firms/companies against their existing property. Typically, the purpose of the loan is business expansion, debt consolidation, etc., A Loan Against Property helps you unlock the hidden equity in your property holdings. You can borrow money using your property as collateral and repay it in EMIs over time. This allows you to hold on to your property and, at the same time, raise funds for your need.
Benefits
Enjoy a lower interest rate.
Variety of property can be pledged .
Repay over a longer tenure in EMI form..
Get tax benefits on interest payments.
Manage all your big-ticket expenses comfortably.