Axis Bank provides you with Loan against Securities with excellent benefits. You can avail a loan for upto 85% of the value of your securities. The Loan against Securities facility is available to individuals, commercial entities and corporate bodies. Here are the Loan against Securities eligibility requirements.
Eligibility for 24x7 loan against Security:New
- Axis Bank customers with a Current or Savings account
- Demat Account with Axis Securities under NSDL..
- Demat holding in single name only.
Individuals who are eligible for a Loan against Shares & Mutual Funds:
- Resident Indians above the age of 18
- NRIs above the age of 18
Entities which are eligible for a Loan against Debt Mutual Funds:
- Resident Indians
- Sole Proprietorship
- Partnership firm
- Private Limited Companies
Individuals who are eligible for a Loan against a Life Insurance Policy: