Loan against Shares

Looking to expand your business, a strategic expansion or even refinancing ? Your investment in shares is your solution to liquidity. We provide financing solutions to individuals or concerns against the security of their shares on our approved list.

Salient features

• Loan amount will be primarily based on the category of scrip being offered as collateral. Margin stipulations vary
• Enables the promoters to meet their strategic funding requirements without diluting their stake
• The borrower continues to avail ownership benefits like dividend, bonus and other rights on the scrips

Loan amount

• Rupees 1 lakh to Rs. 150 lakhs

Period of loan

• 6 months to 36 months

Repayment

• Monthly EMI
• Bullet payment for short term loan

Documentation

• Pledge of de-materialised shares in MCSL’s favour
• KYC documents of the borrowing entity and all the signatories for the facility

FAQ

Q: What is the interest rate on the facility?
A: We offer attractive interest rates on the facility depending on loan amount, credit assessment and other parameters. Further details will be provided by our     Relationship Manager

Q: Where do the shares need to be listed?
A: The shares offered as collateral needs to be listed on either National Stock Exchange or Bombay Stock Exchange