Share Loan

Leverage your investments in shares for securing a loan to meet unforeseen expenses. This loan can also be used for subscribing to rights or new issue of shares.

Eligibility

All individuals who have adequate source of income and are eligible to purchase shares.

Quantum

The loan amount for purchase of shares should not exceed 50% of the market price or offer price, whichever is lower at that point of time. It is to be noted that the market price is to be derived from the lowest of the last three years traded price.The last traded prices can be obtained from the RSEBL.

Interest Rate

11.05% (Floating), 11.96% (5 Years Reset) and 12.75% (Fixed Rate)

Tenure

6 years

Required Documents

  • Copy of CID of both the applicant and the guarantor

  • One recent passport size photograph of the applicant

  • Proof of income to service the loan – verified rental income via way of rental receipts, PIT/BIT, etc.

  • Trade Certificate confirmation from RSEB

  • Call us on: 1095
  • Write to us at: [email protected]
  • Request Callback:+975