LAS /LAP
We provide loan against securities which is advantageous as this helps you to keep your carefully made portfolio intact and get cash against it anytime you want.
All the banks and NBFCs have their individual list of approved securities against which the bank/NBFC provides a loan. Both, resident and non-resident Indians can take a loan against the securities.
Even if you are a meticulous saver, there may be times when your finances are strained and you need a little help to tide you over. Though borrowing from family or friends is a preferred option for many, if the amount you need is large, it may not be a good idea to stress their finances as well. A better option would be to leverage an asset you own-your house.
You can use your house as collateral to take a loan from a bank. The latter will exercise due diligence as far as the property is concerned, appraise its value, and offer you up to 70% of its value as loan. Since this is a secured loan (you are offering a collateral), you can get a higher amount than the one you will get for an unsecured loan like a personal loan.
MFSHOPPE FINSERV LLP (Mutual Fund Shoppe) is a registered distributor of Mutual Funds, Structured Investment Products (SIF), Portfolio Management Services (PMS), and Alternate Investment Funds (AIF).
AMFI Registered Mutual Funds Distributor | ARN-284010 | Initial Date of Registration: 03/01/2024 | Validity: 02/01/2027