(LAS) - Shares, Mutual Funds, Life Insurance Policies, RBI Bonds, NCDs and more
There are times when you want funds but are stuck because you are invested into stocks, mutual funds, NCDs, Life insurance, etc. and do not want to liquidate / sell / exit. What do you do in such a situation?
Metcon Finance brings to your doorstep, the opportunity to use your investments to get liquidity, without selling them through Loan against Securities or LAS.
Get up to 80% loan against the value of your securities. Term loans and Overdraft (OD) facility offered on securities too!
Pay the interest only when you actually use the loan
Funding on over 800 scrips
» Mutual Funds
» Non-Convertible Debentures (NCDs)
» Life Insurance Policies issued by LIC and select Private Insurance Companies
» Gold Deposit Certificates (GDC)
» RBI Bonds - 8% Savings Bonds 2003 (Taxable)
» National Savings Certificates (NSC)
» Kisan Vikas Patra (KVP)
» NABARD's Bhavishya Nirman Bonds
What is the Rate of Interest (%) p.a. that I have to pay?
The rate of interest for LAS varies for the Portfolios held by different clients. However, usually a range of 11.5% - 17.5% is applicable, depending on the risk attached to the securities held.
Looking forward to expand your capital market portfolio?
Metcon Finance offers you products to finance your capital market investments and trading through securing Margin funding and IPO investments.
Hence, our team provides you with diverse options to choose from, fulfilling all your needs under one roof.
Terms & Conditions Apply