Why us?
IndusLAS offer an overdraft facility (OD) against approved securities such as Shares, Mutual Fund Schemes / Units, Govt & PSU Bonds including Sovereign Gold Bonds (SGB). You can avail maximum loan against your investments to get all that you ever wanted in your personal, business or professional life without liquidating your securities.
Stay Invested in Shares, Mutual Funds, Bonds & enjoy Liquidity against your investments
Benefits
Higher Loan Amount against your securities
Single Scrip Lending
Widest Range of approved securities
Third Party DP Securities Acceptable
No Charge / Penalty for non-usage of funds
No Prepayment Charges
Eligibility Criteria
Eligibilty
- Non-Resident Indian
- Age between 18 years to 70 years
- Investment in approved securities
Documents Required
- Application form and loan agreement
- KYC documents such as identity proof, signature proof and address proof.
- Demat Account Statement or Statement of Holdings (MF)
- Annexure W / lien request letter for pledging of securities
- For loan amount greater than Rs 50 Lac, last two years ITR with computation of income and last three months Bank Statement
- Valid Passport and Visa
Schedule of charges
Click on the link below for details:
Similar Products
Gold Loan
We know your gold is worth a thousand sentiments and opportunities. Presenting IndusInd Bank Gold Loans - Smart way to fund your dreams.
Key Feature and Benefits
- Minimum Documentation
- Instant Disbursal
- Tenure: 3-24 months
- Upto 10 Lakh Loan
Personal Loan
With IndusInd Bank’s personal loan, you can achieve all your goals. You can effectively turn your dream into reality.
Key Feature and Benefits
- Easy documentation
- Flexi loan tenure
- Best-in-class features
Loan against Property
Apply for IndusInd Bank Loan against Property to meet your business or personal needs which helps you unlock the hidden value of your property.
Key Feature and Benefits
- Loan Against Residential or Commercial Property
- Loan for Purchase of Commercial Property
- Additional Finance
- Balance Transfer
- Lease Rental Discounting
Note: The Bank may seek additional documents for sanction of loan facility, if required