Loan: If you have shares in your demat account then you can easily take a loan.
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New Delhi : If you are also in share market (Share Market) If you are investing then you can take a loan. borrow when needed (loan) Can be taken You will get loan in exchange of shares. in demat account (Demat Account) But there must be a share.
Mirae Asset Group is a Non-Banking Financial Company (NBFC) This facility has been launched through Mirae Asset Financial Services. this loan NSDL Registered demat account holder of
account holder for MAFS Must download this mobile app. Mirae Asset Financial Services will give you online loan through this app. Interestingly, you also have the facility to borrow against investing in mutual funds. This facility has already been started by the company.
NSDL Demat account holders can avail loan against equity investments ranging from Rs 10,000 to Rs 1 crore. For that, the shares have to be kept as collateral. The customer can avail the loan by keeping the shares as collateral from the list of approved equities.
This loan will be available to the account holders in the form of overdraft. Customers can do this process whenever and wherever required through the mobile app. They will get the loan amount instantly.
Once the loan processing is complete, the loan amount will be credited to the customer’s account on the same day. Up to 9 percent interest will be charged on this loan.
MAFS One can apply for the loan through the mobile app. The account holder will get the loan as per his requirement. But for that it is necessary to have share balance in the demat account. The customer can repay the loan amount.
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