Loans against Shares or Securities allows you to get instant liquidity without losing ownership of it. This loan product enables the customers to get instant liquidity without selling their Shares (Equity and Preference) or Securities (Mutual Funds, Insurance Policy, Gold Deposit Certificate, NABARD Bonds, NSC, KVP, FMP, NCD etc). New current account will be opened in the name of the customer and a credit limit will be sanctioned. The rate of interest is calculated on the basis of the amount withdrawn and period of utilisation of funds. No EMIs or Post dated cheques are required.