In a Loan against Securities scheme, an investor can pledge his existing securities,
with CHIRAG INVESTMENTS and avail funds after deduction of predefined margin. It
gives additional buying power to client to create wealth and grab opportunities
in the stock market. This unique facility helps an investor who has identified his
stocks but does not have resources to buy them in the secondary market. However,
through LAS one can leverage their existing portfolio to raise funds for further
investment.
REGISTRATION PROCESS
Interested investors need to enter into an agreement with SCPL. An Investor has
to open separate Savings Account in Axis bank with POA in favor of SCPL and also
client must have a Trading and Demat account with Chirag Investments.
ADVANTAGES WITH US
- Leveraging available investments for further investment.
- Liquidity without selling your long term investments through loans against securities.
- Competitive interest rate.
- Client can enjoy all the corporate benefits like dividend, bonus etc. accrued on
his securities.
- Client can view his funding position on-line.
- Interest to be charged on utilized amount and as per actual usage on loan against
Securities.
- There are no AMC Charges.
- No minimum commitment fees.
- Vast approved list.
- Loan against Securities from the company can go up to 65% of securities amount depending
on the type of securities.
ABOUT CHIRAG INVESTMENTS
Chirag Investments is an RBI registered NBFC and a part of one of the leading retail
broking houses in India - Sushil Financial Services Pvt. Ltd. The main business
of SCPL is that of lending money as Loan against Securities (LAS) and IPO funding
to its registered clients. The company does not offer loan options like education
loan, car loans or any other type of personal loan.
*For more information or enroll for LAS Service, fill your details in the form on the right side and we will get in touch with you.