Pune (Maharashtra) [India], Apr 13 (Businesswire India): Bajaj Finserv, through its lending arm Bajaj Finance Ltd., is offering a flexible funding option to the investors of securities, mutual funds, insurance, and bonds.
The product offers a huge relief to people who have invested heavily in securities during end of financial year for tax saving purpose. Now, investors need not to sell their investments to meet their funding requirements. Customers can avail instant funding in two easy steps, by simply pledging their securities in favor of the company.
This product offers easy loans against marketable securities such as Shares, Bonds, Mutual Funds, FMP's, ESOP financing, IPO financing and Bajaj Allianz ULIP.
Customers can avail loans starting from Rs. five lakhs up to Rs. 100 crore against a wide range of securities, through a hassle-free online application process with minimal documentation.
Feature and benefits of Bajaj Finserv Loan against Security:
•High Loan Value
Loans Against Securities comparatively offers high ticket value than other generic loans. Customers can avail loans starting from Rs. five lakhs up to Rs. 100 crore against a wide range of securities
Since one is pledging collaterals, loan against securities does not require any documents making the whole process hassle free
•Online Account Access
Customers can exercise complete control over their loan portfolio through Bajaj Finserv Experia Portal including accessing account statements and making payments.
A dedicated Relationship Manager will be available 24x7 for the customers to provide ongoing assistance with all requests.
•Wide List of Approved Securities
A comprehensive list of securities are accepted as a collateral for Loan against securities by customers included Shares, Mutual Funds, FMPs, ESOPs, IPOs and Bonds. (Businesswire India)