
Note: *(GST, other government taxes and levies as applicable, will be payable on all charges)
When you take a loan against security to tackle your urgent financial requirements, you must pay interest to the lender. This interest is calculated as per the loan against the securities rate of interest applicable to your loan amount. The loan against securities interest rates may vary from one lending institution to another and are usually charged as percentages on principal loan amounts.
With Tata Capital, you can avail of a loan against shares, mutual funds, or bonds at the most affordable interest rates. Furthermore, depending on your loan eligibility, monthly income, credit score, and the type of security, we can determine the best loan against securities rate of interest for you.
Also, we don’t levy any hidden charges on our loans against securities. We convey all charges transparently at the time of loan processing.
Type of Charge | Applicable Rate |
---|---|
Rate of Interest | 10% - 20% (depending on quantity and quality of securities) |
Nonrefundable Processing fees (in Rupees) | Up to 3% of the loan amount + GST (mentioned in the loan agreement , varies from partner to partner) |
Stamp Duty (in Rupees) | At Actual |
Document Processing Charges (in Rupees) | Nil |
Pledge Charges -LAS | Nil |
Lien creation charges-LAS-MF | Rs 350 per RTA (Registrar and Transfer Agent) per Lien creation |
Lien Invocation/Revocation Charges-LAS-MF | Rs 100 per RTA (Registrar and Transfer Agent) per Lien Invocation/Revocation |
*Terms & Conditions apply.
3% per month on overdue amount (36% p.a.)
Rs. 600/- per instrument per instance (These are those charges that are levied in case of a repayment bounce)
NIL
NIL
Note: *(GST, other government taxes and levies as applicable, will be payable on all charges)
We also levy the following Contingent charges on our loans against securities:
Type of Charge | Applicable Rates |
---|---|
Annual Maintenance Charges/ Renewal Charges (in Rupees) | Up to 3% of the loan amount + GST (mentioned in the loan agreement , varies from partner to partner) |
Repossession Charges/Liquidation Charges (in Rupees) | 0.35% of sale consideration + brokerage applicable |
Additional Pldge/lien creation charges (in Rupees) | Nil |
Collection Charges (in Rupees) | Nil |
Prepayment/ Foreclosure charge (in Rupees) | Nil |
Note: GST, other government taxes and levies as applicable, will be payable on all charges.