There are certain situations that warrant instant financial action. Whether you’re looking to tend to sudden medical emergencies or pay your vendors, service providers and distributors, you may need a substantial amount. Instead of liquidating your securities, you can consider taking a Loan Against Securities from Bajaj Finserv, which helps you get the desired amount easily.
It helps you utilise your investment portfolio and raise money without selling the securities that you hold. This allows you to retain ownership of securities and continue to earn interest on them and lets you access the sum you need by placing them as collateral.
Here are the key benefits of availing of a Bajaj Finserv Loan Against Securities:
1. High loan amount to finance any requirement
You can take care of all your personal and professional expenses on time using funds from this loan. Bajaj Finserv gives you access to up to Rs. 5 crore through this offering. This gives you a chance to meet big and small needs with ease.
It is important to note that the actual amount for your loan will depend on the value of the securities that you pledge. With Bajaj Finserv you can get a loan against securities as high as up to 95% of the value of your securities.
2. Nominal rate of interest to make borrowing affordable
The interest rate at which you avail the loan determines its affordability. Keeping this in mind, Bajaj Finserv sanctions a loan against securities at a nominal rate of interest. This way you can truly rely on this loan when faced with an urgent need for finance.
3. Dedicated relationship manager to simplify the process
Even once you borrow the loan you may have doubts and queries regarding your investments. So, Bajaj Finserv offers you the services of a dedicated relationship manager. You can get in touch with your appointed manager 24 hours a day, 7 days a week to get answers to all your queries.
4. Flexible terms for easy repayment
This loan further simplifies repayment by letting you choose a flexible tenor. You can opt for a comfortable tenor of up to 3 years, as per your repayment ability. Additionally, you can use surplus funds from a maturing fixed deposit or from your yearly bonus, for example, to make part-prepayments on your loan.
5. Simple application procedure and quick processing
You can apply for this loan online, from the comfort of your home, at your convenience, with just a few clicks. All you have to do is fill in an easy application form. Once approved, your loan amount will be disbursed to you within 48 hours.
In case of immediate financing needs, you can also look for pre-approved offers by Bajaj Finserv, where your money is ready for you, and all you have to do is share your basic details.
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