Financing against Ordinary Shares: 70% of average closing price of the share at the latest 120 working days or prevailing market price of the shares, whichever is lower
Financing against Promoter Shares: 50% of value of 180 days average price of ordinary shares or last traded price of promoter share, whichever is lower
Revolving tenure in case of lending against ordinary shares
1-year tenure in case of lending against promoter shares
Required Documents
Forecasted income statement.
Total portfolio of shares and Loan/Overdrafts availed from other financial institution/s.
