Loan against primary security of dematerialized shares.
Basic Eligibility Criteria:
- Shares of Companies listed in NEPSE & approved by bank to be pledged
- Shares to be transferable in bank’s name
Both OD nature and Demand nature loan can be provided
Minimum NPR 0.5 mil and maximum as required.
-Minimum margin of 65%
-Loan is calculated up to 65% of the average value of the pledged shares as calculated on the basis of closing price of previous 180 working days or prevailing market price of shares, whichever is lower
-Drawing power is calculated on weekly basis
Payment of margin shall be called in case of fluctuation in value of the shares
Repayment: Subject to renewal (OD only) upon satisfactory performance.
Rates & Fees:
Interest Rate: Competitive rate and charges.
Collateral/Security: Pledge of shares with Security Exchange Board in Bank’s name