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Loan Against Securities (LAS) - A Comprehensive Guide

Loan Against Securities (LAS) is a type of loan that allows customers to obtain funds by pledging the securities they own, including mutual funds, shares, bonds, and more. The loan amount is determined by the value of the securities pledged, and the interest rates are competitive. In this guide, we will cover everything you need to know about LAS with Rurash Financials.

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Loan Against Securities (LAS) - A Comprehensive Guide

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  1. Loan Against Securities (LAS) - A Comprehensive Guide Loan Against Securities (LAS) is a type of loan that allows customers to obtain funds by pledging the securities they own, including mutual funds, shares, bonds, and more. The loan amount is determined by the value of the securities pledged, and the interest rates are competitive. In this guide, we will cover everything you need to know about LAS with Rurash Financials. Eligibility Criteria To be eligible for LAS, customers must be above 18 years of age and hold securities that are eligible for pledging. The securities must be free of any encumbrance and must not be under any lien. Customers must also have a good credit score and must fulfill other internal policies of Rurash Financials. Advantages of LAS with Rurash Customers can avail of LAS for various purposes, including personal, business, or investment-related needs. LAS is a secured loan, which means that the interest rates are lower compared to unsecured loans. The loan disbursement is quick, and there are no restrictions on the end-use of the loan amount. Customers can choose from various repayment options that suit their needs. Things to Consider Before Applying for a LAS There are a few things to consider before applying for a LAS. First, borrowers may lose their securities if they fail to repay the loan on time. The value of the securities may fluctuate, which may impact the loan amount and interest rates. Rurash Financials may require customers to pledge additional securities if the value of the pledged securities falls. Additionally, customers may miss out on potential gains if the value of the securities pledged increases. Types of Securities You Can Pledge Customers can pledge various types of securities, including shares and stocks of listed companies, mutual fund units, exchange-traded funds (ETFs), government securities, bonds, and debentures.

  2. How to Avail of Loan Against Securities with Rurash To avail of LAS with Rurash Financials, customers must provide the required documents, including identity proof, address proof, and proof of ownership of the securities. Rurash Financial Services will verify the documents and conduct a valuation of the securities. Then, the loan amount will be determined based on the value of the securities and the internal policies of Rurash. Finally, the loan agreement will be signed, and the loan amount will be disbursed to the customer's account. Conclusion Loan Against Securities is a useful financing option for customers who have securities that can be pledged as collateral. With competitive interest rates, flexible repayment options, and a seamless borrowing experience, LAS with Rurash Financials is an excellent choice for customers looking for a hassle-free way to obtain funds.

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