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Loan against securities
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Overview
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Moneywise Financial Services Pvt. Ltd. (MFSPL), registered as a non banking financial
company (NBFC), is a subsidiary of SMC Global
Securities Ltd. offers loan against securities
of shares.
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Our offerings
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- Available to all major Indian citizens
- Additional buying power to create wealth and grab market opportunity
- Loans against shares are extended against basket of securities traded on BSE/ NSE
- List of securities is available on demand and/or on our web site
- Client has to maintain requisite margin as per categorization of scrips, value based
on LTV
- Margin calls are made if the value of margin falls by 10% which can be met either
by redemption of the securities or placing additional securities
- Tailor-made scheme to cater to the needs of all segments of investors
- Free trade environment
- Minimum Interest rates application on daily balances to minimize the cost of fund
- Interest application on daily balances to minimize the cost of fund
- Bunch of financial products with expert opinion
- Easy processing and simple documentation
- Securities are to be transferred to MFSPL
- Registration:
- Applicant should have POA - demat and trading account with SMC global securities
Ltd.
- Client should complete the Loan application along with necessary documents
- Loan settlement and release of shares:
- Loan can be settled by payment to Moneywise Financial Services Pvt. Ltd.
- Shares shall be released on clearance of the payment
- In case of closure, client has to clear all the dues
- Shares may be released if matching securities are furnished. Surplus value of shares
may be released in part/full (as per borrower’s request). Alternatively surplus
value of share may be used for additional funding
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Contact us
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For New Account Opening, grievances or queries
Write to us at  fund@smcfinance.com
Or
011-30111000
Or Visit our nearest SMC branch
Click here for back office access
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