We at Motilal Oswal Financial Services understand your needs and help you meet your liquidity requirements. We offer Loan against shares to individuals and corporates.
We provide finance for investment in primary market issues. We also possess expertise in financing for short-term requirements, to buy securities from secondary markets.
Definition: It is finance facility where client have to pay only Margin and MTM Rest is funded by MOFSL.
Requirements:
Client has to sign Master Loan Agreement.
Check List:
| Documents | No. of Copies |
| Pan Card | 2+1 |
| Address Proof | 2+1 |
| IT Return | 2 |
| Photograpgh | 2 |
| Cheque of Rs.1000/- in favor of HDFC Bank Ltd. A/C | Credit will be given to you for this |
Kindly note:
All documents should be self attested.
All photographs and signatures should match with proofs given
For discrepancies we have additional documents which need to be submitted
Scrips:
Funding is available only in Approved stocks.
No Funding on Non Approved Scrips & T2T Scrips.
This product is suitable for clients, who want to take the inherent benefits of leveraging, and want to keep the delivery of the stock for longer period of time with their part margin. The balance amount is funded by MOFSL and the interest is being charged on the funded amount.
Ø By utilizing this facility, a client benefits by actually owning the stock with even the partial payment.
Ø Even if part payment is made by client, benefits like dividend, bonuses etc. are passed on to the client.