Product Overview
  • Maintain an LTV ratio of 50%; and
  • Accept only Group 1 securities (specified in SMD/ Policy/ Cir - 9/ 2003 dated March 11, 2003 as amended from time to time, issued by SEBI) as collateral for loans of value and also approved by management.
  • Any Shortfall in the maintenance of 50% LTV occurring on account of movement in the share price shall be made good within 7 days. If fail to arrange for maintenance of the 50% LTV within Five days, we would be forced to initiate necessary actions including liquidation of securities, as set out in the terms of the agreement.
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