Loan against Shares is offered by accepting the shares as security. Shares pledged as security are vested with the DP of IFIN. The margins for the shares are reviewed periodically and sanctioned loan based on the securities offered.
Margin funding is the funds that brokerages arrange to finance investors' share purchases. The margins for the shares are reviewed periodically and sanctioned loan based on the securities offered.
IFIN Securities Finance Limited (ISFL) with Corporate Identification Number is (CIN) U65991TN1989GOI017792 is a Public Company incorporated on 27th July 1989 under the name Narayan Sriram Investments Pvt. Ltd and subsequently changed to IFIN Securities Finance Limited (ISFL) on 29th August 2013. The company has been classified as Union Government Company and is a subsidiary of IFCI Financial Services Limited.
ISFL is a Non-Banking Financial Company (Non Deposit Taking) registered with the Reserve Bank of India (RBI) engaged in the business of Lending to Individuals and Corporates.