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Margin Funding

Margin Funding

Our Margin Funding facility provides you greater opportunity to stay invested, leverage and reinvest with available resources in your demat account. As a most preferred leveraging tool for the Long Term Investors, margin funding resolves the funds requirement while upgrading and enhancing your portfolio. Margin Funding facility is a great financial solution to bridge the deficit of resources with funding from existing portfolio of securities to explore the options for leveraging.

Features
  • Loans available by utilising the stocks as margin in your DP(NSDL or CDSL )
  • Loan period of 12 months
  • Loan up to 50% of the value of the securities pledged
  • Loans from Rs One Lakh to Rs two crores.
  • Funds can be utilised only in capital market
  • All the corporate benefits (Bonuses, Dividends etc..) on the pledged shares will be directly received by you.
  • Flexible repayment options
  • Interest Charged only on amount utilised
  • Competitive Interest rate
  • Minimum Documentation

All funding facilities of ISFL are subject to internal policies and guidelines of ISFL framed from time to time. As such For MF

Eligibility
  • Any resident individual between the age group of 18 to 75 can apply for the loan. Where the individual is between 65 to 75 years, a guarantor or co applicant between the age of 18 – 64 is required.
  • Companies with track record for the last 2 years can apply for the loan
  • Minimum CIBIL score of 601
Fees & Charges

The loans of ISFL are attractively and competitively priced. ISFL charges a minimum processing fee upto 1% of the loan amount (plus applicable GST).

Documents Required

    minus    I) Retail Individual for credit limit up to Rs 20 Lakh

  • Self –attested copy of PAN Card, Aadhar Card and Bank statement for the last 3 months of the borrower. The same set needs to be collected for co-borrower/guarantor wherever applicable
  • Post Dated Cheque (PDC) for the loan sanction amount in favour of IFIN Securities Finance Limited without date

    minus    II) Retails Individual for Credit limit above Rs.20 Lakh and upto Rs .50.00 Lakh

  • Self-attested copy of Pan Card &Aadhaar Card of the borrower. The same set needs to be collected for co-borrower/guarantor wherever applicable
  • Self-declared Networth Certificate and latest 1 Year IT Return of the borrower. The same set needs to be collected for co-borrower/guarantor wherever applicable
  • Self attested latest 6 months Bank Account Statement of the borrower. The same set needs to be collected for co-boorower / guarantor wherever applicable
  • Post Dated Cheque (PDC) for the loan sanction amount in favour of IFIN Securities Finance Limited without date

    minus    III) Retails Individual for Credit limit above Rs.50 Lakh

  • Self –attested copy of PAN Card &Aadhaar Card of the borrower. The same set needs to be collected for co-borrower/ guarantor wherever applicable
  • CA certified latest Networth Certificate and latest 3 years IT Return of the borrower. The same set needs to be collected for co-borrower/guarantor wherever applicable
  • Latest 12 months Bank Account Transaction Statement (self Attested) of the borrower. The same set needs to collected for co-borrower/guarantor wherever applicable
  • Post Dated Cheque (PDC) for the loan sanction amount in favour of IFIN Securities Finance Limited without date

    minus    IV) Companies

  • Address Proof of the Company – self attested by Company Authorised signatories. (Borrower, Guarantor and Pledgor)
  • PAN Card of the Company – self attested by Company Authorised signatories (Borrower, Guarantor and Pledgor)
  • Latest 12 Months Bank account statement of the Company – Self attested by Company Authorised signatories (Borrower, Guarantor and Pledgor)
  • Latest Net worth Certificate of Borrower, Guarantor, Pledgor certified by CA on CA letter head for loans above Rs.20 Lakh, if the loan value is up to Rs. 20 Lakh a self certified net worth statement of the borrower, Guarantor and pledger would suffice.
  • Latest Three Years IT Return copy of Borrower, Guarantor and Pledger (self attested)
  • List of Directors with Signature on the Letter head of the Co.,(borrower, Guarantor and Pledgor)
  • List of Authorised signatories along with photo and specimen signature on the letter head.(Borrower, Guarantor and Pledgor)
  • Board Resolution on the letter head of the company with regd. Off. Address & Company common seal on the page (Borrower, Guarantor and Pledgor)
  • Latest Share holding pattern of the company on the letter head (Borrower, Guarantor and Pledgor)
  • Address Proof of the Directors – Self attested (Borrower, Guarantor and Pledgor)
  • PAN Card of the Director – Self attested (Borrower, Guarantor and Pledgor)
  • Bank account statement of the Director – self attested by client with Bank Seal and signature of the bank where the client has its existing bank account.
  • DIR – 23, Copy for the Appointment and Resigned Directors.
  • MOA,AOA and Certificate of Incorporation self-attested by company authorized signatory (Borrower, Guarantor and Pledgor)
  • Post Dated Cheque (PDC) for the loan sanction amount in favour of IFIN Securities Finance Limited without date