Launch of Loan Against Securities in NJ E wealth Account

Launch of Loan Against Securities in
NJ E wealth Account

A landmark step towards business digitalization.

FEATURES

Application for Loans against securities to be done online through E Wealth Account.
Loan Sanction status updated within minutes on E wealth account.
E Sign of Loan Agreement & security pledge documents
Fast disbursement of loan amount
On line loan repayment option available
No foreclosure charges
Partial repayment possible.

Important Points

Online LAS application can only be done by individual clients.
For online LAS application the securities needs to be in Demat of NJ.
LAS can be initiated from Partner desk & E wealth account.
Soft Copy of Pan card & Cancel cheque (Printed Name) has to be uploaded in JPEG / PDF format.
Loan amount will be disbursed in the bank account given at the time of LAS application.
LAS will be available against – Mutual Funds , Shares , RBI bonds.
Close ended funds & ELSS funds which are still locked in cannot be pledged.
Minor's securities can not be pledged.
In case applicant for LAS is above 65 years of age it is mandatory to have a co – applicant who is a Major and less than 65 years of Age.
LAS will not be offered on any PMS Investments (Equity & MF).

Thanks & Regards,
NJ E-Wealth

Disclaimer: "The information in this mail is confidential and is intended solely for the addressee. Access to this mail by anyone else is unauthorized. Any copying or further distribution beyond the original recipient is not intended and may be unlawful. The opinion expressed in this mail is that of the sender and do not necessarily reflect that of NJ IndiaInvest Pvt Ltd."