Nutan Bank

O/D Agst. Shares.

O/D Agst. Shares.

  • This facility is to be allowed against pledge of Demat shares only which have been approved by our Board of Directors.
  • Margin should be fixed at minimum 50.00 %
  • Maximum advance per borrower should not exceed Rs. 10.00 lacs.
  • No advance, (fund based or non-fund based) is to be allowed to share/stock brokers/commodity brokers.

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