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 as per bank policy.
¨ 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.