Loan Against Shares
Meet immediate money requirements not by selling your securities but by getting hassle-free loans against them. So along with meeting your instant need for cash, you can continue to reap accrued corporate benefits like bonus and dividends on your securities. Start using this product by pledging the listed or approved equity shares in favour of Shree Bahubali Corporation Limited, the lender. No EMI or advance payment charges are applicable.
Our objectives on Loan Against Shares
To promote good and fair practices by setting minimum standards in dealing with customers
To increase transparency and to make the customer understand the services clearly
To encourage market forces, through competition, to achieve higher operating standards
To promote a fair and cordial relationship between customer and the Company
Fair Practices Code
With a view to institute fairness, transparency and healthy practice in rendering the lending business the Company has adopted and put in place the following updated Fair Practice Code in accordance with the Reserve Bank of India circular no.DNBS.CC.PD.No.266 /03.10.01/2011-12 dated March 26, 2012 and DNBS (PD) CC No. 286/03.10.042/2012-13 dated July 02, 2012. The said is updated as per the circular No. RBI / 2012-13/416 dated 18th February, 2013.
Apply for a hassle free loan now!
If you are convinced with our services, you can fill the form to open an account with us and we shall get back to you with more details.For further details, write to us at bahubali10@yahoo.com or Contact Mr. Shresth Jain at +91.9958608968.
Interest rate policy for loan
Reserve Bank of India (RBI) vide its Circular DNBS PD/CC No.95/03.05.002/2006-07 dated May 24, 2007 advised that Board of Non Banking Finance Companies (NBFC’s) lay out appropriate internal principles and procedures in determining interest rates, processing and other charges.
With a view to institute fair and transparent dealings in the lending business, the company has adopted and put in place the following Interest Rate Policy parallel to the company’s Fair Practice Code, in accordance with the Reserve Bank of India circular no. DNBS.CC.PD.No.266/03. 10.01/2011-12 dated March 26, 2012.
RBI further advised NBFC’s to adopt appropriate interest rate model taking into account relevant factors and to disclose the rate of interest, gradations of risk and rationale for charging different rate of interest.
Keeping in view the RBI’s guidelines as cited above, and the good Grievance Redressal practices being followed by SBCL, the following internal guidelines, policies, procedures and interest rate model have been adopted by SBCL. These need to be taken into cognizance while determining interest rates and other charges, and changes thereto.
