Loans against Securities

Loans against Securities offers you instant liquidity.

You don’t have to sell your securities. All you have to do is pledge your securities in favour of ICICI Bank. We will then grant you an overdraft facility up to a value determined on the basis of the securities pledged by you. A current account will be opened and you can withdraw money as and when you require. Interest will be charged only on the amount withdrawn and for the time span utilised.

This facility is available against the following securities

	Demat Shares
	Mutual Funds Units
	Insurance Policies
	UTI Bonds
	NSC/KVP (In demat form only)

*Applicable Service Tax shall be levied in accordance with the Finance (No.2) Act 2004.