Any asset which is in demat form such as Listed Shares, Mutual fund units, Bonds, etc. can be used as a security for obtaining overdraft limit through the SPARK platform.
Apply NowLoan against shares at SPARK is in form of an overdraft credit line which you can use at your ease. Withdraw and Repay loan amounts as per your requirement. Interest is charged only on the amount withdrawn and not on the entire overdraft limit.
Smart loan top-up:
You get easy one click loan top up benefit whenever
there is increase in value of pledged securities.
Pledge/Unpledge:
Get rid of tedious pledge/unpledge formalities by
experiencing simple and seamless process at Spark.
Sell securities:
Now you can Sell your pledged securities through
SPARK to get instant credit to your loan account.
Easy tracking of portfolio:
You can now track your portfolio of pledged
securities and get instant notification of any
decrease in value to take immediate remedial action.
You can have full control over your loans and underlying collateral securities and keep track of the same at your fingertips.
Traders can now increase profits on trades by getting rid of high interest rates charged on margin funding. Avail easy loan against your securities at much lower interest rates.
We maintain complete transparency of the process with our customers including all the fees and charges applicable. There are no hidden charges.
You can avail hassle free quick loans through our complete digital process.
With just few simple KYC information, any person can apply for loans against securities. No need of cumbersome income statements and proof of cash flow for availing loan.
Pay your loan at your will without the burden of pre-payment charges.
Choice Finserv Pvt. Ltd.
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