Mahalaxmi Margin Lending Loan
Mahalaxmi Share Loan is a loan product paper deliberated to cash against the share (DMAT Share) listed in the Nepal Stock Exchange. The bank provides loan facility by pledging the listed share/s at a predetermined rate of interest. The bank sanctions the credit facility after obtaining required documents with the reasonable valuation of the share/s to be pledged. This facility will be in revolving nature.
Loan Limit : Minimum limit NPR. 5 Lakh
: Maximum Limit NPR 150,000,000.00 (for Single obligor limit) not exceeding 150 Million SOL limit including other BFIs.
Loan Tenure : Maximum up to l year and could renew based upon the requirement of customer.
Eligibility of the Borrower:
- Only Individual/ investment company/firm Borrower.
- Nationality: Nepalese Citizen
- Tenure: One Year
- Should have a good reputation, repayment capacity.
- Should not be black listed with any banks & financial institutions.
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