We don't make Loan.
We make Loan better
A Loan Against Securities (LAS) is a smart way to get funds instantly when you need money for any investment opportunity or financial emergencies This loan lets you pledge your securities and get money faster compared to other loan options. You can pledge your stocks, bonds, Mutual Funds or other securities as collateral.
- Loan against shares
- Loan against mutual funds
- Loan against bonds
Overdraft facility Interest on amount utilised only
Pay Interest only on the amount withdrawn and for the period utilised. No EMIs or post dated cheques required
24/7 Withdrawal Facility
Withdraw and repay funds anytime without any physical request or email. Get funds instantly anytime during weekday or weekend
No Income Proof up to 2 crores
Get loan without detailed income documents. Hassle free evaluation process.
Continue earning dividends/ income
Keep earning dividends / interest income on your pledged securities while availing loan against securities
Zero Foreclosure and Repayment Charges
No charges on any prepayment of loan , part payment at anytime during the entire tenure of the loan
Digital Process and Minimal Documents
Pledge your Shares/ Mutual Funds digitally and get an instant loan in three easy steps. It’s completely automated and paperless.
Lend to AK Finance and get 11.50% p.a. interest
Secured returns, Interest income invest in mutual fund increasing returns and safety of principal amount, recurring expenses management, Flexible interest date and principal repayment anytime.
Recurring Investment
Interest Income can be used to invest in regular investment products like mutual funds through SIP route increasing returns and safety of principal amount
Secured Loan
Agreement between you and AK Finance. Post dated cheque (PDC) for the entire loan. Upto 70% of loan amount invested in secured fixed income products.
Real time tracking
AK Finance- Android & iOS apps allow you to track the interest and expenses on the go , on a mobile or tablet. Also use our Web application to manage & track on any computer device.
Flexible Interest Date
Choose interest payout date as per your convenience, to match financial investments goals or manage recurring expenses.
Principal Repayment
You can demand principal amount anytime and AK Finance will repay maximum within 7 days
Rate of Interest 11.50% p.a.
Interest rate of 9% p.a for 11 months and 2.5% payable on 12th month
INTEREST INCOME
|
Loan Amount
|
1 Month
|
3 Months
|
11 Months
|
12th Month Income
|
Total Income (1 Year)
|
|---|---|---|---|---|---|
|
1 lacs
|
750
|
2,250
|
8,250
|
3,250
|
11,500
|
|
2 lacs
|
1,500
|
4,500
|
16,500
|
6,500
|
23,000
|
|
5 lacs
|
3,750
|
11,250
|
41,250
|
16,250
|
57,500
|
|
10 lacs
|
7,500
|
22,500
|
82,500
|
32,500
|
115,000
|