Documents Required
The following documents are required along with the loan against securities application:
Know Your Customer
(KYC) documents
Latest statement of equity
/ MF holding
Pledge form for the
creation of pledge
Agreement between Rudra
and the pledger
Individual
| Eligibility | Documents Required |
|---|---|
| Indian Residents | Application form and loan agreement |
| Age between 18 to 70 years | KYC documents such as identity proof, signature proof and address proof. |
| Holding approved securities | Demat Account Statement or Statement of Holdings (MF) |
| Annexure W / lien request letter for pledging of securities | |
| For loan amount greater than Rs 50 Lac, last two years ITR with computation of income and last three months Bank Statement |
Non Individual
| Eligibility | Documents Required |
|---|---|
| Indian Residents | Application form and loan agreement |
| Loan only against approved Debt Mutual Funds and Bonds | KYC documents such as identity proof, signature proof and address proof. |
| Demat Account Statement or Statement of Holdings (MF) | |
| Annexure W / lien request letter for pledging of securities with Board Resolution | |
| Audited Balance Sheet, Profit & Loss Account, Bank Statement and ITR return for the last two years. |
Note: Rudra Group may seek additional documents for sanction of loan facility, if required.