Shangri-la Customer Care
You are short of cash but have liquid assets like Share Certificate then we at Shangri-La Development Bank are ready to convert them into liquid cash by providing loan against the lien of them.
Features:
a | Personal use against the security of Share Certificate. |
b | Maximum loan amount 50% of market value of weighted average of 180 days or current market price whichever is lower. |
c | Tenure of loan 1 year |
d | Age of the Client At least of 21 years and not be more than 50 years at the time of availing loan. |
Benefits:
a | Easy repayment plan matching with the income of the client |
b | Personalized Service |
c | Quick Processing and loan shall be availed within 1 hour from submission of complete documents |
d | Easy Documentation |
Documents Required:
a | Original Share Certificate |
b | Passport size photograph(3 copies) of Loan Applicant/(1 copy) of Guarantor |
c | Photocopy of Citizenship of Applicant/Guarantor |
d | Income certifying document(Salary letter, balance sheet, rental agreement etc) |
Charges and Interest Rate
Please visit our nearest branch for further information and to learn about charges and interest rate.