Indian residents in addition to owners of Sole Proprietorship concerns, Private Trusts, Public or Private Limited Companies are eligible to apply for a Loan Against Securities. Applicants must be at least 21 years of age, and must have proof of stable income to apply for Loan Against Securities.
Read more to find out about the eligibility criteria in detail:
They should have a credit score of 600 or higher, with a good credit history.
Please note that this is only the basic eligibility criteria. Actual eligibility will depend on a number of parameters, including SMFG India Credit’s policy at the time of loan approval.
*In line with Know Your Customer (KYC) policy
** As applicable