FAQ's
Frequently Asked Questions
Here are a few questions that we are asked often
and their responses
Abhiloans is a brand of KNAB Finance Advisors Private Limited, a reputable Non-Banking Finance Company (NBFC) regulated by the Reserve Bank of India (RBI).
Our registered office is located in New Delhi at A 31, 1st Floor, Sara House, Hauz Khas, New Delhi, Delhi 110016.
To get in touch with us, you can reach out via phone at +91-9990795000, email us at support@abhiloans.com, or use the contact form available on our website. We’re here to assist you and look forward to addressing any questions or concerns you may have.
Eligibility to apply is open to Indian citizens currently residing in India. To qualify, applicants should hold active shares, mutual funds, or bonds that are eligible for securing a loan. Additionally, applicants must have:
- A good internet connection
- Aadhar Card
- PAN Card
- A mobile number linked with their Aadhar Card
- Address proof if their current address differs from the one on their Aadhar Card
- Mutual funds linked with CAMS/KFintech or shares linked with NSDL
- Visit Our Website: Go to Abhiloans.com.
- Click on “Apply”: Locate and click the “Apply” button on our homepage.
- Complete the Application Form: Fill out the online application form with your details.
- Submit Required Documents: Upload necessary documents such as your Aadhar Card, PAN Card, and proof of address, along with details of your shares, mutual funds, or bonds.
You can check your loan eligibility using the EMI calculator on Abhiloans.com. Just enter the value of your shares, mutual funds, or bonds to see the eligible loan amount.
A Loan Against Securities allows customers to pledge their marketable securities as collateral and borrow funds to meet financial or personal needs without selling their investments. This loan provides liquidity while preserving the value of the securities, making it an ideal solution for covering contingencies, fulfilling financial requirements, or pursuing new investment opportunities.
Loans can be availed from ₹15,000 up to ₹1,00,00,000, with larger amounts available upon request via support@abhiloans.com. The loan tenure is 12 months, with only the interest paid monthly. Customers receive daily updates on their portfolio’s performance and benefit from a quick, digital service.
Currently there are three types of loans under this category:-
- Loan Against Shares
- Loan Against Mutual Funds
- Loan Against Bonds
The customer can choose to borrow any loan amount ranging from Rs. 15,000 to Rs. 1,00,00,000.
You can apply for a Loan Against Securities through our online application. Once approved, the loan will be disbursed quickly, typically within 4 hours.
Loans are sanctioned based on the internal policies of Abhiloans, which consider factors such as the client’s profile and the valuation of pledged securities.
Once your loan application is approved and all documentation is completed, the funds will be disbursed within 4 hours, subject to terms and conditions.
With our online application process, customers can conveniently apply from anywhere and complete the entire process digitally.
The application fee is deducted from the disbursed loan amount.
Loan to Value (LTV) is the ratio of the outstanding loan to the market value of the securities. LTV is calculated on real time bases.
LTV = Total Loan Outstanding/ Current Value of the securities
The customer can get a loan up from 50% to 75% of the value of pledged securities. For shares, the LTV is 50% and for Mutual Funds the LTV is from 50% to 75%.
Interest is calculated on a daily basis on daily outstanding amount which needs to be repaid on a monthly basis.
Abhiloans has its own approved scrip list and it lends against those scrips alone.
Yes, a customer can secure a loan by pledging their company’s shares, subject to completing the necessary documentation.
Yes. The customer can avail a loan on these Securities. The customer is required to take all of them as co-borrower / Security Provider.
For a Loan Against Securities, Abhiloans considers the client’s profile, valuation of pledged securities while calculating the loan eligibility amount.
A customer can repay the loan amount, either partially or in full, at any time during the loan tenure using RTGS or NEFT.
Yes. A customer can release the same after repaying the loan amount to the effect that the margin is maintained as per requirement.
You can pre-close your loan at any time after paying the interest and principal amount, and there are no pre-closure charges.
All loans taken by Abhiloans come with the Part-Prepayment facility (For OD Product only). With this, the customer can part prepay as much as they want during the tenure of loan.
The pledged securities are valued on real time basis or the closing NAV, given the type of security. The valuation of these securities may change on a daily basis depending on the movement in their prices.
The valuation will be based on the date of loan disbursement, according to the approved Loan-to-Value (LTV) ratio. If the security’s value has increased, a higher loan amount may be disbursed, and vice versa.
Approved margins need to be maintained daily and any shortfall has to be made good. The customer must immediately restore the security value either by offering additional securities or by prepaying the loan to the extent necessary.
The customer will regularly receive the Valuation Report which shall provide them information on the security value and loan value and separately the details of the shortfall, if any.
If the customer is unable to offer additional securities or pay in the shortfall amount within the stipulated period of 7 (seven) days, then the securities, to the extent necessary for fulfilling the existing shortfall shall be sold on the immediately following Business Day.
We advise the customers to ensure maintenance of sufficient margins so as to mitigate the risk of unplanned / untimely sale of securities which may hinder the investments from realising their full potential.
No prepayment charges shall be applied on the amount of loan prepaid due to margin shortfall.
get the loan within 4 hours*
Get Money When You Need it
with Abhiloans
Our loans against shares and mutual funds, include a minimum repayment period of zero months, as you can pay when you want with NIL prepayment charges, and a maximum repayment period of 1 year, which is renewable.