Loan Against Shares
Interest Rates

At Abhiloans, we are committed to offering our valued customers rates and fees that are both transparent and competitive. Here is an overview of the rates and fees applicable to our loan products:

 Rate of Interest (Flat or Reducing) *8% to 24% Per Annum
 Loan Tenure12 to 36 Months (Renewal Basis)
 Loan Processing Fee2% of the Sanctioned Loan Amount or ₹ 1000 + GST (whichever is higher)
 Installment Bouncing Charges₹ 500 + GST
 Pre-closure ChargesNil
 Repayment ScheduleNil
 Pre-payment in Part or FullNil
 Late payment/ Delay/Overdue interest charges2% Per Month on Overdue Amount
 CIBIL Report Retrieval FeeNil
 Legal Notice
 Legal Charges
As Per Actuals
 No Due Certificate (NDC)/No
 Objection Certificate (NOC)
 Duplicate NOC
 Pledge Creation Fees
 De-Pledge FeesNil
 Commitment  Charges / Non-Utilization Fee (Applicable for Overdraft Facility) Cheques/ACH swappingNil
₹ 500 + GST
 Non-Registration of NACH₹ 1500 + GST Every Month
 e-NACH cancellation without enabling alternative e-NACH₹ 1500 + GST Every Month

We prioritize transparency when it comes to our rates and fees. For the most accurate and up-to-date information on rates and fees tailored to your specific loan needs, we suggest contacting our customer service team or visiting our website.

FAQs on Rates & Charges

Most frequent questions and answers

Typically, when you borrow against your share, the interest on the loan is accrued and charged monthly. For reducing interest rate, the lender determines the interest amount by applying the interest rate to the remaining balance of the loan.

Our processing fees for the loan amount are either 2.36% of the loan or a flat fee of Rs. 1180, depending on which amount is higher. The processing fees cover all applicable taxes as well.

No, the interest rate remains unchanged throughout the entire duration of the loan.

No, Abhiloans does not impose any prepayment charges or penalties on borrowers who choose to repay their loans ahead of schedule. We believe in providing our customers with the flexibility to manage their loans without any additional financial burden.

In addition to the interest rate and processing fees, we want to assure you that there are no hidden or extra charges associated with loans against shares. We believe in transparency and encourage you to refer to our Schedule of Charges page for a detailed breakdown of all applicable fees.

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