Yes Bank OD

Hey Buddy, I want to get the details of Overdraft Facility of Yes bank so can you please provide me?

Loan against Securities (LAS) of Yes bank is a unique Overdraft Facility provided against the pledge of securities.

Loan against Securities (LAS)

Loan Against Shares (LAS) is Loan Against Marketable Securities in which the customer pledges his investment in favour of lender and borrows funds to meet his financial and personal requirement without selling his investment.

Product variants-

Dematerialized Shares
Mutual Funds (Equity/Debt)
Fixed Maturity Plans (FMP)
Exchange Traded Funds (ETF)
Insurance Policies
Bonds
NSC / KVP

Minimum and Maximum Loan Amounts -

Against Shares / Mutual Funds: Minimum amount is INR 2 lakh and maximum amount is INR 20 lakhs.

Against Life Insurance Policies: Minimum amount is INR 25,000 and maximum amount is INR 20 lakhs.

Against KVP/NSC (in Demat form): Minimum amount is INR 2 lakh and maximum amount is INR 5 crore

Contact-

1800 2000 (Toll Free)
+91 22 6121 9000

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Answered By StudyChaCha Member