This Loan against Share (Margin Lending) is designed for financing against shares, bonds, mutual funds, etc. to individuals and institutions. The loans granted against the security of shares, bonds, mutual funds etc. shall be regulated under this product paper. The purpose of the loan is to finance individuals and institutions against security of shares, bonds, mutual funds, etc., of acceptable listed companies.
Calculation of Drawing Power:
The above are the prerequisites; however, the NRB directives to this effect shall supersede the criteria of calculation of the value of shares and percentage of financing over the value determined thereon.