‘Loan against Securities’ is an unique digital solution launched by the YES Bank under its loan in seconds platform. “Loan against Securities” will enable customers to avail loan facility against the securities that they hold. The customers are required only to pledge the securities and not selling them.
WARRIOR 3.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class
YES Bank will open a current account in the name of the customer in order to conduct smooth transactions. The securities eligible under the “Loan against Securities” facility are: Shares, Equity & Debt Mutual Funds, Kisan Vikas Patra (KVP), Fixed Maturity Plans (FMP), Insurance policies issued by LIC and select Private Insurance Companies, Non-Convertible Debentures (NCD), Tax free Bonds (RBI, NABARAD, NHAI, PFC, IRFCL, HUDCO, IIFCL, NHB, REC, and IREDA).
Important takeaways for all competitive exams:
The World Health Organization (WHO) declared the Emergency of International Concern (PHEIC) for the latest…
India's upcoming teenage sensation Vaibhav Sooryavanshi has scripted a history in IPL (Indian Premier league)by…
The state of Sikkim will implement the Anand Marriage Act, 1909 from June 1, 2026.…
Respectable Deputy Chief Minister Pravati Parida has inaugurated the Nimapara Patha Utsav 2026 in the…
Respectable Chief Minister of Andhra Pradesh N Chandrababu Naidu has announced the major policy to…
Honorable President Droupadi Murmu has approved the increasing the Supreme Court's judge strength from 34…