Share Loan

Shangrila Shareholder

You are short of cash but have liquid assets like Share Certificate then we at Shangri-La Development Bank are ready to convert them into liquid cash by providing loan against the lien of them.

Product you can avail for
a Personal use against the security of Share Certificate
Features
a Maximum loan amount 50% of market value of weighted average of 180 days or current market price whichever is lower
b Tenure of loan 1 year
c Age of the Client At least of 21 years and not be more than 50 years at the time of availing loan
Benefits
a Easy repayment plan matching with the income of the client
b Personalized Service
c Quick Processing and loan shall be availed within 1 hour from submission of complete documents
d Easy Documentation
Documents Required
a Original Share Certificate
b Passport size photograph(3 copies) of Loan Applicant/(1 copy) of Guarantor
c Photocopy of Citizenship of Applicant/Guarantor
d Income certifying document(Salary letter, balance sheet, rental agreement etc)

Charges and Interest Rate

Please visit our nearest branch for further information and to learn about charges and interest rate.