Canara Cash (Shares)

Instant cash against Shares / Debentures / Bonds / Units!

  • Earn on your investments. And keep them too.
  • No need to liquidate your investments even during dire necessities.
  • Instead, you can avail Canara Cash loan pledging your investments in Shares, Debentures, Bonds or Units.
  • Individuals - Existing customers with satisfactory dealings.
  • New customers - well-introduced and credit worthy can also avail.
  • Shares and Debentures - upto 50 % of market value
  • PSU Bonds upto 70% of Market Value
  • Units of UTI and CBMF - 50% of NAV or market value whichever is less.
  • Maximum loans upto Rs.20 lacs if demat account is maintained with DPs of our bank or Rs. 10 lacs in physical form.
  • Security of the shares / debentures / bonds as per the approved list circulated from time to time.
  • Securities can be replaced / substituted during the currency of the loan upto 10 times. Nominal charges for substitution of securities.
  • Upto 60 months. EMI also acceptable.
  • Selectively OD limit is also considered.
  • Uniform margin of 50% shall be applicable on all advances against pledge of approved shares/financing for subscribing to IPO/CDB/LCDB/issue of guarantees for capital market operations including loans/advances against pledge of shares to staff
  • 0.1% of the loan amount subject to a minimum of Rs.100/- and maximum of Rs.250/-.
  • In case of OD, charges as above are to be collected for every renewal / enhancement.
  • Stipulated Loan Application with 2 passport sized photographs
  • Guarantee / co-obligation where applicable
  • Statement of holding of scrips issued by DP
  • Latest salary certificate / income proof like ITAO / IT Return
  • Financial Statements for the last 2 years (in case of non-salaried individuals)

For more details, please visit our nearest branch or call to toll free no. 1800 425 0018.

Click here to see Applicable Rates of Interest

Click here to see E M I Calculator

Click here to see Facility of On-Line Application