The
IPOFIN product is a Loan Facility offered for applying in Primary market Issues (IPOs and FPOs).With this product Investors can apply for IPOs by investing only Margin amount (specified for each IPO separately).
| Product |
IPO Financing |
| Security cover |
Case to case basis |
| Tenure |
15 days or actual days for repayment of Loan |
| Interest charges |
Competitive |
| Loan amount |
Minimum Rs. 50 Lacs |
| Documentation and other charges |
As applicable |
| * Conditions apply. Loan at the discretion of the lender |
Benefits
- Take advantage of investment opportunity with small margin investment
- Pay interest only for the period of actual utilization of resources
- Increase your chances of allotment and allotment size