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Finance Against Securities |
Discover the hidden power in your securities
Whether it´s an investment opportunity or an unexpected expense, a medical emergency or a business need, there are times when you need money in a hurry.
That´s when you need Finance Against Securities (FAS) - Standard Chartered Bank´s immediate overdraft facility against Shares, Mutual Funds, RBI Relief Bonds, GOI backed UTI Bonds and India Millennium Deposits.
FAS* offers you a convenient and immediate line of credit just when you want it. What's more, you pay for it only when you actually use it.
Unique Features
No questions asked. No income proof required
Use it whenever you want. Interest payable only on utilisation
Low processing charges and interest rates
Largest approved list of Shares, Mutual Funds, RBI Relief Bonds, GOI backed UTI Bonds, IMD against which you can avail FAS
Higher limits against Bonds and Debt Mutual Funds
Unique finance facility against single scrip
Dedicated FAS service desks in more than 12 cities
Personalized multicity cheque book
ATM / Debit Card & Phone Banking
Phone Banking
FAS is available in following cities:
West: Mumbai, Pune, Ahmedabad, Vadodra, Surat
North: Delhi, Kanpur, Jaipur
East: Kolkata
South: Bangalore, Chennai, Hyderabad
Eligibility Criteria
Individuals (over the age of 18)
Corporates ( Against Primary Security of Stock & Book-debts with collateral as Securities)
To open an FAS account or for more information, call the FAS Service Desk in your city or our Phone Banking number or contact us at any of our branches.
*Terms & Conditions apply. All credit facilities are at the sole discretion of the Bank and subject to RBI regulations applicable from time to time.
FAQs
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