Documents Required: 

For individual

  • Copy of citizenship certificate of the borrower and other owners of the shares.
  • Personal Gurantee of coheirs of the borrower.

For All

  • Loan application form duly filled and signed.
  • Letter of consent issued by the borrower addressed to the concerned companies for the pledge of shares with SFCL.
  • Letter of consent from Borrower to the concerned company for the lien over shares in favor of NBL and accretion (Dividend, Bonus shares, Right shares).

For firm / partnership / company

  • Firm Registration Certificate.
  • PAN Certificate.
  • Partnership deed (in case of partnership firm only).
  • Memorandum of Association and Articles of Association (in case of company).
  • By-laws and articles (in case of association/trust).
  • Resolution of Board/Executive Committee for obtaining the loan (in case of company/association/trust).
  • Power of attorney for signing the loan application and security documents (in case of company/association).
  • Personal guarantee of shareholders holding 10% of total shares or more (in case of company).

                 ( Please visit our nearest Branch for Further Enquiry)