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Fixed Loans:

  • Loans are extended for a period of a minimum three months to a Maximum of 12 months

  • Interest is payable through upfront posted cheques at calendar quarter Intervals

  • Repayment of the principal at the end of the tenure of the loan through a post dated cheque

  • Prepayment charges, as applicable, if the loan is pre-paid, before the Maturity date

Line of Credit:

  • Minimum Loan amount Rs 5 lacs

  • A limit will be sanctioned to a customer

  • Loans are extended for a period of a minimum of three months to maximum of 12 months

  • Loan can be drawn down and repaid during the tenure of the facility

  • Interest will be computed on the daily outstanding amount and compounded quarterly. However, for the purposes of margin computation, interest will be accrued daily

  • Repayment of the principal at the end of the tenure of the loan

Margin Requirements:

  • Margin is applied based on scrip. The scrip is categorised depending upon the volatility and the volume traded of a scrip over a six months period. Lower the volatility and higher the volume, then lower the margin (40%)

Drawing Power: is defined as the amount eligible for loan after reduction of Margin on each of the pledged securities.

If there is excess drawing power available (ie in case of increase in the value of securities pledged, the borrower would be able to borrower a higher Amount. This facility is available only for Line of Credit facility and the total amount that can be borrowed will be within the overall sanctioned limit

Switching of shares possible during the tenure of the Loan with in the drawing power requirements.

Time Frame for Disbursement:

  • Depending upon the loan amount a minimum of 2 working days and a Maximum of 5 working days is required to process the loan proposal(Lower the loan amount, quicker is the processing time required) For loans over Rs 50 mn, the processing time ranges between 3 - 5 days.

  • Execution of loan documents - One day

Rate of Interest: It is decided based on the risk profile of the client.

Advantage of Pledging Shares:

The shares are held in Borrower's name only. They are only pledged to IFIN and hence cannot be transferred. However, all benefits like dividend, rights, bonus etc. will be received in the name of the DP Account Holder only.

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Location Name Address Contact Numbers
Delhi Mr. Ganesh Jha Office No.303, 3rd floor,
Vishal Bhawan, 95 Nehru Place,
New Delhi 110019
Phone : 011- 42631955
Fax : 011- 26443912
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Delhi Mr. Ganesh Jha Office No.303, 3rd floor,
Vishal Bhawan, 95 Nehru Place,
New Delhi 110019
Phone : 011- 42631955
Fax : 011- 26443912
 
Our E-mail Addresses:nps.emails@issl.co.in
Location Name Address Contact Numbers
Chandigarh Mr. Sanjay Dabas IL&FS Securities Services Ltd. S.C.O- 333-334,
First floor Sector 35-B,
Chandigarh 160035
Phone : 0172- 4674698,2600532,2600535,2600533
Fax : 0172-4674697
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Chandigarh Mr. Sanjay Dabas IL&FS Securities Services Ltd. S.C.O- 333-334,
First floor Sector 35-B,
Chandigarh 160035
Phone : 0172- 4674698,2600532,2600535,2600533
Fax : 0172-4674697
 
Our E-mail Addresses:nps.emails@issl.co.in
Location Name Address Contact Numbers
Jaipur Mr. Manoj K Jain No.606, 6th Floor,
Green House, Ashok Marg,C-Scheme,
Jaipur-302001
Phone : 0141-2372284 / 2372285
Fax : 0141-2372287
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Jaipur Mr. Manoj K Jain No.606, 6th Floor,
Green House, Ashok Marg,C-Scheme,
Jaipur-302001
Phone : 0141- 2372284 / 2372285
Fax : 0141- 2372287
 
Our E-mail Addresses:nps.emails@issl.co.in
Location Name Address Contact Numbers
Pune Pradnya Upasani
IL&FS Securities Services Ltd,
Upper Ground Floor Office No-106,
Ackruti Sankul 2059 Sadashiv Peth,
Pune 411030
Phone : 020- 24333350/360
 
Our E-mail Addresses:nps.emails@issl.co.in
Location Name Address Contact Numbers
Pune Pradnya Upasani
IL&FS Securities Services Ltd,
Upper Ground Floor Office No-106,
Ackruti Sankul 2059 Sadashiv Peth, Pune 411030
Phone : 020- 24333360/350
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Kolkata Mr. Samir Ghosh Merlin Links
166B Shyamaprosad Mukherjee Road,
Unit No.3i,3rd Floor,
Kolkata 700026
Phone : 033-40445475
 
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Location Name Address Contact Numbers
Kolkata Mr. Samir Ghosh
Mr. Jatin Sangani
Merlin Links,
166B Shyamaprosad Mukherjee Road,
Unit No.3i, 3rd Floor,
Kolkata 700026
Phone : 033-40445475
Fax : 033-24630133
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
 
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Location Name Address Contact Numbers
Andheri Ms. Mona Sundar IL&FS House Plot No.14,
Raheja Vihar, Chandivali,
Andheri (E),
Mumbai - 400 072
Phone : 022-42493000
Fax : 022-28570948/49
 
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Location Name Address Contact Numbers
Borivali Mr. Sashi Tanawade Patel Shopping Centre,
Shop No.25, Ground Floor ,
Chandawarkar Lane, Borivali (W),
Mumbai-400092
Phone : 022-28917161
Fax : 022-28917161
 
Our E-mail Addresses:nps.emails@issl.co.in
Location Name Address Contact Numbers
Fort Ms. Lakshmi Krishna North Wing ,3rd Floor Bharat House (Batliboi Mansion),
104 Mumbai Samachar Marg,
Dalal Street, Opp Millennials,
Kalaghoda, Fort Mumbai 400001
Phone : 022- 22650203
 
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Location Name Address Contact Numbers
Ghatkopar Mr. Balvant Khopade 2-B Ground Floor,
Kailash Plaza Building,
Behind Raymond Showroom,
Vallabh Baug Lane,Ghatkopar,
Mumbai - 400 077
Phone : 022-25017835
Fax : 022-25017835
 
Our E-mail Addresses:nps.emails@issl.co.in
Location Name Address Contact Numbers
Mumbai - Chandivali Ms. Sripriya Kannan IL&FS House Plot No.14,
Raheja Vihar, Chandivali,
Andheri (E),
Mumbai - 400 072
Phone : 022-42493000
203/205/207/211/222
Fax : 022-28570948/49
Mumbai - Kalaghoda Ms. Lakshmi Krishna North Wing ,3rd Floor Bharat House (Batliboi Mansion),
104 Mumbai Samachar Marg,
Dalal Street, Opp Millennials,
Kalaghoda, Fort Mumbai 400001
Phone : 022-22650203
Fax : 022- 22650204
 
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Location Name Address Contact Numbers
Location Name Address Contact Numbers
Worli Mr.Aniket Ramesh Panvakar Madhur Business Centre,
554, Shop No. 4 Ground Floor,
Dr. G.M Bhosle Marg, Worli,
Mumbai - 400 018
Phone : 022-24961630
Fax : 022-24961630
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Hyderabad Ms. H V Srividya Shop No.201, 2nd Floor,
OLBEE Centre,
H. No.6-3-1090/A/24, Raj Bhavan Road,
Somajiguda,
Hyderabad-500082
Phone : 040-66252242
Fax : 040 66252243
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Hyderabad Ms. H V Srividya Shop No.201, 2nd Floor,
OLBEE Centre,
H. No.6-3-1090/A/24, Raj Bhavan Road,
Somajiguda,
Hyderabad-500082
Phone : 040-66252242
Fax : 040 66252243
 
Our E-mail Addresses:nps.emails@issl.co.in
Location Name Address Contact Numbers
Bengaluru - Stock Exchange Towers Mr. Srihari C P Stock Exchange Towers,
51, 1st Cross, J. C. Road,
Bengaluru - 560 027
Phone : 080-43464000/24
Fax : 080-22995258
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Bengaluru - Stock Exchange Towers Mr. Srihari C P Stock Exchange Towers,
51, 1st Cross, J. C. Road,
Bengaluru - 560 027
Phone : 080-43464000/24
Fax : 080-22995258
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Mangalore Ms. Gauri Bhandarkar #3rd Floor, Rama Bhavan
Complex, Kodialbail,
Mangalore- 575003
Phone : 0824 - 2411425/26/ 28
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Mangalore Ms. Gauri Bhandarkar #3rd Floor, Rama Bhavan
Complex, Kodialbail,
Mangalore- 575003
Phone : 0824 - 2411425/26/ 28
 
Our E-mail Addresses:nps.emails@issl.co.in
Location Name Address Contact Numbers
Chennai Mr. Ganesan Venkatraman IL&FS Securities Services Ltd ,Flat 3 C Kences Tower,
(Above Croma Showroom) Block No.9, No.1, Ramakrishnan Street,
North Usman Road,( Near Joyallukas Building) T.Nagar,
Chennai - 600 017.
Phone : 044- 45965000
Fax : 044- 42187679
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Chennai Mr. Ganesan Venkatraman IL&FS Securities Services Ltd ,Flat 3 C Kences Tower,
(Above Croma Showroom) Block No.9, No.1, Ramakrishnan Street,
North Usman Road,( Near Joyallukas Building) T.Nagar,
Chennai - 600 017.
Phone : 044- 45965000
Fax : 044- 42187679
 
Our E-mail Addresses:nps.emails@issl.co.in
Location Name Address Contact Numbers
Coimbatore Mr. R Sampath IL&FS Securities Services Ltd,
424-E, 2nd Floor,
Red Rose Towers, D B Road,
R S Puram,
Coimbatore 641002,
Tamil Nadu
Phone : 0422-4367807/0422-4216657
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Coimbatore Ms.R Suganya IL&FS Securities Services Ltd,
424-E, 2nd Floor,
Red Rose Towers, D B Road,
R S Puram,
Coimbatore 641002,
Tamil Nadu
Phone : 0422-4367807/0422-4216657
 
Our E-mail Addresses:nps.emails@issl.co.in
Location Name Address Contact Numbers
GOA Mr. Venkatagiri Udupa Shop # 8, "CASA NINA" La Campala Colony ,
opp Krishi Bhavan Miramar,
La Campala Colony ,
Panaji
Goa 403001
Phone : 0832-6511217/6511218
Mobile : 9845753224
Fax : 0832-2422665
 
Our E-mail Addresses:nps.emails@issl.co.in
Location Name Address Contact Numbers
Kochi Mr. A Kamalakannan IL&FS Securities Services Ltd,
39/4967 USNAZ Towers, 3rd Floor,
Medical Trust Hospital Junction
Pallimukku, M G Road,
Kochi - 682 016
Phone : 0484-4028066
Fax : 0484-4028099
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Kochi Mr. A Kamalakannan IL&FS Securities Services Ltd,
39/4967 USNAZ Towers, 3rd Floor,
Medical Trust Hospital Junction
Pallimukku, M G Road,
Kochi - 682 016
Phone : 0484-4028066
Fax : 0484-4028099
 
Our E-mail Addresses:nps.emails@issl.co.in
Location Name Address Contact Numbers
GOA Mr. Venkatagiri Udupa IL&FS Securities Services Limited,
Shop no 8, "Casa Nina"
La Campala Colony ,
Miramar, Panaji
Goa - 403001
Phone : 0832- 6511217,6511218
Mobile : 9845753224
Fax : 0832-2422665
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Amritsar Mr.Sanjiv Sharma
IL&FS Securities Services Limited,
Plot No.77, Room No.1,
Mani Market, 2nd Floor,
Railway Link Road,
Amritsar - 143001
Phone : 018-36545801
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Bhavnagar Ms.Jigna Kalsara Office No. 220-221 Sterling Point,
Nr. Central Salt (CSMCRI),
Waghawadi Road ,
Bhavnagar –364002.
Phone : 0278-6452348/9
 
Our E-mail Addresses:nps.emails@issl.co.ins
Location Name Address Contact Numbers
Calicut Mr.ANITHAN K C, IL&FS Securities Services Limited,
Office no. 4/269, Ground Floor,
A1, Rashy Apartments,
Near 5th Railway Gate,
Vellayil,
Calicut – 673032
Phone : 0495-6452208
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Durgapur Mr.Utpal Chakraborty IL&FS Securities Services Limited,
P-42, 1st Floor,Recol Park,
Near Sidhu Kanu Indoor Stadium,
Durgapur - 713216
Phone : 0343-6456635/36
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Indore Mr. Vipul Lashkari UG-9 ,City Plaza,
564-MG Road,
Indore-452001.
MobileNo: 09926666020
Phone : 0731-4971528
0731-4245517
 
Our E-mail Addresses:nps.emails@issl.co.in
Location Name Address Contact Numbers
Patiala Mr.Balwinder Kumar IL&FS Securities Services Limited,
Showroom No.SCO29,
New Leela Bhawan, 3rd Floor,
Patiala
Phone : 0175-6534809
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Rajkot Mr. Mehul Savaliya IL&FS Securities Services Limited.
Everest Complex, 102, 1st floor,
Opposite Shastri Maidan,
Near Limda Chowk,
Rajkot-360001
Phone : 0281-6451993/94
 
Our E-mail Addresses:nps.emails@issl.co.in
Location Name Address Contact Numbers
Surat Mr. Bhavik Shukla Shop # 213,Jolly Plaza,
2nd Floor, Athwa Gate,
Opp.Athwa Gate Police Stn,
Surat-395001,Gujrat
Phone : 0261-6452308 / 0261-6452309
 
Our E-mail Addresses:nps.emails@issl.co.in
Location Name Address Contact Numbers
Ahmedabad Mr. Shailam Dave IL&FS Securities Services,
Ltd 209/A,
2nd Floor Abhishree Complex,
Jodhpur Satelite
Ahmedabad - 380015
Phone : ( 079 ) 40070511/ 40070512
Fax : ( 079 ) 40070512
 
Our E-mail Addresses:issl-dp@issl.co.in
Location Name Address Contact Numbers
Ahmedabad Mr. Shailam Dave IL&FS Securities Services,
Ltd 209/A,,
2nd Floor Abhishree Complex,
Jodhpur Satelite,
Ahmedabad - 380015,
Phone : ( 079 ) 40070511/ 40070512
Fax : ( 079 ) 40070512
 
Our E-mail Addresses:nps.emails@issl.co.in
Location Name Address Contact Numbers
Trichy Mr. Anandh G, IL&FS Securities Services Limited,
Shop No.60/2, 1st Floor,
Sastri Road, Tennur (Thillainagar),
Trichy - 620017
Phone : 0431-6450428
 
Our E-mail Addresses:nps.emails@issl.co.in
Location Name Address Contact Numbers
Vadodara Mr. Harshal Shukla 301,Gokulesh - II,
Opp : Ivory Terrece,
R C Dutt Road, Alkapuri,
Vadodra,Gujarat - 390005.
Phone : 0265-6451103 / 0265-6451104
 
Our E-mail Addresses:nps.emails@issl.co.in
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