Loan Against Market Shares / Marketable Secirities
- Loan against HMG / NRB bonds will be governed by Nepal Rastra Bank rules.
- Loan against listed shares shall not exceed 60% of the 180-day average value of the share or market value of the share (whichever is lower).
Interest rate shall be determined / periodically reviewed by Ace taking into consideration the market trend.
A management charge of 1% flat of the loan amount shall be payable upfront on loan against shares and debentures (not applicable for loan against HMG / NRB bonds).