Every business requires funding from time to time. Whether to upgrade operations or purchase new premises, business loans help corporates take a higher leap towards progress. Whether your business is small or large, you may require an inflow of funds to take your operations to the next stage of success. However, you could consider putting your securities in the capital market to use. Instead of monetizing your investments in securities, why not take a Loan Against Shares (LAS) also known as Loan Against Securities and leverage your investments.

Loan Against Shares KNOW MORE
Loan Against Mutual Funds KNOW MORE
Loan Against Life Insurance Policy KNOW MORE
ESOP Financing KNOW MORE
IPO Financing KNOW MORE
Promoter Funding KNOW MORE
Margin Trade Funding KNOW MORE ​​​​

Revision Of Reference Rates For Determining Interest Rates On Loans Given

Long Term Reference Rate:

ABFL has increased its Long-Term Reference Rate (LTRR) by 25 bps to 20.25% p.a. with effect from March 23, 2023. The interest rate on the floating rate loans of tenor greater than 12 months that are linked to the LTRR will be revised upwards by 25 bps. The spread / margin on the said loans will remain unchanged.

Short Term Reference Rate:

ABFL has increased its Short-Term Reference Rate (STRR) by 25 bps to 19.25% p.a. with effect from March 23, 2023. The interest rate on the floating rate loans of tenor up to 12 months that are linked to the STRR will be revised upwards by 25 bps. The spread / margin on the said loans will remain unchanged. 

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