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HDFC Bank to offer loans online against shares in 3 minutes

HDFC Bank to offer loans online against shares in 3 minutes

Wednesday, March 15, 2017, 5:45 PM

HDFC Bank, country’s second largest private lender, has launched a Digital Loan against Securities (LAS) product to avail an instant overdraft facility in just 3 minutes. HDFC bank claims to be the “first Bank in India to completely automate the entire process of creating an overdraft facility in a separate current account for a loan against shares.”
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