loan against securities

Dear Customer, You can use UPI PIN for doing Mobile Banking transactions till it expires, After the PIN gets expired, You need to set separate PIN in Mobile Banking for Mobile Banking transactions.

UPI MPIN

VISA Top Offers - Domestic

VISA TOP OFFERS

Download E-Paper News at this important juncture each day from The New Indian Express & Dinamani

E-Paper

CUB UPI 123PAY. Now do UPI transactions through IVR from any feature/smart phone by just calling 08045163581

Click here

CITY UNION BANK is registered with DICGC

DICGC

Loan Against Securities in Net / Mobile Banking

Applying Loan Against Mutual Funds

We have launched Loan Against Mutual Funds through our Net / Mobile banking. Loan Against Mutual Funds allows you to borrow money by pledging your mutual fund units as collateral. Customers can avail Loan against approved Equity and Debit Mutual Funds that are registered with CAMS(Computer Age Management Services)in Net/Mobile banking. The Loan will be sanctioned in the form of an Overdraft facility.

Following are the features of the Loan Against Mutual Funds:

Loan Value: In case of Equity Mutual Funds, loan upto 50% of the Net Asset Value (NAV) with a maximum limit of Rs. 10 Lakhs
List of approved Mutual Funds: The facility is available for the list of Mutual Funds approved by Bank, which are registered with CAMS.
Exclusive facility: The facility is available exclusively for selected account holdings in individual capacity.
Charges: The charges associated with a loan against mutual funds typically include processing fees, interest rates, documentation charges, prepayment charges, and late payment penalties.
Rate of Interest: The rate of Interest for Loan against mutual funds varies based on the bank’s prevailing rates and policies.
Tenure of Repayment: The Loan(OD) tenure is period of 1 year.
Disbursement of Amount: Once the loan(OD) is approved, the amount is disbursed directly into your designated bank account.

Open Bank Accounts

Loans

Deposits and Investments

Payment to Government

Tech Products & Services

Debit Cards & Credit Cards

Insurance Products

CUB Gold loan

Gold Based Overdraft

Open Bank Accounts

Loans

Deposits and Investments

Payments and Collections

International Business Services

Payments to Government

Tech Products & Services

Debit Cards & Credit Cards

Open Bank Accounts

Loans

Deposits and Investments

Payments and Collections

International Business Services

Payments to Government

Tech Products & Services

Debit Cards & Credit Cards

Open Bank Accounts

Loans

Deposits and Investments

Payments to Government

Tech Products & Services

Debit Cards & Credit Cards

Insurance Products

Agri Products and Services

Open Bank Accounts

Loans

Deposits and Investments

Payment to Government

Tech Products & Services

Insurance Products

Banking Options

Tech Products & Services

Tech Products & Services

Tech Products & Services

Self Service Banking

Support Services

Open Bank Accounts

Loans

Deposits and Investments

Payments and Collections

Academic Services

Payments to Government

Tech Products & Services

Looking for something specific? We are here to assist.

Looking for something specific?We are here to assist.

Loan Against Securities in Net / Mobile Banking

Applying Loan Against Mutual Funds

Following are the features of the Loan Against Mutual Funds:

About Us

Policy And Regulatory Disclosure

Complaints and Grievances

Media Relations

Investor Relations

Auction Sale

More Important Links

ATM Card / Net Banking / Mobile Banking PIN Reset

Secured Assets possessed under the SARFAESI Act, 2002

Looking for something specific?
We are here to assist.