How to get a loan with equity shares + loan amount
According to Tejarat News, a large part of people in society are shareholders of Adalat shares, and now banks give loans through Adalat shares credit cards.
Of course, in recent months, national banks and equity credit card companies have been paying equity equity holders seven million.
Mohsen Khodabakhsh, the vice chairman of the board of directors of the Securities and Exchange Organization, also said a few weeks ago that each bank can lend to shareholders according to its resources. Of course, equity is a loan guarantee.
On the other hand, Majid Eshghi, the head of the stock exchange organization, said last winter that owners of ETFs and debt securities can start receiving loans from the first month of 2011. It was supposed that from April 1401, in cooperation with the central depository company, it would be possible to provide securities, shares and all financial assets in the financial market to support and validate bank loans electronically.
Who does equity guarantee?
All natural persons who have equity shares can take equity loans. But on the condition that they have not sold any part of their equity shares. Even if people have sold a share of their portfolio, they cannot take an equity loan.
After registering in Sejam, applicants for equity credit cards should open accounts in two banks, Melli and Tejarat, and register through the applications of two banks, Eva and Zumard.
Subsidy is a condition of receiving a loan
The important point here is that the loan amount is 50% of the equity value of individuals. Also, shareholders who are applying for equity credit cards must activate the change of monitoring broker in their equity portfolio before entering the bank system.
On the other hand, these people should be subject to subsidies. That means they should get cash subsidy or subsistence subsidy. If the shareholders of Adalat can return the amount to the bank within one month, this amount will be Qarz Al-Hasna. But if a month passes and they are unable to repay the loan, this credit will be converted into a three-year facility.
The interest rate for equity credit cards is 18%. However, if the beneficiaries pay the card amount by the end of the first month, no interest will be charged to them.