Receive a loan with a smart guarantee of stock exchange

According to Tejarat News, it was in March of last year that the news of the possibility of mechanized verification of shares to receive credit cards and bank facilities was announced for all shareholders, and it was implemented in a way from April of this year.

Accordingly, yesterday, Mohammad Hassanlou, Vice President of Technology and Innovation Development of the Central Depository Company said: In order to create a digital transformation in the provision of services to the beneficiaries of the capital market, including the shareholding community, the Central Depository Company provides smart stock verification.

He pointed out that the shareholders of the capital market can benefit from the facilities of the banking network through the smart verification of shares. He said: Users can choose their verifiable share by visiting the internet portal or their mobile banking application. Finally, the request is approved and finalized in the authorization panel of the depository company.

This official continued: This system is completely offline and simply an online purchase for shareholders. It has been implemented in the form of providing new services for the country’s shareholding society.

Guarantee with shares

In the middle of March last year, the head of the Stock Exchange Organization said that owners of equity shares, ETFs and debt securities can receive loans from April this year. This means that these three options become the guarantor of the loan and there is no need for the presence of a guarantor or a check or promissory note in the bank.

Also, Mohsen Khodabakhsh, the vice-chairman of the board of directors of the stock exchange organization, referring to the pledge of securities to receive a bank loan, said: definitely, the pledge of shares to receive a loan will be effective from 1401. According to the resources available, each bank can lend to shareholders and accept their shares as collateral.

It was in April of this year that the central bank is on its agenda to grant micro-facilities up to 200 million tomans. Of course, microloans are guaranteed with collateral such as stocks, bonds, SIM cards, etc.