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Wholesale Financing : ESOP Funding |
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Many companies are issuing
ESOP for retaining their key staff. An employee
who has been awarded ESOP can avail loan against
exercised shares. The ESOP funding is a loan
facility offered against these shares allotted
to employees. |
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Product |
ESOP Funding |
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Security cover |
Case-to-case basis |
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Tenure |
Fixed tenure with an option to repay
earlier with mutually agreed terms.
(3-6-9-12 months) |
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Interest charges |
Competitive |
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Loan amount |
Case to case basis* |
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Documentation and other charges |
As applicable |
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* Conditions
apply. Loan at the discretion of the lender
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 Benefits |
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Asset Management