Can NRI avail a loan against securities at HDFC?

HDFC Securities Account Opening

Rs 750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds. Request a Callback.

NRI Form ⇒

Yes, NRIs can take a loan against shares or other securities. However, the loan cannot be used for trading or investing. It should be utilized for meeting personal requirements or business purposes.

Topic: HDFC Securities NRI Account Review

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