Product Offering

LOAN AGAINST SECURITIES

We grant loans against securities to persons against specific marketable securities which is offered to customers, who require liquidity against their investments in specific marketable securities including equity shares, units of mutual funds, fixed income instruments (such as government securities, corporate bonds with a long term rating of AA- and above) and others (including units of AIFs and market linked debentures). The maximum tenor of such loans is up to 30 months.

ESOP FINANCING

We provide loans to employees of corporates, empaneled with the Nuvama group, to fund acquisition of shares, on the exercise of options granted to them. The loans granted are secured by pledge of the shares issued to such employees on the exercise of the options granted to them. The tenor of such loans is typically for a period up to 30 months. The loans can only be used for purchasing the shares on exercise of the ESOPs.

LICENSE DETAILS
  • Nuvama Wealth Finance Limited (NWFL) |
    CIN: U67120MH1994PLC286057


  • The Company is having valid Certificate of Registration (CoR) No. B- 13.02144 dated 13.12.2016 issued by Reserve Bank of India (RBI) under Reserve Bank of India Act, 1934. However, RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of Company or correctness of any of the statements or representation made or opinion expressed by the Company.