I want to use share purchase loan, what do I have to do?
With the share purchase loan, you can purchase stocks even if you do not have any money in your account. You can apply via Online Banking to take out a share purchase loan for up to 30% of the ISE 50 stocks you have in your portfolio.
You can take out a share purchase loan against the blocking of the suitable stocks in your portfolio. What's more, if you repay the loan within the same day, you won't have to pay any interest.
You can apply for a share purchase loan through the “Loan Application” step under Equity Transactions or the “Loan Application” step under Credit Card Transactions.
The result of your application will be displayed promptly after the application is submitted.
You may place your buy orders between the hours of 09:00 and 18:00 on the announced demand collection days, and until 12:00 on the last day.
While orders for only 1 or 2 sessions can be placed in the buy/sell step, you can place orders for a minimum of 3 sessions in the morning session, and a minimum of 2 sessions in the afternoon session, with a maximum of up to 40 sessions.