LoanX LAP SAVE | Property-Backed Pool Of Loans
We are delighted to announce that we have partnered with SAVE Financial Services Private Limited to bring our first LoanX backed by Loans Against Property - LoanX LAP SAVE.
The deal comes with a strong weighted average security cover of 1.49x and all the loans in the pool are secured by the borrower’s residential or commercial property. The pool comprises of 280 borrowers with a weighted average CIBIL of 748. Moreover, this opportunity is CARE ‘A’ rated, offering fixed monthly returns.
To provide you with in-depth insights, we would like to invite you to join our upcoming webinar scheduled for 9th May 2024 (Thursday) at 7 PM. We are honoured to host Mr. Rahul Kasinadhuni, Group Head - Treasury at SAVE Financial Services, as our esteemed guest speaker for this webinar.
Panellists:
Mr. Rahul Kasinadhuni, Group Head - Treasury, SAVE Financial Services
Mr. Siddharth Sangal, Chief Investment Officer, Grip Invest
Mr. Rishabh Hasija, AVP, New Initiatives & Credit, Grip Invest
Agenda Of The Webinar:
Insight into the journey of SAVE Financial Services
Understanding LoanX LAP SAVE - its features and benefits
Q&A Session
See you there!
Disclaimer: Investments in debt securities/municipal debt securities/securitised debt instruments are subject to risks including delay and/ or default in payment. Read all the offer-related documents carefully.