India Press Releases

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Bella Vida – A Game Changer in Skin Care

Bella Vida – A Game Changer in Skin Care

A new player in the healthcare industry has come up with solutions for your family’s skincare routine. Now, say goodbye to all the skincare products that failed to meet your expectations. Bella Vida promises to solve all your skincare issues with its launch in various cities across the country.

The research for these formulations was carried out by a team of Dermatologists for more than two years to suit the Indian skin.

The sun protection lotion has already become a rage among people of all ages.

“Our sunscreen lotion is the first one in India to protect against Infra-Red (IR) radiation besides protecting against ultra-violet (UV) rays. All other sunscreen lotions provide protection only from UV rays. Today, people spend lot of time on mobiles & laptops, hence it is essential to be protected from IR radiation as well,” explained Abhishek Joshi, Founder of Joshi Pharmaceuticals, about the USP of the products.

“Another unique product is our powder sunscreen. It is the first sunscreen in India in powder form,” he added.

Besides sunscreens, Bella Vida lip balms and moisturizers are also very popular. The products Brand has 17+ SKUs. All the  Bella Vida products have been dermatologically tested and are suitable for people of all skin types.

Bella Vida was conceptualized with the motto of providing high-quality skincare products at affordable price to the entire family. Bella Vida, the name itself translates to beautiful and happy life. As Indians, we like to do everything together and our life is beautiful when we are with family; hence One Family, One Bella Vida.

Pick your product and see the difference!

Director Navjit Buttar’s another romantic song Ho Gaya Hai Pyaar featuring Arjun Bijlani And Surbhi Chandna is OUT NOW.

Director Navjit Buttar’s another romantic song Ho Gaya Hai Pyaar featuring Arjun Bijlani And Surbhi Chandna is OUT NOW.

In today’s times, one comes across several singles being released by different music labels. However, there are some songs that boast of an everlasting melody, rich poetry, and soulful singing. These are songs that not just become a part of your playlist but also of your life. One such song releasing this week is the Yasser Desai sung ‘Ho Gaya Hai Pyaar’. The song has been composed by Jeet Gannguli and written by Kunaal Vermaa.

While the teaser of the song is all set to release on July 13, its strikingly beautiful poster, featuring the two leads Arjun Bijlani and Surbhi Chanda, has just been released. The poster is steeped in romance and gives you a good idea of what you can expect from the song. Those who have seen the music video directed by Navjit Buttar vouch for the fact that it is as gorgeous as the audio track.

Talking about the process of shooting the music video, director Navjit Buttar says, “We worked very hard to create some interesting visuals for the song. When I heard ‘Ho Gaya Hai Pyaar’, I instantly fell in love with it. I wanted to shoot a video that would complement the melody and the lyrics of the song. The beauty of the song and the video is its simplicity which will strike a chord with the audience instantly.”

Navjit, who started his career in the Punjabi music industry, is now a name to reckon with nationally. Donati Media, a film and visual production house set up by Navjit and Team; Donati has produced numerous videos under the supervision of Navjit Buttar. He has directed some of the most popular music videos made in the recent past like T-Series ‘Dil Lauta Do’ featuring Sunny Kaushal and Saiyami Kher and Jubin Nautiyal’s ‘Khushi Jab Bhi Teri’ featuring Jubin Nautiyal and Khushali Kumar. He is known for having an eye for visual aesthetics and has collaborated with some of the most prominent names in the film and music industry like Darshan Raval, Diljit Dosanjh, Neha Kakkar, Vishal Mishra, Tulsi Kumar, Papon, Jassie Gill, and Ammy Virk among other.

“Since people watch music videos from all across the world today, with each video one has to offer them the kind of visuals they have never seen before. Apart from ensuring the visuals are good, I also make sure that the video has a story that will connect with the audience. I believe every song tells a story and I try to capture it in the form of visuals. Working on ‘Ho Gaya Hai Pyaar’ was a wonderful experience as all the artists put their best foot forward”, he says.

Directed by Navjit Buttar and featuring Arjun Bijlani and Surbhi Chandna, the teaser of ‘Ho Gaya Hai Pyaar’ is all set to release on DRJ Records’ official YouTube channel on July 13. Prior to this song, Navjit had collaborated with DRJ Records on three other original singles which went on to become smash hits.

Transform Your Showering Experience With The Luxury Jaaz Shower Panel – Aquila

Transform Your Showering Experience With The Luxury Jaaz Shower Panel – Aquila

Looking for best-in-class shower panels? Buy Jaaz Shower Panels to give your bathroom the aesthetics it deserves

Shower Panels are a great way to get multi-functional in-built showering options at affordable prices. The best part about installing a shower panel is that it is easy to fix and use. It is suitable for any bathroom space. The ergonomic design of shower panels attached to bathroom walls takes less space without compromising on the output. Moreover, you get an elegant and luxurious look by installing a shower panel, making it a hot trend in the market.

About Jaaz Shower Panels

If you want versatility and a luxury bathroom look, then opt for Jaaz shower panels. Our innovative shower panels are an amalgamation of state-of-the-art technology and durable, long-lasting fixtures to give you a high-quality idyllic shower experience. This stems from our vision to always conceptualise and execute the manufacturing, designing, and distribution of bathroom products that suit the modern sustainable lifestyle and ergonomic home structure.

Jaaz has been the forerunner in delivering top-quality products to facilitate dealers, retailers, luxury hotels, and real estate developers better serve their target audience and clients.

We introduce to you our top-selling Jaaz shower panel – Aquila. Here is an overview of this product.

The Aquila Shower Panel: A Refined Sense Of Beauty

The Jaaz Shower Panel – Aquila is a must-have bathroom essential. Aquila Shower Panel has an organic design that can transform any bathroom with refined beauty.

All the Jaaz Shower Panels have been made to ensure smooth water flow without any leakage. This has two major significance. First, your bathroom space is always dry and clean. You can bid good riddance to any unnecessary dampness or damage to your bathroom due to leakage. Second, there is no water wastage. Installing our Jaaz Shower Panel – Aquila contributes to a sustainable environment and water conservation.

Feature of Aquila Shower Panel

The Jaaz shower panel – Aquila has been manufactured using premium material for elegance. Aquila has built-in showering options, including vitalising jet and multi-purpose shower heads with an easy cleaning system. The Aquila shower panel can be installed as a stand-alone unit within a shower cabinet or fixed on a bathroom wall. The wall panel is the base unit for all the functions, including:

  • Handshower
  • Adjustable vertical wall jets
  • Natural rainfall overhead shower
  • Soft-touch buttons or levers to operate various components fitted on the panel
  • Hot and cold temperature gauge and controls with a thermostat
  • Water pressure control lever
  • Inbuilt shampoo rack
  • Safe hot water lock for child safety

Usage and Experience

Jaaz Shower Panels gives a modern and luxurious look with a unique style adding to the aesthetics of a bathroom. Since all the functions are mounted on one wall unit, it is relaxing and easy to use all the functions. The perfect angle of water jets evenly distributes the water to every part of the body for a soothing and massaging effect.

As pioneers of the latest trends in bathroom products, we’re constantly innovating and advocating for products that seamlessly combine sustainability, ergonomics, and luxury. Order Aquila now and experience the luxury yourself. For more information visit our website.

Lindy announces a new distribution partnership with Green Sources Pvt. Ltd.

Lindy announces a new distribution partnership with Green Sources Pvt. Ltd.

Green Sources Pvt. Ltd, the India-based value-added distributor in AV & IT products signed a partnership agreement with Lindy. Both parties are celebrating this great opportunity for multiple reasons.

Green Sources, established in 2009, have operations across India, and they are one of the most recognised AV & IT distributors in the country. Together with Lindy they are an unbeatable pair as Lindy high quality and the high-performance range covers the whole AV/IT cable & connectivity spectrum and all come with the Lindy guarantee as standard.

Elia Lupi, Head of Global Sales at Lindy says about the partnership:

“Being distributed is very important for a manufacturer but being distributed by a value-added distributor such as Green Sources is essential. We always look for territory coverage, competence, knowledge, support, and professionalism when thinking of a partnership and we found all of these ingredients with Green Sources. We are thrilled to serve the Indian market with their help and support. Stay tuned. Lindy and Green Sources are coming to the market!”

Swadesh Khetawat, Managing Director at Green Sources Pvt. Ltd. comments on the new cooperation:

“Introducing new products is nothing unusual. But partnering with a company like Lindy, which has stood its ground since 1932 for the values of fairness, honesty and integrity is surely some great news for Green Sources. Our Indian customers will surely benefit from the Lindy brand which has been synonymous with innovation and high-quality connectivity and technology solutions. Look out people, Lindy is coming to you in India, soon.”

About Green Sources

Green Sources Pvt. Ltd. is a value-added distributor in AV & IT products, with offices across India. They have gathered adequate experience to ascertain the best quality products for businesses. Today, they are known to offer the most sought-after AV & IT products to their esteemed partners. Rated SME 1 by CRISIL (Highest level of Creditworthiness), they are known for their dependability, combined with financial safety and security for all their stakeholders.

Learn more about Green Sources (https://greensources.co/)

Uranus Oil : India’s first tech based green energy startup that collects used cooking oil using EVs and helps in converting the oil into green fuel

Uranus Oil : India’s first tech based green energy startup that collects used cooking oil using EVs and helps in converting the oil into green fuel

Uranus Oil is a renewable energy and waste management startup based in India. The startup remains in the news for having a well-executed tech-based waste management platform and efficient infrastructure to aggregate the waste used cooking oil generated from various outlets and sending them for producing biodiesel, which is a cleaner alternative for the conventional diesel derived from petroleum. Uranus Oil is an FSSAI RUCO authorized used cooking oil aggregator and has tie ups with many biodiesel plants across India. Primary Biodiesel partner of Uranus oil is Pan Oleo Energy Limited, which is a large-scale biodiesel manufacturer.

The startup has also been deploying several EV vehicles for their waste management operations, thus making them as the first firm in the Indian used cooking oil management domain to use EVs for their operations. Their operations are spread all across India with the primary operations spread across Tamil Nadu, Kerala, Andhra Pradesh, and Karnataka. Biodiesel is being made from Used Cooking Oil as well as other waste oils as well as fats.

Uranus Oil also aggregates other feedstocks like animal tallow, palm stearin, and palm oil mill effluent (POME) which can be used as primary feedstock in the production of biofuels.

Mr. Saravanan, Co-founder of Uranus Oil commented that “The whole world is facing a shortage of energy resources. In such a situation, substantial increase in renewable energy production can go a long way to satisfy the growing energy demand. Uranus Oil follows balanced eco-friendly rules. The wasted used cooking oil which used to be dumped in the drains is now getting a fair price for the restaurant owners. We are happy to inform you that a large number of people are joining us, and this Taking the campaign forward. The whole system of used cooking oil collection creates a virtuous cycle for the restaurant owners, restaurant customers, the biodiesel manufacturers as well as biodiesel consumers. The restaurant owners are getting paid to dispose of their waste oil, consumers of such restaurants are consuming healthy food made from cooking oil that has not been reused, biodiesel manufacturers are getting feedstock for their business and the consumers of biodiesel are getting a cleaner fuel for conventional diesel at a cheaper price.”

Uranus Oil was awarded the best emerging startup in renewable energy, by the Times group. The team is composed of a combination of renewable energy experts as well as youngsters. The company is on track to set up entrepreneurship alternatives for individuals across the country through the Uranus Entrepreneurship program. The company has also plan of expanding its scope into Plastic waste management as well as rubber waste management, apart from Used Oil Management.

Khyati Mehta- The First Woman Amputee To Climb Kalsubai Peak in Maharashtra

Khyati Mehta- The First Woman Amputee To Climb Kalsubai Peak in Maharashtra

Mumbai: Khyati Mehta, a 39-year-old amputee is the first woman to climb the Kalsubai peak with a prosthetic leg. Kalsubai is the highest peak in Maharashtra at 5,400 ft and a 6.6 km long trek that has a moderately hard difficulty level. This feat which was performed on 26th January 2022 on the occasion of the 73rd Republic Day of India to celebrate Azadi ka Amrit Mahotsav, holds a record title under India Book of Records and Asia Book of Records, 2023.

Born with 60% disabilities including bilateral flexion contracture & bilateral varus legs, Khyati has scaled the Surkandadevi Temple trek which is a steep 3 km trek at 9000 ft in Uttarakhand. In the past, she has trekked the 5,200 ft Vaishanavdevi peak. Being modest about her achievements, Khyati says, “I am still a trekker but wish to be a mountaineer someday and reach for a more technical climbing that will help me scale unexplored summits.”

Khyati is a passionate traveller who has travelled to more than 20 countries of the world. With her disabilities and a prosthetic foot, she did sky diving in New York, trekked Taman Negara Forest in Malaysia, travelled to North Cape Norway, scuba dived at Langkawi, Malaysia and Andaman, paraglided at Bir Biling, Palampur, and did white water river rafting at the highest altitude of Ladakh. Little wonder that she is entrepreneuring as a Travel & Visa Consultant and has her travel agency in Mumbai.

Khyati has also gained the reputation of one of the Fastest Walking Marathoners with her participation in more than 20 marathons. When asked what challenges an amputee faces during the treks, marathons, and similar adventures, Khyati says “Every 30 mins or 1 hour, I have to remove my prosthetic limb and give a few minutes to relax my muscles and the stump. I often get blisters on the stump, develop bursitis on my hips or endure severe back pain. During the Kalsubai trek, there were around 6 steeply inclined ladders with wide railings. My deformed hands cannot extend to hold the railings, at the same time, my hands don’t have the ergonomic grip to hold the railings. But with the support of my co-trekkers and god’s grace, I managed to reach the top.”

Besides planning new adventures, Khyati is busy giving shape to her new startup wherein she designs uniquely curated travel packages for specially-abled communities. “Being an ardent traveller, I have experienced innumerable challenges which specially-abled people like me have to endure. With my experience and expertise, I want to design hassle-free and smooth travel for disabled people that accommodates their shortcomings while allowing them to optimally explore the destination.”

Kunal Gupta Felicitated with Times 40 under 40 Achievers Award for Outstanding Contribution to the Recruitment and Staffing Industry

Kunal Gupta Felicitated with Times 40 under 40 Achievers Award for Outstanding Contribution to the Recruitment and Staffing Industry

~ With his contributions Kunal Gupta has ushered an ecosystem of growth, opportunity, and merit in the Indian HR Industry. His platforms are using the new age of Artificial Intelligence to help provide jobs and livelihood to millions of people. ~

New Delhi: Kunal Gupta, Founder & MD, Mount Talent Consulting, Rozgar.com, and Value Innovation Labs, has been honored with the Times 40 under 40 North 2022 Awards for his outstanding contribution to the HR Industry. Through his exemplary work, he has ushered an ecosystem of growth, opportunity, and merit in the recruitment and staffing industry.

Organized by the Times Group and powered by OneXtel Media, the glittering event was attended by stalwarts in the industry. The platform identifies, encourages, and recognizes the excellence of the top 40 brightest young entrepreneurs, leaders, and innovators under the age of 40 from multiple fields such as Information Technology, Automobile, Consumer Durable, Retail, Real Estate, Education, Healthcare, E-Commerce, FMCG, Designs, Talent, Entertainment, Fashion, Hospitality, Service Industry, etc,

Elated on receiving the award from Cine Star Sonu Sood at Westin, Gurugram, Kunal Gupta said, “I am grateful to the Times Group for considering and acknowledging my work worthy of appreciation. This applause would not have been possible without the support of my team, partners and stakeholders.” He further shared, “My next mission is to provide 25 lakh jobs by 2025 using my job search platforms and services.”

Kunal Gupta has been instrumental in providing jobs and livelihood to more than 1.3 lakh people across levels, industries, and geographies. His platforms–Mount Talent Consulting & Rozgar.com–use new-age Artificial Intelligence to help provide jobs and livelihood to millions of people. He has launched AI-based products such as AI-based HRMS and AI-based job portals.

Kunal Gupta has been empowering the HR space with AI-driven Enterprise HRMS which has unique features to increase employee productivity by 70%. It has features that include a chatbot for interviews, Employee Productivity Management, Employee Performance Management, Secured Employee Communication–Voice, Video, and Group-based. Real-time task and employee tracking through Geotagging, Geofencing, real-time analytics, and chatbot-based helpdesk.

A first-generation entrepreneur, Kunal Gupta operates businesses in Employment, Technology, and Infrastructure across India, the US, the UK, South Asia & UAE. Having worked with more than 700 clients including Fortune 500 companies, his clients comprise Amazon, Boston Consulting Group, McKinsey, Accenture, Flipkart, Honeywell, Bharti Airtel, Mercedes, Ernst & Young, OYO Rooms, KPMG, Landmark Group- Worldwide, American Express, ICICI Bank, HDFC, Mphasis, Sapient – Publicis, Cognizant, Lazada – Alibaba group, Adobe Systems, and others.

Kunal Gupta has always addressed the concerns faced by clients through multiple solutions including onsite, offshore, project-based models, contractual temporary staffing models and also headhunting people at the leadership level for multiple organisations. It has defined the best practices in Human Resource Consulting, Market Intelligence, Compensation Benchmarking, Job Grading, Organisation Development, Training and Development, Recruitment and Staffing, Performance Management, etc

An avid speaker, he has been a voice for national & international forums on employment, technology, and entrepreneurship. He is also an active member and contributor to CII, TiE, NASSCOM, Sector Skill Councils, National Skill Development Corporation, MSME Industry bodies, Global Incubation Centres, and other associations.

His determination, perseverance, and zeal have made him the recipient of the iconic Philip Kotler’s “Emerging CEO of the Year” Award in 2020 and awarded & honoured by Chief Minister of Haryana, Shri Manohar Lal Khattar, for Industry Integrated Employment Promotion. He believes in living more-life-in-one-life to create a legacy and impact on the world.

Media Contact:

Rosy Sharma, +91 9582495515, rosy@valueinnovationlabs.com

Shabd.in online and printing platform launches Self-Publishing Packages with highest royalty

Shabd.in online and printing platform launches Self-Publishing Packages with highest royalty

If you are considering self-publishing your book, there are several different ways to get it published.

One of the most compelling reasons to publish your own book is the freedom to control every aspect of its production. In addition to earning more royalties, self-publishing gives you full creative control.

Shabd.in, a newly launched online publishing and printing platform announced its business operations in May 2022. The publishing and printing platform publishes and prints in two languages as of now, both online and in paperback format, with other Indian languages in pipeline.

“We all love books and the idea of writing, so we wanted to create a platform for the Indian writers out there of every age group who has a dream of becoming a published author in any Indian language in genuine prices, earn royalty with complete transparency in an easy way all from the comfort of their home.”, says Amitesh Misra, CEO, MD, and founder of Shabd.

Shabd.in provide four packages, two dedicated to publishing and printing of books and two dedicated towards advertising and marketing. “We have a skilled team of profession writers, authors, reviewers, influencers, and designers to help our clients all in through the journey, not only that we have implemented new and modern techniques of marketing strategies that can ensure the best of results and market exposure to our published authors.” Misra added.

Shabd also very notably offers the highest amount of royalty in the publishing industry, i.e. 80 per cent. Also, interestingly, here the author decides the royalty first and then the final price of the book is calculated. You can also choose whether to publish your book as free or as paid. The book takes only a day to go live on Shabd.

Apart from this, Shabd also offers a lot of books for the readers out there. There are hundreds of books on the platform that can be read for free without spending a dime. Also, in extracurricular activities on the platform, numerous daily, weekly and monthly competitions for all age groups get organized with lucrative prizes.

You can now get your books published on shabd.in. Your books will now be available in paperback format on the platform and any user can order them directly. You can now avail various additional services like book cover-design, Proof-reading, marketing/promotion and much more.

An entirely new interface is available on shabd.in for writing. Now you can not only writer articles, but also complete books on this platform. Shabd.in platform is becoming increasingly popular among authors and writers due to these features and benefits.

Chocolaty Brings Exclusive Gifting Range for Rakhi in 2022

Chocolaty Brings Exclusive Gifting Range for Rakhi in 2022

According to the Hindu calendar, the festival of Raksha Bandhan is observed, and the dates change frequently every year. Of all the holidays in India, this one is the one that all brothers and sisters excitedly welcome. It is a celebration that holds promise since it provides blessings like joy and love, which enhances the beauty of the event. Raksha Bandhan is a custom of tying rakhis, which is stronger than iron chains and symbolises a vow that never expires. This celebration has been around since time immemorial.

Raksha Bandhan festival is here once more on the calendar and as always it is a celebration of joy, happiness, siblings, and divine. Also, Chocolaty is ready to assist people with their Rakhi celebrations by offering a wide array of rakhi and rakhi gifts as they do every year. Chocolaty serves as an ideal link between siblings and brothers during this Raksha Bandhan. It has expanded its reach nationally which allows sisters and brothers to build a solid connection by delivering rakhis pan India.

The celebration of rakhi in India is renowned for its beauty and strengthening the force of deep devotion between the sisters and brothers. In fact, India is all around the globe renowned for its vibrant celebrations and the evergreen tradition. It is celebrated with various celebrations, family gatherings, and sweets, Raksha Bandhan is about the love of God and happiness. Similar to other festivals, the rakhi ceremony has a unique significance.

There is almost only a month left in Raksha Bandhan and the Chocolaty is ready for the festival. For 2022 Rakhi Celebration, Chocolaty is providing facility to Send Rakhi Online Delivery in all the 29 states of India.

The CEO and Founder of Chocolaty.in the statement, he stated, “Chocolaty always holds in high regard the feelings and emotions of its clients. We believe in spreading smiles with our tokens. The overwhelming response we received from the rakhi distributions in a handful of states over the last year has prompted us to extend our reach to 29 states, and to every part of India. The trust of our customers in our service has been an important driving factor. Also, this year we are determined to bring together brothers and sisters who are separated by geographical borders.”

Chocolaty always has an array of rakhi options that are diverse. This year is no exception. In addition to single rakhis The website is also able to market rakhi sets that include three, two-four, and five. Also, one can purchase bhaiya bhabhi sets of rakhi and combinations of dry fruits, chocolates, sweets, Signature boxes, and even plants. One of the most essential benefits is that one can Same Day Rakhi Delivery.

Chocolaty also demonstrated the safety precautions taken in order to establish a powerful and positive influence as a known brand while keeping the pandemic and viruses in mind. The gifting giant has demonstrated how they are handling the matter, from appropriate sanitization of the facilities, rakhis, and rakhi presents, to temperature checks of the personnel every day, from giving zero touch delivery to having the employees immunised. Additionally, it guarantees the clients a secure celebration. Chocolaty, an online retailer of rakhis, has also claimed that they have increased the scope of their delivery services to the highest level possible.

To ensure that the celebrations are alive, regardless of distance, the website allows family members to send Rakhi presents for India. The website lets its users select from a variety of unique rakhis, curated across the country to different age groups. Chocolaty also has a special Rakhi hamper, which includes rakhi threads for both the brother and sister-in-law, a law, as well as a tray decorated with traditional sweets and modern chocolates, based on the person’s preferences. In addition, the website provides a variety of choices for the sister-in-law, such as Rakhi threads for her, personalised luxurious hampers and watches, couple mugs, and specially designed gift certificates.

To keep the present catalogue engaging for its clients, the firm has created a wonderful blend of traditional and contemporary gift goods. They may purchase traditional rakhi designs at reasonable prices, including semi-precious stone rakhis, hand-painted rakhis from Tanjore, zardozi rakhis, and many others. In addition to this, the web site has created American Diamond Rakhis and Bracelet Rakhis that are fashionable and can be delivered the same day in order to match the expectations of the younger generation.

Since its starting, the company has delivered thousands of gifts across the PAN India. To give gifting a personal experience and ensure that the recipients choose and deliver the most appropriate gifts, Chocolaty offers 24×7 customer support. The customer service representatives help users navigate the site and assist them in selecting the most appropriate gift options for sending the rakhi.

About Chocolaty

Chocolaty has thrived in the Indian market as a leader in the gift industry with its distinctive gifts (flowers, cakes, jar cakes, plants, etc., personalised gifts, combos). Mr. Abhishek Singh’s effort allowed the company to build its first Chocolaty store in New Delhi in 2017.

In addition to having the top-of-the-line gift-finding platform, a unique range of products, customised packaging as well as zero tolerance quality of service standards, and a food-to-table supply chain The brand is always Vocal For Local. Chocolaty is a market leader today, providing delivery services to hundreds of locations and guaranteeing a great experience for every customer. Chocolate is prepared to handle all of the Indian Market’s needs for the rakhi celebration.

Tata Capital Launches Digital On-boarding Journey For Loan Against Shares

Tata Capital Launches Digital On-boarding Journey For Loan Against Shares

Tata Capital Ltd, already known for its one-of-a-kind and unparalleled financial facilities, has recently made yet another staggering announcement. The company has launched digital on-boarding journey for Loan against Shares.

As a part of the launch of the facility, Abonty Banerjee, the Chief Digital Officer of Tata Capital, said that the digital LAS offered by the NBFC will help its customers meet their financial requirements conveniently. She further said that Tata Capital is confident that its newly – launched credit facility will benefit its customers.

Tata Capital has introduced the facility via its digital customer service portal, which can be used for placing pledge requests digitally with the help of NSDL API and get the same approval from the respective depository participants (DPs). The availability of this online facility is expected to make the process of availing credit against shares highly convenient and quick.

How Does the ‘Loan Against Shares’ Facility Work?

Loan Against Shares is a facility where people can take Loan Against Shares in their Demat account as collateral. The maximum amount an individual can avail is determined by a percentage of the total market value of shares present in the portfolio of the individual.

In India, banks can lend a maximum of Rs. 20 Lakh under a single entity under the LAS facility. However, by being a Non-Banking Financial Corporation (NBFC), Tata Capital can offer up to Rs. 5 Crore credit under the LAS facility. Tata Capital is one of the first NBFCs who offer an end-to-end integrated digital onboarding experience for Loan Against Shares.

Who is Eligible for Tata Capital’s LAS Facility?

The eligibility criteria for availing Tata Capital Loan Against Shares facility are as follows –

  1. Individuals: Salaried and self-employed individuals who fall in the age bracket of 18 to 65 years are eligible for the LAS facility.
  2. Non-Individuals: Entities that have existed for at least the last two years are eligible for the credit facility.

Documents Required for Loan Against Shares Facility:

To avail this facility, one needs to submit the following documents:

  • A photo ID proof such as Aadhaar Card, PAN Card, etc
  • Address proof such as Passport, Utility Bill, Bank Passbook, etc.
  • Last six month’s bank statement
  • Income Tax Return for the last two years
  • Last three months’ salary slips
  • 1 Security Cheque
  • A Passport-sized photograph

What are the Key Benefits of the Tata Capital LAS Facility?

One can enjoy the following benefits by availing of the LAS facility with Tata Capital –

  • Online Process: The process, from application, account creation, pledging of shares, and identity verification to the transaction of the amount, can be completed online. No paperwork and no branch visits are required. One can also electronically sign their documents and benefit from the e-Nach facility.
  • Retention of Ownership: When one pledges their shares to avail of a loan from Tata Capital, they continue retaining their ownership over their shares. They can continue to benefit from the returns generated by their investment in the share market, as they need not liquidate them.
  • Zero Scope of Error: With Tata Capital’s online onboarding and customer servicing platform, the risk of document error stands at zero, be it the ones submitted to the NBFC or those exchanged with the DPs. Thus, it helps in avoiding the risk of rejection of their application and delays in processing the loan amount.
  • Interest Payable on Utilised Loan Amount Only: When one avails the LAS facility with Tata Capital, they only need to pay the interest on the amount utilised as a loan by them and not the total credit extended by the NBFC. The remaining credit line can be used as an overdraft facility.
  • 1-Day Processing of Loan: Once the documents submitted by the individual are verified, the shares are pledged and final approval is given, then it takes only a day for the individual to receive the entire loan amount.
  • No Foreclosure or Prepayment Penalty: One can pay back the loan amount whenever they want, even if it is just 1 or 2 days right after the loan disbursement from Tata Capital. The NBFC charges no foreclosure or prepayment penalty.

Wrapping Up:

With the LAS facility offered by Tata Capital, one can leverage their investment to fulfil their credit requirements while enjoying returns from their investment. All one needs to do is pledge their shares digitally, and they can get a loan of up to Rs. 5 Crore!