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Security Trustee Services

Security Trusteeship is a contractual arrangement amongst Borrower, Lenders and the Trustee. This arrangement is established by executing a document called Security Trustee Agreement (STA). The securities under the transaction are created in favour of the trustee for the benefit of the lenders.

Our Services Include:

  • Advising security creation and related documentation procedure
  • Vetting / drafting of security documents in line with sanction terms / loan documents
  • Holding of security for the benefit of the lenders’ and ensuring compliance with regulatory filing / registration procedures
  • Safe custody of title deeds, security and transaction documents
  • Monitoring of security cover (transaction specific), disposal and substitution of existing securities
  • Monitoring of endorsement of insurance policies / obtaining insurance policies as per lenders’ instructions
  • Investigation of title / site inspection of the property / pay or discharge any tax levied\on security document upon instructions of the lenders
  • Enforcement of security as per the terms of the security documents Managing enforcement proceeds as per waterfall mechanism

Why Axis Trustee

  • Trusted Brand

  • Unmatched Customer Service

  • Diverse Offerings

  • Domain Expertise

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