loan against shares

Thinking of selling your shares or mutual funds to meet a financial emergency?
Don’t!
The pathbreaking loan against securities allows you to instantly raise money against your shares without selling them!
Do you have an urgent need for cash? You can now avail of Loan against Shares (LAS) from the comfort of your home under the Instant LAS facility! Get high-value loans upto 85% of the value of your securities at attractive interest rates and avail of overdraft facilities against your shares and mutual funds, bonds and life insurance policies.

What is loan against securities (LAS)?

Loan against securities is a loan where you pledge your shares, mutual funds or life insurance policies as collateral to the bank against your loan amount.

How do loans against securities work?

Loan Against Securities are typically offered as an overdraft facility in your account after you have deposited your securities. You can draw money from the account, and you pay interest only on the loan amount you use and for the period you use it. 

For example, you are offered a loan against shares of Rs 2 lakhs. Let’s say, you draw Rs 50,000 and deposit the amount back in your account in one month. In this case, you are liable to pay interest only for one month on Rs 50,000.

The amount of loan you are eligible for depends on the value of the securities you offer as collateral

Four reasons why Loan Against Securities is the right choice for you

For example, you are offered a loan against shares of Rs 2 lakhs. Let’s say, you draw Rs 50,000 and deposit the amount back in your account in one month. In this case, you are liable to pay interest only for one month on Rs 50,000.

You get instant access to funds

When you pledge securities to take the loan, you get access to funds without ever having to liquidate the investments that you have made over the years.

It’s in your best interest

One of the biggest benefits of Loan against Securities is that you pay interest only on the amount that has been utilised and not on the limit extended. It can also be used as an overdraft facility.

You retain ownership

At no point do you have to liquidate your investments or securities. Even after having them pledged to Tata Capital, you can continue to reap benefits that come from your investments as you still enjoy the ownership of the financial products.

Easy Documentation

We ask for your basic KYC documents which makes the process of availing Loan against Securities hassle free.

Benefits of Digital Loan Against Securities

advantages

Over draft facility

looking for additional funds? No Problem By Pledging your Financial assets such as mutual funds or shares, We can Help you meet your financial requirements

Quick access to finance

We are here to make sure you instant funds when you need them the most. We process your application swiftly in a day or two maximum to secure your today and tomorrow

Zero foreclosure charges

No foreclosure & part prepayment charges empowers you to make EMI payments at Your convenience. Wo don’t believe in penalising you for early repayments.

Security swap

You have the flexibility to swap securities based on your stock market assessment, While you continue to reap the benefits of dividends, bonus and rights issues

repayment

In loan against securities,we provide you with the facility to repay your loan amount as per yours own convenience.

Even if you decide to repay the entire amount within one or two days of the disbursement of the loan, we do not charge you any additional prepayment fee.

high-value loans

interest on utilisation

No prepayment charges

overdraft facility

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