Loan Against Securities

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

Digital Loan Against Shares

Your Loan Against Securities (LAS) account is opened instantly. The funds are available for use immediately.

Benefits of Digital Loan Against Securities

Pay interest only on the amount you use

All you need to know

HDFC Bank is the first Bank to offer, Digital Loan Against Mutual Funds (LAMF). You can pledge mutual fund investments online and get an overdraft limit set in your account. Enjoy the benefits of instant availability of funds, retention of mutual fund returns without liquidation, and more.

  • Indian Resident
  • NRI
  • Owner of a Sole Proprietorship, Partnership Firm, Private Trust, Private Limited Company or Public Limited Company

If you are a minor, you are not eligible for the loan

  • Digital loan against Shares/ Mutual Funds
    Pledge your Shares/ Mutual Funds digitally and get an instant loan in three easy steps. It’s completely automated and paperless.
  • High Loan to Value
    Get a loan worth up to 80% of the value of the securities pledged, with the minimum loan amount of Rs. 50 thousand.
  • Loan End Use
    The HDFC Bank Loan Against Securities is provided only for personal purposes. The loan amount cannot be used for speculative activities, any purpose linked to capital market activities, or for any anti-social purposes. All credit provided is at the absolute discretion of HDFC Bank.
  • Easy Repayment
    Service your interest payments by way of credits in your account every month. The interest is calculated only on the amount of the loan actually used by you.
  • Transparent Processing
    All our charges are communicated up front, at the time of the processing of the loan. HDFC Bank Loan Against Securities comes without any prepayment and foreclosure charges, and relieves you from the stress of dealing with post dated cheques.

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