Loan against Securities

Don't Sell your securities,
Pledge them instead.

Loan against Securities
Pay monthly interest as low as ₹833/lakh.
Pay monthly interest as low as ₹833/lakh.

Type of Securities

Loan Against Mutual Funds

Loan Against Shares

What is Digital Loan Against Securities

Loan against Securities
With a Digital Loan against Securities where you can avail of the loan by pledging your securities like mutual funds and shares as collateral. LAS is provided as an overdraft facility and is ideal for all your short to medium-term needs. The lender holds the Mutual Fund & Shares units as a security till you repay the loan amount. Your Mutual Funds & Shares will continue to earn returns, but you cannot redeem or sell them while you have pledged them to the lender.
You may borrow up to 50% of the value of your Equity Mutual Fund schemes in your portfolio. The value of your Mutual Fund scheme is derived by multiplying the number of units by the scheme's NAV. The total value of all Equity Mutual Fund schemes will be used to calculate your portfolio value.
You can get a loan of up to 50% of the present value of your shares.
We currently support only Brokers that are registered with NSDL

Benefits of LAS

Loan Against Mutual Funds

Loan Against Shares

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Loan against Securities

Process of LAS

Loan Against Mutual Funds

Loan Against Shares

LAS Calculator

How much will it actually cost?

With our overdraft facility you will pay Installment only on the amount that you choose to get disbursed

CHOOSE AMOUNT & TENURE
Interest 10% *
Loan Amount
Tenure
Estimated Installment
EMI
8791
or
Balloon
833

Maximum Annual Percentage Rate (APR): 13%

1. Example - Balloon Payment
-Principal Amount => ₹1,00,000
-Annual Interest Rate(APR) = 13%
-Tenure => 12 Months
-Pay only Interest for 12months = ₹1083.33 x 12 = 13000. (The principal amount needs to be repaid at the end of the loan tenure)
-Processing Fee = ₹1000 + GST
-Stamp Duty = ₹20 + GST
-Total Loan Repayment Amount = ₹113000 (Principal and Interest)
-Total Cost of Loan = Interest Amount + Processing Fees + Stamp Duty = ₹13000 + ₹1000 + ₹20 = 14020 (Excluding GST)
For the loan against securities with a balloon payment, the borrower pays only the interest amount of ₹13000 for 12 months, and repays the principal amount of ₹1,00,000 at the end of the 12-month tenure, with a total loan repayment amount of ₹1,13,000 and a total cost of loan of ₹14,020 (excluding GST).
2. Example - EMI Payment
-Principal Amount => ₹1,00,000
-Annual Interest Rate(APR) = 13%
-Tenure => 12 Months
-EMI => Principal + Interest = ₹8931.71.
-Processing Fee = ₹1000 + GST
-Stamp Duty = ₹20 + GST
-Total Loan Repayment Amount = ₹107180 (Principal and Interest)
-Total Cost of Loan = Interest Amount + Processing Fees + Stamp Duty = ₹7180.52 + ₹1000 + ₹20 = ₹8200.52 (Excluding GST)
For the loan against securities with EMI payment, the borrower repays the loan in equal monthly installments of ₹8,931.71 for 12 months. The total loan repayment amount is ₹1,07,180.52, and the total cost of the loan is ₹8,200.52 (excluding GST), including processing fees and stamp duty.

Frequently Asked Questions

What is Loan Against Securities?
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What is the eligibility criteria to apply for a 'Loan Against Securities'?
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What is the interest rate of loan against securities at DhanLAP?
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How to avail loan against securities?
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What is the LTV/Loan to Value for Loan against Securities?
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Can I pledge any shares or mutual fund units of my choice?
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What is the minimum and maximum loan a customer can get through Loan Securities?
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What steps should I take if I encounter an error during the Loan against securities account opening process?
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ELIGIBILITY

check mark icon You should be between 18 and 65 years of age
check mark icon Your entire portfolio should not be less than ₹50,000
check mark icon Joint holders are not eligible for a loan
check mark icon You should be an Indian resident

DOCUMENTS REQUIRED

(This is an end-to-end digital process. Hence, no physical documents are required to be submitted.)

Aadhar Black Icon
Aadhaar number
Pan Black Icon
PAN Number
IFSC Black Icon
Bank IFSC code
Bank Black Icon
Bank Account number
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Mobile number associated with
your Aadhaar & Bank account

Charges

We are transparent about our charges

Loan Against Mutual Funds

Loan Against Shares

OUR LENDING PARTNERS

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Our vision is to provide customers with the most efficient way of managing their assets to get more out of it.
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