Loan against Shares
Pay monthly interest as low as ₹833/lakh.
Don't Sell your Shares, Pledge them instead.
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Loan under 15 mins
Get the loan amount instantly disbursed to your bank account.
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Zero paperwork
All we require is your Aadhaar and PAN.
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Overdraft facility
Pay installments only for the amount you withdraw.
What is Digital Loan Against Shares/Stocks?
Loan Against Shares helps you avail loan by pledging your shares with DhanLAP, you can get a loan starting from ₹25,000 by pledging your shares to meet your personal needs.
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
What you get
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15 minute process
Borrowing with DhanLAP is easy. Complete the simple loan process and your loan application will be processed immediately within 15 minutes.
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Fully Digital Process
With DhanLAP’s online loan application process, you will not be required to submit any physical documents at any time during the application process.
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Loan Tenure
We are currently offering loan tenures of 6 months, 12 months 18 months and 24 months.
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Get Instant disbursal to your Bank Account
Apply and get funds directly to any of your bank accounts from the comfort of your home.
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Best Interest Rate
Get a loan at an attractive Interest rate starting at 10% p.a on the utilised amount.
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Loan Value
With DhanLAP you can get a loan starting at a minimum of ₹25,000 onwards.
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Retain Ownership
Pledging your investments ensures that your savings grow, and your wealth plan remains intact even while you borrow.
Preclosure charges
At DhanLAP, we offer maximum flexibility for our customers. Hence, there are no pre-payment charges or penalties after 6 months.
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Repayment
We offer two repayment options for the loan: EMI and Balloon repayment. You also can choose any date for your monthly repayment from 1 to 28.
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Large List of Approved Shares
Select from a list of approved shares held in the Demat account with NSDL only. Click here to view the approved List of Shares
PROCESS
As simple as 1, 2, 3...
Signup
Download our app or Signup with you email and mobile number in web
1
Verification
One-time online verification using your PAN & Aadhaar details
2
Select the Shares
Select the Shares for which you are going to take loan
3
Pledge
Pledge your shares at NSDL
4
Bank Verification
Verify your bank account and setup E-mandate
5
Video KYC
Our Agent will verify you and your PAN details via video call
6
Read & E-Sign loan agreement
Digitally sign loan agreement with OTP authentication
7
Overdraft or Immediate disbursal
Whatever you apt for, you will receive your money within the same day
8
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
8,791
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EMI(Interest + Principal)
Pay equal monthly installments towards Interest & Principal.
OR
Balloon
833
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Balloon(Interest only)
Pay monthly installments towards interest only. Settle the principal at the end of tenure.
Loan Against Securities

1. Example - Balloon Payment
-Principal Amount => ₹1,00,000
-Annual Interest Rate(APR) = 10%
-Tenure => 12 Months
-Pay only Interest for 12months = ₹833.33 x 12 = 10000. (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 = ₹110000 (Principal and Interest)
-Total Loan Repayment Amount = ₹110000 (Principal and Interest)
-Total Cost of Loan = Interest Amount + Processing Fees + Stamp Duty = ₹10000 + ₹1000 + ₹20 = ₹11020 (Excluding GST)
For the loan against securities with a balloon payment, the borrower pays only the interest amount of ₹10000 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 ₹1,10,000 and a total cost of loan of ₹11,020 (excluding GST).
2. Example - EMI Payment
-Principal Amount => ₹1,00,000
-Annual Interest Rate(APR) = 10%
-Tenure => 12 Months
-EMI => Principal + Interest = ₹8791.59.
-Processing Fee = ₹1000 + GST
-Stamp Duty = ₹20 + GST
-Total Loan Repayment Amount = ₹105499 (Principal and Interest)
-Total Loan Repayment Amount = ₹110000 (Principal and Interest)
-Total Cost of Loan = Interest Amount + Processing Fees + Stamp Duty = ₹10000 + ₹1000 + ₹20 = ₹11020 (Excluding GST)
For the loan against securities with a balloon payment, the borrower pays only the interest amount of ₹10000 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 ₹1,10,000 and a total cost of loan of ₹11,020 (excluding GST).
Documents required
(This is an end-to-end digital process. Hence, no physical documents are required to be submitted.)
Aadhaar number
PAN Number
Bank IFSC code
Bank Account number
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Mobile number associated with your Aadhaar & Bank account
Eligibility
You should be between 18 and 65 years of age
Your entire shares portfolio should not be less than ₹50,000
The collateral value of any 1 share shouldn't exceed 50% of the total collateral amount.
You should have a Demat account with NSDL.
A minimum of 3 shares should be pledged.
Joint holders are not eligible for a loan
You should be an Indian resident
CHARGES
We are transparent about our charges
Minimum loan amount
₹25,000
Loan Tenure
6 months to 24 months
Interest rate
Flat 10% p.a (on utilized amount)
You can opt for overdraft facility. And pay installments only on utilized amount.
Processing Fee
1.5% 1%*
For e.g., You’ll pay ₹ 500 for ₹ 50,000 loan amount.
ONE-TIME PLEDGING CHARGES

Stamp Duty
₹20 + ₹3.6 GST
NSDL Pledging Charges
0.02% + GST
Charged 0.02% of the total pledging amount + GST by NSDL
PREPAYMENT CHARGES

(By prepaying your Installments can be reduced)
Upto 3 Months
3% of Prepayment amount
3 months 1 day to 6 months:
2% of Prepayment amount
More than 6 months
NIL
Same charges applicable for loan foreclosure
OTHER CHARGES

Annual charges
NIL
Withdrawal charges
NIL
Collection charges
NIL
In case of Default
OUR LENDING PARTNER
*Taxes as applicable
Developed by a team with over 75 years of combined experience in retail finance, DhanLap, is a first of its kind comprehensive digital ‘loan against securities’ platform in the country.
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Our Registered Office
15/, 92nd Street, 18th Avenue Ashok Nagar, Chennai - 600083
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