What is

Loan Against Securities

Loan Against Securities (LAS) helps you meet your immediate financial needs by pledging your securities. This loan allows you to enjoy the dual advantage of retaining your investments and reaping their benefits.


Key Benefits of investing in Mutual Funds

  • Retain the ownership of pledged investments
  • Continue to receive dividends/income from investments
  • Enjoy the appreciation of your portfolio/ investments
  • Avail best-in-class interest rates
  • Get loans starting from Rs 50,000
  • Portfolio value of minimum Rs. 1,00,000
  • Good CIBIL score
  • Stocks to be pledged must be eligible as per the SEBI mandate
Overly LOAN AGAINST SECURITIES WITH SHAREKHAN PERSONAL LOAN CREDIT CARD
Overdraft facility Yes No No
Interest rates 9% - 12% p.a. >14% p.a. >30% p.a.
Tenor 1 year (renewable) 1 year – 5 years 1 year (renewable)
Pre-payment charges Nil 4% - 5% Nil
Processing fees 0.50% - 1% of drawing power (no hidden charges) 2% - 5% 2% - 5%
Interest calculation Only on the amount utilised and for the period of utilization Entire loan amount disbursed On the amount utilized
Flexibility of utilization Disbursement as per requirement The entire loan amount has to be taken at once Credited as per requirement
Approval rate 99% 40% 40%
CIBIL score Required Required Required
Low CIBIL score deviations Possible Not possible Not possible
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