What Is A Loan Against Securities?
Loan Against Securities (LAS) is a kind of overdraft facility that allows you to pledge your securities as collateral to avail a loan. It is an easy way to receive a line of credit without selling your securities during a market downturn. Now leverage your investment capacity and receive a loan up to 80 per cent on a wide range of financial instruments.
Enjoy instant liquidity without any fore closer charge and pay interest only on the amount you have used. Loan against securities is a unique financial service that allows you the dual advantage of maintaining ownership on your investment and at the same time reaping their benefits.
Why Use Loan Against Securities?
Using loan against securities offers you a wide range of benefits.
- You retain the ownership on your investment
- You continue to receive the benefits like dividend and bonus on your investment
- Loan against securities allows you to receive a high loan value, up to 80 percent of collateral deposited
- Quick eligibility, without an additional document or proof of income, and easy renewal
- Add instant liquidity, improves your investment potential manifold
- Flexible repayment facility and penalty-free foreclosure
- With an easy online application process, now apply for a LAS anytime. There is no need to visit a branch