Get an instant approval for a Loan Against Shares through our online facility from wherever you are. Simply log onto our website, fill in the online application form and get an in principle approval within 5 minutes.
We offer one of the highest ticket size of up to Rs. 10 Crore so that you can pursue your business / personal aspirations.
You can prepay your loan at any interval as per the liquidity available with you.
You can choose to foreclose your loan anytime during your loan tenure without any foreclosure charges.
Get the flexibility to swap securities as per your convenience and need.
View all information and transact on your loan account on our Customer Portal – Experia. Raise requests and queries too. Just log in with your Username/Email ID/Mobile Number and access any information you want about your loan.
Get a single contact-point for all your requests and queries through your Dedicated Relationship Manager right from loan application to sanction and disbursement as well as for any further help that you may need.
get a free EMI Card with your Loan Against Shares for purchase of your favorite Consumer Durable and Lifestyle products with 0% interest finance.
Enjoy exclusive Pre-approved offers from time to time as a valued customer
Click Here for an instant 5 minute online approval
You can choose to part repay your loan without any pre-payment charges.
You may avail a Loan Against Shares if you are residing in any of the below-mentioned 17 cities across India:
|Date of Birth Proof|
|Income Details with your latest pay slip and form 16 for the past 2 years and last 6 months Demat statement|
|Bank Account Statements for the last 3 months|
*Kindly note that the list of documents mentioned is indicative. During loan processing additional documents may be asked for .The same will be appropriately communicated to you as and when required.
|Processing Fees||0.25%** to 1.00% of loan amount|
|Loan Statement Charges||NIL|
|Interest and Principle Statement Charges||NIL|
|PDC Swap Charges||NIL|
|Cheque Bounce Charges||Rs. 1000 for every bounce|
|Penal Interest||2% pm|
|Prepayment Fees||No prepayment charges if paid from own funds.|
|Secure Fees*||Rs 1,999|
* Applicable only for instant 5 min online approval process
** Applicable to Online LAS application
Click Here for an instant 5 minute online approval.
You can apply for Loan Against Shares using any of the following facilities:
Visit the online application form page and fill in all the necessary details. Please ensure you have filled all the fields with the correct information.
Once your loan application form is received, you will get a confirmation email and an SMS. This is a confirmation that the rest of the process for your loan has been initiated.
Shortly after your approval, one of our representatives will come and collect the necessary documents from you at an appointed time and date. We will make sure we collect all the necessary documents from you first time itself so that you don't have to take time out again.
After necessary checks, the loan amount will be credited to your designated salary bank account. A welcome note and online login details will be sent to you on your mobile. Using the online login you can check your statement of your accounts online.
Just call us on 1800 1033535. .
Email us at email@example.com
A. You can choose to foreclose your loan anytime you want after payment of interest and the principal loan amount. What’s more, there are no foreclosure charges.
A. All our loans come with the Part-Prepayment facility. With this, you can part prepay as much as you want during the tenor of loan.
A. Minimum & Maximum Loan Amount for Loan Against Shares is Rs. 15 Lac to Rs. 10 Cr. You may choose any loan amount ranging from 15 Lac to 10 Cr. The final sanction will depend on your portfolio value and various other criteria.
A. Please check out the Features and Benefits section for more details.
A. You can apply online through our Online Application facility or contact us through various channels, mentioned in the ‘Contact Us’ section.
A. For all online applications, you will get instant approvals.
A. You can repay the loan at any point of time during the loan tenor by repaying the due interest and principal loan amount through RTGS / NEFT / Cheque
A. With our online application facility, you can apply for a Loan Against Shares from wherever you are. What’s more, you get instant approvals.
A. For details, check out the ‘How to Apply’ section.
A. All loans are sanctioned on the basis of internal policies of Bajaj Finance Ltd.
A. Through our online application facility, you get instant approvals on your loan requests in 5 minutes. All disbursements are made within 72 hours of completion post approval/ sanctioned documentation & internal verification.
A. With our online application facility, you get the benefit of applying from anywhere. What’s more, you can get instant approvals on your loan requests.
A. You can check the status in multiple ways:
Call our Customer Care on 18001033535, give your unique reference number provided to you by email and SMS and on authentication of details like name and date of birth and you will be informed of the status of your application.
A. All your information is secure with us. The online application is a completely secured application using state-of-the-art security systems.
A. A Secure fee is a charge required to be paid for the submission of your application form online. This is required in order to process your loan online.
A. In case you choose not to pay the Secure fee, you will lose the benefit of an instant online approvals.
A. In case the loan is sanctioned, but the disbursement has not been availed by you within 30 days of sanction, we shall refund the Secure fee already paid by you in full. In the event of your loan rejection, we shall refund the Secure fee paid by you in full.
A. There are various ways in which you can pay your Secure fees online
A. All transactions on our website are safe. We use best-in-class security and the transactions done are secure. We use SSL data encryption that protects the information from being viewed by unauthorized individuals.
A. In case of any discrepancies we will refund the money, provided that the reasons are valid. Please call us at 1800 1033535. Read the ‘Terms and Conditions' for more details.
A. Loan Against Shares itself states that it is Loan Against Marketable Securities in which customer pledges his investment in favour of lender and borrow fund to meet his financial and personal requirement without selling his investment.
A. Features of Loan Against Shares
A. Broadly, there are two types of loans under this category:
A. To take care of all your investment as well as personal needs, meet contingencies, subscribing to primary issues, rights issues. It is the ideal way to get liquidity without liquidating them. It would make sense to avail of this facility when you are expecting a certain sum of money a few months down the line and you need some funds in the interim
A. the minimum loan amount is Rs. 15 Lacs & the maximum loan amount is Rs. 10 Cr.
A. Yes. You can pledge shares held with any Depository Participant in NSDL or CDSL
A. Bajaj Finserv offers Loan Against Shares for term loan & Flexi Loan. In a term loan, a customer borrows for a certain period like 3, 6, 9 & 12 months and can repay the loan amount at the time of completion of the loan tenure. In a Flexi Loan, a customer can request for repayment as well as disbursement up to his eligibility amount at any time during the tenor of loan.
A. Loan to Value starts from 50% to 65% depending upon the category of the shares. Margin bracket starts from 35% to 50%.
A. Interest is calculated on a daily basis on daily outstanding amount which needs to be repaid on a monthly basis.
A. Bajaj Finserv has its own approved scrip list and it lends against those scrips alone.
A. Yes, a customer can avail a loan by pledging his company’s shares post fulfilment of the relevant documentation requirement.
A. Yes. He can avail a loan on these shares. He is required to take all of them as co-borrower / Security Provider
A. Pledge charges vary from DP to DP. However, the common charge is 0.04% of the pledge amount.
A. For a Loan Against Shares, Bajaj Finserv considers the client’s profile, valuation of pledgeable securities & existing obligations if any, while calculating the loan eligibility amount. The ASM can help know the eligibility amount at the time of the personal meeting.
A. A customer can obtain the SOA through online our online Customer Portal – Experian, or contact his Loan Against Shares Relationship Manager.
A. A customer can repay the loan amount in part or full by drawing a cheque in favour of Bajaj Finserv OR through RTGS / NEFT at any point of time during the loan tenure.
A. Yes. A customer can release the same after repaying the loan amount to the effect that the margin is maintained as per requirement.
A. Bajaj Finserv does not levy any repayment charges.
A. A customer can initiate a release request through his DP after repaying the loan amount and interest to Bajaj Finserv.
A. When a lender funds an employee to exercise his/her vested shares which are under Employee Stock Option Plan, by asking to pledge those receivable shares at the time of allotment.
A. Any employee of the companies which are approved by Bajaj Finance Ltd, can avail this facility.
A. The minimum and maximum loan amount for ESOP finance is Rs. 10 Lac and Rs. 10 Cr respectively.
A. The loan eligibility amount is calculated based on:
A. Yes. We do fund FBT in case the required loan amount + FBT amount is within the eligible loan amount.
A. The margin varies from company to company. However it starts from 30% to 40%.
A. The tenure for ESOP Financing ranges from 30 Days to 180 Days.
A. Below are the charges:
A. The employee needs to fill up the loan application form along with the new POA based Demat a/c form and submit it to Bajaj Finance Ltd
A. Interest is calculated based on the tenure you opted for ESOP Financing at the time of application. However, Bajaj Finance Ltd charges minimum 30 days interest in case the loan is repaid within 30 days.
A. Bajaj Finance Ltd will bank a PDC cheque for interest collection on a monthly basis.
A. You can repay your loan in the following ways:
A. Yes. You may apply for ESOP Financing multiple times as long as your loan a/c is active with Bajaj Finance Ltd.
You can visit our branch or call us at 1800-103-3535 or SMS 'LAS' to 9773633633
Write to us at firstname.lastname@example.org to clear all your queries
SMS <<keyword below>> to +91 92275 64444
GETEMAIL for your current email address
UPDEMAIL <New email> to update your email address
GETADD for your current registered email address
CUSTID to know your customer ID
LAN to know your Loan Account Number
EMI LAN to know your loan/ EMI details
EXPERIA to know your Experia user ID and password
PIN to know your 4 digit EMI card PIN
FEEDBACK to give your valuable feedback
SAT Y Give a positive feedback
SAT N to give a negative feedback
(Your mobile number should be registered with us for this facility). Standard SMS Charges applicable
To know the address of your nearest branch Click Here
We provide loan against marketable securities to Retail & HNI and Promoters / Companies in promoter group on the following terms
Loan Against Shares -
Retail and HNI segment
Loan Against Shares -
|Tenure||12 months||12 months|
|Security||BFL Approved List of shares||Shares held by promoter & companies in Promoter group|
|Loan amount||25 lacs to Rs.10 Crs.||Minimum Rs. 5 Crs. to Rs. 30 Crs.|
|Margin||30 % to 60% as per Bajaj Finserv approved List||50% and above|
|Documentation||Standard Loan Document with PDC||Standard Loan Document with PDC|
We launched the Financial Fitness Report (FFR) for our Salaried customers in December 2013.
Through this report we would educate and create financial and credit awareness among Salaried customers, one of our many value added services we provide. We have partnered with a firm called Credit Vidya who possesses the expertise in preparing the FFR for our customers.
The FFR is a concise, crisp, customized and easy to understand report, available at just Rs.749, for select existing customers, covering the following:
Click here to view a sample copy of the report
The Financial Fitness Report is only available to select existing customers who have an offer on our Customer Portal.
To view the FFR offer, a customer must log in to the Customer Portal with a Username/Email ID/Mobile Number and Password.
Alternately a Salaried customer could seek information about the FFR from our Sales / Credit Manager during the Personal loan application process. The report for a new customer is priced at 999/-
Post application for a FFR, the report is generated within 3 days post disbursal of the loan and emailed to the customer on the email ID provided by him/her.