Rs. 10 Lakh Loan

Get a Rs. 10 Lakh loan through ESOPs, bonds, mutual funds, shares, insurance for quick approval, competitive rates, and flexible repayment terms.
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3 mins read
15-May-2025

Whether you are planning to grow your business, cover a medical emergency, renovate your home, or fund your child’s education a Rs. 10 lakh loan can be a huge financial support. But choosing the right type of loan is just as important as getting the amount you need. In India, you will find many loan options from personal loans to investment-backed loans. Loans against securities, such as mutual funds, shares, or insurance policies, are gaining popularity because they offer lower interest rates and faster processing compared to unsecured loans.

Let us take a closer look at six ways to get a Rs. 10 lakh loan, what documents you will need, how to apply, and the benefits of choosing a loan backed by investments.

Own shares or mutual funds? You do not need to sell them. Get a loan against securities to access funds quickly while your investments continue to grow. Apply now

6 ways to get a Rs. 10 lakh loan

Here is a quick comparison of different loan options you can consider, depending on the kind of investments or assets you hold:

Loan product

Interest rate

Loan tenure

ESOP Financing

Up to 15% p.a.

Up to 36 months

Loan Against Bonds

8–15% p.a.

Up to 36 months

Loan Against Insurance

Up to 24% p.a. (Compounding for lock-in, Simple for lock-in-free)

Up to 96 months

Loan Against Mutual Funds

8–15% p.a.

Up to 36 months

Loan Against Shares

8–15% p.a.

Up to 36 months

Need Rs. 10 lakhs urgently? Use your mutual funds or shares as security to get fast funding with minimal paperwork. Apply now

Who can apply: Eligibility for a Rs. 10 lakh loan

The eligibility criteria for a Rs. 10 lakh loan may vary slightly between lenders, but here are the general conditions:

  • Age: Between 18 and 90 years

  • Income: A stable source of income (salary, business, or investment returns)

  • Employment: Salaried individuals, business owners, or self-employed professionals

  • Asset ownership: Must own eligible investments like mutual funds, shares, bonds, or insurance

Some lenders may also consider your credit score and repayment capacity before approving the loan.

Loan Against Shares
Loan Against Mutual Funds

What documents are required for a Rs. 10 lakh loan?

Applying for a high-value loan like this means you’ll need to provide a few essential documents. Here’s a list of what most lenders ask for: 

  • Identity and address proof
    • Aadhaar card
    • PAN card
    • Passport, Driving license, or Voter ID
    • Utility bills (as proof of residence)
  • Income proof
    • Salary slips (for salaried individuals)
    • ITR or financial statements (for self-employed applicants) 
  • Investment proof
    • Demat account statement for shares, bonds, or mutual funds
    • Insurance documents for ULIP or endowment policies
  • Loan application form
    • Duly filled and signed as per lender guidelines

How to apply for a Rs. 10 lakh loan?

Applying for a loan against investments is straightforward. Follow these five steps:

Step 1: Choose your loan type

Based on your holdings, decide whether you want to apply against mutual funds, shares, bonds, or insurance.

Step 2: Check the terms

Compare interest rates, tenure, and LTV ratio (loan-to-value) across lenders.

Step 3: Confirm eligibility

Make sure you meet the basic criteria such as age, income, and asset ownership.

Step 4: Submit your application

Go online to the lender’s website and complete the application form.

Step 5: Upload your documents

Scan and upload KYC, income proof, and investment-related documents.

Step 6: Get approval and funds

Once verified, the funds are credited to your account, usually within 24 to 48 hours.

Need funds urgently without paperwork hassles?
Apply online for a loan against securities and get approval within hours. Apply now

Why choose a Rs. 10 lakh loan against investments?

Here are why many borrowers are opting for secured loans against their investments instead of personal loans:

  1. Lower interest rates: Because you are offering your investments as collateral, lenders view this as low risk. That is why interest rates are typically lower compared to unsecured loans.

  2. No need to sell your assets: Unlike selling your mutual funds or shares in a rush, this loan lets you retain your investments. They continue to earn returns while also backing your loan.

  3. Flexible repayment plans: You can choose a repayment plan that fits your cash flow. Some lenders allow interest-only EMIs, while others offer bullet repayment, where you pay the entire principal at the end of the tenure.

  4. Quick processing: Loans backed by securities usually require less documentation and get approved faster. For urgent financial needs, this makes them a more efficient option.

  5. High loan amounts: Depending on the value of your assets, lenders may offer up to 80% of the current market value of your securities. This allows you to borrow larger amounts without extra paperwork.

  6. Potential tax benefits: If you use the loan for business-related expenses, the interest paid may be tax deductible, making this loan even more cost-effective.

Final thoughts

Getting a Rs. 10 lakh loan does not have to mean selling off your investments or paying high interest. A loan against securities offers a smarter way to get the funds you need while your assets continue to grow. Just remember to compare loan terms, understand the repayment plan, and have your documents ready. Whether you apply against shares, mutual funds, bonds, or insurance this option gives you access to large funds with lower costs and fewer complications.

Ready to secure a Rs. 10 lakh loan today? Use your investments to unlock quick, low-cost financing with a loan against securities. Apply now

Frequently asked questions

How to get a 10 Lakh Loan within a short timeframe?
To get a Rs. 10 lakh loan, apply online and/or offline with banks or NBFCs offering pre-approved loans. Ensure a high credit score (700+), stable income, and minimal existing debt. Opt for secured loans against shares, or mutual funds for faster approval and lower interest rates.

What is the minimum salary for a 10 Lakh loan?
There is no minimum salary requirement to avail of a Rs. 10 lakh loan against your investments. Instead, your eligibility depends on the value and type of securities you pledge such as shares, mutual funds, or insurance policies approved by your lender. As long as your pledged investments meet the lender’s criteria, you can access funds without income-based restrictions.

What is the interest rate for a 10 Lakh Loan per month?
Interest rates for a Rs. 10 lakh loan may vary, depending on the lender and applicant profile. Monthly interest is calculated based on the annual rate, loan tenure, and repayment type. Secured loans offer lower rates than unsecured personal loans.

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