Documents required for Rs. 25 lakh loan
When applying for a Rs. 25 lakh loan, you’ll need to provide documents for identity, address, income, and investment ownership:
Official Valid Documents (OVDs) for KYC:
- Identity proof: Aadhaar, PAN, passport, Voter ID, or driving licence
- Address proof: Utility bill, passport, driving licence, or Aadhaar card
Other documents:
- Income proof: Salary slips, IT returns, or business financial statements
- Bank statements: Last six months’ statements
- Investment proof: Ownership documents for shares, bonds, mutual funds, or insurance policies
- Loan application form: Completed and signed as per lender requirements
Some loan types may require additional paperwork.
Which is better - loan against securities or unsecured loan for a Rs. 25 lakh loan?
If you are eyeing a Rs. 25 lakh loan, choosing the right type can save you lakhs in interest and make repayment stress-free. Here’s how a loan against securities (LAS) stacks up against an unsecured loan:
Feature
|
Loan against securities
|
Unsecured loan
|
Interest rate
|
Typically, 8–15% p.a., thanks to being secured
|
Usually 13–18% p.a. due to higher lender risk
|
Processing time
|
Fast – often within 24–48 hours once securities are pledged
|
2–5 days, depending on documentation and credit checks
|
Documentation
|
Minimal – Demat statement, KYC, pledge form
|
More extensive – income proof, salary slips, bank statements
|
Ownership of assets
|
You keep earning dividends/returns on pledged securities
|
Not applicable
|
Repayment flexibility
|
Interest-only EMIs possible, bullet repayment at end
|
Fixed EMIs throughout the tenure
|
Eligibility
|
Based on value of securities, not income or credit score
|
Strong credit score and income proof required
|
Unlock Rs. 25 lakhs at a lower cost by pledging your shares, mutual funds, or bonds. Apply for a Loan Against Securities today and keep your investments working for you.
How to apply for a Rs. 25 lakh loan?
Applying for a Rs. 25 lakh loan is a simple process that can be completed online or in person, depending on your preference. Here’s how it works:
- Choose the right loan type – Begin by comparing options such as ESOP financing, loans against bonds, or loans against shares. Consider interest rates, tenure, and repayment flexibility to select what suits your needs best.
- Check your eligibility – Review the lender’s basic requirements, which may include minimum age, credit score, and asset type. Meeting these criteria increases your chances of quick approval.
- Gather the necessary documents – Keep your identity proof, address proof, income statements, and investment-related documents handy to speed up the application.
- Apply online or offline – Fill in the loan application form and submit your documents either through the lender’s website for convenience or by visiting a nearby branch.
- Undergo verification – The lender will review your documents, evaluate your credit profile, and assess the current value of the securities or assets you are pledging.
- Approval and fund disbursement – Once approved, you will receive the loan agreement for signing. The funds are typically credited to your account within a few working days, allowing you to access them quickly for your needs.
Benefits of Rs. 25 lakh loans against investments
Here is why many people prefer pledging investments over taking an unsecured loan:
- Retain ownership: Keep earning returns on your investments while they serve as security.
- Lower interest rates: Secured loans usually come with better rates than unsecured loans.
- Quick processing: Asset-backed loans are often approved faster.
- No usage restrictions: Use the money for business, personal needs, or investments.
- Higher borrowing limit: Large loan amounts available, depending on asset value.
- Loan-to-Value (LTV): Borrow 50%–90% of your investment’s value.
Turn your portfolio into instant capital, keep your investments working while your funds work for you. Apply now
Conclusion
A Rs. 25 lakh loan can be secured through a variety of products, each offering unique advantages. If you have investments, a secured loan can mean lower interest, faster approval, and the freedom to use your funds as you wish. Before applying, compare loan options, check your eligibility, and choose a repayment plan that fits your financial comfort. By making an informed choice, you can fund your needs without selling your valuable assets.
Turn your investments into instant liquidity with a loan against securities without selling your assets. Apply now
