A Rs. 60 lakh loan can help finance major expenses such as purchasing a home, expanding a business, or meeting other high-value financial needs. Interest rates generally start from 7.10% per annum, although the final rate depends on factors such as your credit profile, income, lender policies, and loan type. EMI amounts vary based on the chosen repayment tenure.
For example, the EMI may be around Rs. 41,748 for a 30-year tenure and approximately Rs. 71,065 for a 10-year tenure. To qualify, applicants typically need a credit score of 750 or above, a stable source of income, and should generally be between 18 and 60 years of age.
Your investments have value beyond returns. Why part with them when you can borrow against them? Get a Rs. 60 lakh loan while keeping your portfolio intact. Apply now
Why choose a loan against securities for a Rs. 60 lakh loan?
When the funding requirement is high, the cost of borrowing becomes just as important as the speed. This is where Loan Against Securities (LAS) comes in. Whether you hold shares, mutual funds, bonds, or insurance policies, these can serve as collateral to access a sizeable loan, often within 24–48 hours*.
What makes it ideal?
- Low interest rates: Starting as low as 8% per annum
- No liquidation needed: Your assets remain invested
- Quick processing: Paperless approvals and minimal documentation
- Flexible tenure: Up to 96 months, depending on the asset type
- High Loan-to-Value (LTV): Up to 90% of your asset value (depending on the asset type).
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Who should consider a Rs. 60 lakh loan against securities?
A loan of this size typically suits:
- Business owners looking to scale operations
- Professionals funding a large personal or family goal
- Individuals with high-value assets but a temporary liquidity crunch
- HNIs seeking strategic funding without eroding portfolios
Did you know? Borrowing against securities does not interrupt your capital gains or dividends. You continue to earn even while your investments are pledged.
Interest rates for different LAS variants
Here is a look at the typical interest rates and tenures for various types of LAS:
| Loan variant | Interest rate | Tenure | Ideal for |
|---|---|---|---|
| Loan against shares | 8% – 15% p.a. | Up to 36 months | Short-term needs |
| Loan against mutual funds | 8% – 15% p.a. | Up to 36 months | Mid-sized loans |
| Loan against insurance policies | Up to 24% p.a. (Simple or compound interest based on policy type) | Up to 96 months | High-ticket, long-tenure loans |
Note: These rates may vary based on the lender, and asset value.
What makes LAS so effective for large loan amounts?
Unlike unsecured loans, LAS does not base your eligibility only on income or credit score. It factors in the strength of your portfolio, which gives you more borrowing power if you’ve built your investments well. With the Loan-to-Value (LTV) ratio going as high as 90% for certain securities, your existing investments can easily fetch you Rs. 60 lakh or more, without selling even a unit.
