Rs. 9 lakh Loan Against Securities

Unsecured loans have higher interest rates and stricter eligibility. LAS offers better terms with fewer documents and faster approval.

• High interest rates: Unsecured loans often charge between 12–18% annually.
• Strict checks: Banks usually ask for salary slips, credit score, and IT returns.
• Fixed EMI burden: Fixed payments can feel heavy if your cash flow is irregular.
• More documentation: Unsecured loans usually require more paperwork and longer verification.
• Prepayment charges: Many unsecured loans penalize early repayment.

A secured loan lets you borrow more affordably with fewer formalities. Know your LAS benefits

LTV is the percentage of your investment’s value you can borrow. It affects how much loan you will get.

• It defines your loan amount: If your MFs are worth Rs. 12 lakhs, you can borrow up to 90% (Rs. 9 lakh).
• LTV varies by asset: Shares – 50%, MFs – up to 90%, Insurance – up to 90%.
• Safer for all: Prevents over-lending in case of market fluctuations.
• Know your worth: Understanding LTV helps set real expectations.
• Adjusts with the market: Your loan eligibility may increase or decrease based on investment performance.

Ideal for urgent personal, business, or medical needs without breaking long-term investments or disturbing your portfolio.

• Pay for medical emergencies: Raise instant funds without breaking your insurance.
• Meet education expenses: Don’t liquidate your SIPs let them keep compounding.
• Small business needs: Use for working capital, vendor payments, or small upgrades.
• Manage home repair or weddings: Keep your savings intact while meeting immediate needs.
• Avoid redemption losses: Borrow instead of exiting at a low NAV or stock price.

Short-term need? Long-term investments? You don’t have to choose. Explore LAS now

Getting a Rs. 9 lakh loan against securities is more straightforward than most other loan types. Since you're pledging your existing financial assets as collateral, your eligibility is primarily determined by the value and type of those investments. Here’s what you need to qualify:

• Age: Minimum 21 years; upper limit may extend up to 90 years (depending on lender).
• Nationality: Only Indian residents are eligible.
• Investment ownership: Securities (mutual funds, shares, bonds, or insurance policies) must be held in your name. Joint holders may require NOCs or declarations.
• Employment status: Open to salaried, self-employed, and business owners. Income proof usually not mandatory for strong portfolios.
• Portfolio value: Must meet the lender’s minimum portfolio value requirement. Typically starts from Rs. 50,000; Rs. 9 lakh loans need proportionate investment value based on LTV.

You don’t need a high salary or perfect credit score. If you own investments, you can avail a loan against securities. Apply now
 

The documents required for loan against securities are minimal and mostly digital, with PAN being mandatory and investment proof required to verify the pledged assets with Bajaj Finance.

Documents can generally be submitted 100% digitally, and investment proof is the primary document when applying for a 9 lakh loan against investments.

Getting a Rs. 9 lakh LAS is now easier than ever—most lenders offer a fully digital journey from application to disbursal.

Here’s a simple, step-by-step process to follow:

1. Visit the LAS portal: Head to the official website of the lender and navigate to the Loan Against Securities section.
2. Choose your investment type: Whether it's mutual funds, shares, insurance policies, or ESOPs, select the asset you wish to pledge.
3. Start your application: Enter your name, PAN number, date of birth, mobile number, and email ID to begin the process.
4. Upload KYC documents: Submit scanned or digital copies of your PAN card, Aadhaar, photo, and investment statements.
5. Security verification and pledge creation:
   • For MFs, complete the NSDL e-sign or create a lien on your folio.
   • For shares, pledge your holdings via Demat account authorisation.
   • For insurance, submit the assignment documents.
6. Loan approval and disbursal: Once all documents are verified and your securities are successfully pledged, the loan is approved. Funds are usually disbursed within 24–48 hours.

Apply in minutes, access funds in hours it’s that quick. Apply now

A loan against securities is generally lower-risk than an unsecured loan because it is backed by collateral, but market-linked risks can still affect your pledged investments.

• Market risk and margin calls: If the pledged security value falls below the LTV threshold, a margin call may require additional collateral or partial repayment within 24–48 hours.
• Forced liquidation: Failing to meet a margin call may allow the lender to sell pledged securities, potentially disrupting long-term investment plans.
• Opportunity cost: You may be unable to sell pledged investments during the loan tenure, even if their value rises sharply.
• Insurance loan cost: Loans against insurance may carry interest rates of up to 24% p.a., increasing the overall borrowing cost.

To manage these risks, diversify your pledged portfolio and monitor the LTV regularly when borrowing through Bajaj Finance.

A Rs. 9 lakh loan against securities is a convenient and low-stress way to meet urgent financial needs. You don’t need to touch your savings or redeem long-term assets. Whether it’s a short-term gap or an opportunity you don’t want to miss, your investments can help you move forward.

Why withdraw when you can borrow smartly? Use your investments to fund your needs. Apply for a Rs. 9 lakh loan