Rs. 9 lakh Loan

Need a lump sum urgently, but don’t want to break your mutual funds, shares, or insurance policies? Maybe you’re facing a sudden medical need, paying for your child’s tuition, or managing a personal or business emergency. With a Rs. 9 lakh loan against securities, you can access fast funds without having to sell your long-term investments.

Let’s understand how it works and how you can get started in just a few steps.

Did you know? You can raise up to Rs. 9 lakhs by pledging your existing mutual funds, shares, insurance policies, ESOPs, or bonds without withdrawing or selling them.

What is a loan against securities?

A secured loan where you pledge your investments like mutual funds or shares instead of selling them for quick money.

• Borrow without selling your assets: Use your investments as collateral while they continue to earn returns.
• Works for multiple securities: Mutual funds, shares, insurance policies, ESOPs, and bonds are all accepted.
• Stay invested, stay protected: No loss of ownership or interruption in long-term goals.
• Lower risk, quicker approval: Because it’s backed by collateral, approvals are simpler and faster.
• Use funds for any purpose: Education, emergencies, business needs there are no restrictions.

Your investments can give you liquidity without being sold. Apply for a loan against securities

Why not opt for unsecured loans?

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

What is Loan to Value (LTV) and why it matters?

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.

When should you consider a Rs. 9 lakh loan against securities?

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

5 ways to get a Rs. 9 lakh loan

Loan product	Interest rate (p.a.)	Tenure
Loan against mutual funds	8–15%	Up to 36 months
Loan against shares	8–15%	Up to 36 months
Loan against insurance	Up to 24%	Up to 96 months
ESOP financing	Up to 15%	Up to 36 months
Loan against bonds	8–15%	Up to 36 months

Eligibility criteria for a Rs. 9 lakh loan

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: You must be at least 18 years old at the time of application. Some lenders may set the upper limit at around 90 years, depending on the product type.
• Nationality: Only Indian residents are eligible to apply for a LAS with most financial institutions.
• Investment ownership: You should hold the securities—mutual funds, shares, bonds, or insurance policies in your own name. Joint holders may need NOCs or specific declarations.
• Employment status: Salaried professionals, self-employed individuals, and business owners are all eligible. However, income proof is often not mandatory, especially for larger, high-quality portfolios.
• Portfolio value: Your pledged investment portfolio should meet the lender’s minimum requirement. In most cases, you’re eligible for loans starting from Rs. 50,000 in portfolio value though higher amounts like Rs. 9 lakhs would typically need a proportional investment value, depending on the LTV.

Tip: Some lenders may allow NRIs to apply for LAS products under specific guidelines, especially for loans against mutual funds or insurance.

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

Documents required

The documentation for a Rs. 9 lakh loan against securities is minimal, especially when compared to traditional loans. In many cases, it’s 100% digital and can be submitted online. Here’s what you will typically need:

• PAN card: Used for identity verification and tax compliance. This is a mandatory document across all loan products.
• Address proof: You can provide your Aadhaar card, voter ID, passport, driving license, NREGA Job Card, Letter issued by National Population Register. To validate your current and permanent residence you can also provide utility bills not more than two months old.
• Passport-size photograph: Most lenders ask for a recent photo for the loan application records.
• Proof of security ownership: Depending on the security type, this could be:
• Demat holding statement (for shares)
• Mutual fund account statement or CAMS report
• Insurance bond or ULIP policy document
• Bond certificate or digital bond holding statement
• Bank details: A cancelled cheque or bank statement to ensure the disbursal reaches the correct account.

If you are pledging life insurance or ULIP policies, some lenders may ask for an assignment form or lien agreement from the insurance provider.

How to apply for a Rs. 9 lakh loan?

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:

Visit the LAS portal: Head to the official website of the lender and navigate to the Loan Against Securities section.

Choose your investment type: Whether it's mutual funds, shares, insurance policies, or ESOPs, select the asset you wish to pledge.

Start your application: Enter your name, PAN number, date of birth, mobile number, and email ID to begin the process.

Upload KYC documents: Submit scanned or digital copies of your PAN card, Aadhaar, photo, and investment statements.

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.

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.

Tip: In some cases, if your securities are already verified through NSDL/CAMS, approval time may be as short as a few hours.

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

Benefits of Rs. 9 lakh loan against investments

Choosing a Rs. 9 lakh loan against securities gives you a number of practical and financial advantages:

• No need to redeem investments: Your shares, MFs, or insurance continue to earn returns and grow, even while being pledged.
• Lower interest rates: Compared to unsecured loans, LAS typically offers interest starting from 8% p.a., saving you money.
• Fast disbursal: With digital processing, you can get funds in 24–48 hours after approval.
• No income documents required: In most cases, you won’t need salary slips or IT returns. Your investments are enough.
• Flexible end-use: Whether it’s education, emergency, wedding, home repair, or business it’s your call.
• Customised credit limits: You can increase your limit as your portfolio grows over time.

Conclusion

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