How to apply for Loan Against Bonds

Apply online in just a few easy steps to get our loan against bonds.

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How to avail Loan Against Bonds

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Step-by-step guide to avail loan against bonds

Step 1: Click on ‘Apply’ to initiate your application.
Step 2: Enter your mobile number to Sign in and click ‘GET OTP’.
Step 3: Enter the OTP sent to your mobile number. On successful verification, you will be redirected to our online application form.
Step 4: Enter basic details like: Full name, Email ID, mobile number and city of residence.
Step 5: Under ‘Type of Security’ select ‘Bonds’.
Step 6: Enter the total portfolio value of your bonds and click on ‘Submit’.

Once you have shown your interest in availing of the loan and submitted your details, our representative will get in touch with your further proceedings. The final loan amount shall be calculated basis the effective pledge marked on the bonds and the price of the bonds.
Disbursement shall be done post successfully verification, and pledging.

Frequently asked questions 

How can I get a loan against bonds?

If you have a minimum of Rs. 50,000 bonds in your demat account, you can apply for a loan against bonds with Bajaj Finance. Against the bonds you can get loan amount ranging from Rs. 25,000 to Rs. 5 crore.

How can I apply for loan against bonds?

You can apply for loan against bonds by clicking on the ‘Apply’ button on this page. Fill in your personal details, and the value of your bonds. Accordingly verify your details through an OTP.
Corporates/HUF/LLP/Partnership can apply for loan against bonds of up to Rs. 1000 crore, by reaching us at las.support@bajajfinserv.in

How does loan against bonds work?

A loan against bonds (LAB) is a type of loan where the customer pledges their bonds as collateral to obtain a loan from Bajaj Finance. The process of obtaining a loan against bonds typically involves the following steps:
a. Evaluation of bonds: The lender will evaluate the bonds that the borrower wants to pledge as collateral. The lender will consider the value of the bonds, the market conditions, and the risks involved.
b. Loan amount: Based on the evaluation of the bonds, Bajaj Finance will determine the maximum loan amount that can be provided. Bajaj Finance offers loan up to 60% of the market value of the bonds.
c. Loan terms: The borrower and Bajaj will agree on the terms of the loan, including the interest rate, repayment period, and any other conditions.
d. Pledge of bonds: The borrower will pledge the bonds as collateral with Bajaj Finance, corresponding to which the loan amount will be disbursed to the borrower.
e. Repayment: The borrower must repay the loan amount along with the interest within the agreed-upon period. If the borrower fails to repay the loan, Bajaj has the right to sell the pledged bonds to recover the loan amount.
In summary, a loan against bonds provides a way for borrowers to access funds while still retaining ownership of their securities

Disclaimer:

Investments in the securities market are subject to market risk, read all related documents carefully before investing.

Reg Office: Bajaj Auto Limited Complex, Mumbai –Pune Road Akurdi Pune 411035. Corp. Office: Bajaj Financial Securities Ltd., 1st Floor, Mantri IT Park, Tower B, Unit No 9, Viman Nagar, Pune, Maharashtra 411014. SEBI Registration No.: INZ000218931 | BSE Cash/F&O (Member ID: 6706) | NSE Cash/F&O (Member ID: 90177) | DP registration No: IN-DP-418-2019 | CDSL DP No.: 12088600 | NSDL DP No. IN304300 | AMFI Registration No.: ARN – 163403. Website: https://www.bajajfinservsecurities.in/