Your Loan against Shares with us
Check details and make payments for your loan against mutual funds with us
Take control of unforeseen circumstances by leveraging your shares.
Unlock the potential of your investments to secure a loan against shares of up to ₹1,000 Cr with minimal documentation. Enjoy the convenience of a pre-approved credit limit, allowing you to borrow as per your need and pay interest only on the amount utilised.
Loan against Shares EMI Calculator
Plan your instalments betterFeatures and benefits of our Loan Against Shares
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Pre-assigned loan limit
Get a pre-assigned loan limit of up to ₹1,000 Cr with just 3 documents.
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1000+ approved shares
With our comprehensive list of 1000+ shares, you can avail a loan against shares of up to 50% of your share value. Check the approved list of shares.
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Tenure of up to 36 months
Convenient tenure and repayment options starting from 7 days up to 36 months.
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Continue earning your dividends
You keep earning dividends on your shares while availing loan against shares.
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Only pay interest on the loan amount utilised
Pay interest only on the amount you've withdrawn and for the period utilised. You need not pay EMIs on the total approved loan amount.
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All third-party DP shares are acceptable
All companies or DPs (Depository participants) DEMAT accounts are acceptable with us for a loan against shares.
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Extra credit for increased share value
If the value of your share appreciates during the loan tenure, the pre-assigned loan limit will increase accordingly. Conversely, a decrease in share value will proportionally reduce the pre-assigned loan limit. This adjustment ensures that the “Sanction limit” remains unbreached.
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Swap pledged shares when required
You have the flexibility to swap the pledged shares at any point of time during the tenure of your loan against shares.
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Dedicated customer portal (My Account)
Download your loan statement, release share, and manage your loan online with our customer portal – My Account.
Eligibility criteria and required documents for Loan Against Shares
Anyone can apply for our loan against shares online, as long as they meet the four basic criteria mentioned below. Also keep a few documents handy while applying for loan against shares.
Eligibility criteria
- Nationality: Indian
- Age: 18 to 90 years
- Employment: Salaried, self-employed
- Portfolio value: Minimum Rs. 50,000
Documents required
- KYC documents: Aadhaar/ passport/ voter’s ID
- PAN card
- DEMAT holding statement
Corporates/ HUF/ LLP/ Partnership/ Trust/ Sole Proprietorship can apply for loan against shares of up to ₹1,000 Cr, by reaching us at las.support@bajajfinserv.in.
Applicable fees and charges
Types of fees |
Charges applicable |
Interest rate |
Up to 20% per annum |
Processing fee |
Up to 4.72% of the loan amount (inclusive of applicable taxes) |
Prepayment charges |
Full prepayment - Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment. Part-prepayment – Up to 4.72% (inclusive of applicable taxes) of the principal amount of loan prepaid on the date of such part-prepayment |
Annual maintenance charges |
Up to 1.18% (inclusive of applicable taxes) on the sanctioned amount |
Bounce charges |
Rs. 1,200/- per bounce “Bounce charges” shall mean charges for (i) dishonour of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate or any other reason. |
Penal charge |
Delay in payment of instalment (as per payment frequency mentioned in the Sanction Letter) shall attract penal charges as more particularly described in Annexure I from the respective due date until the date of receipt of instalment (as per payment frequency mentioned in the Sanction Letter)/principal/overdue amount. To view Annexure I, kindly click here. |
Stamp duty (as per respective state) |
Payable as per state laws |
Brokerage charges* |
As applicable at actuals |
DP charges** |
As applicable at actuals |
Pledge confirmation charges** |
As applicable at actuals |
Pledge invocation charges** |
As applicable at actuals |
Demat share transfer charges (post invocation)** |
As applicable at actuals |
Legal charges |
Recovery of charges |
*Charges levied by Broker to BFL and the same is being passed on to the clients.
**Charges levied by NSDL/CDSL to BFL and the same is being passed on to the clients.
How to apply for a Loan Against Shares
Step-by-step guide to apply for loan against shares
Step 1: Click on 'Apply'.
Step 2: Enter your personal details such as name, PAN, DOB, etc.
Step 3: Provide your email address and verify it.
Step 4: Add the scrips against which you wish to avail a loan.
Step 5: We will evaluate your portfolio and generate a personalised loan offer.
Step 6: Complete the KYC verification process for generating the sanction letter.
Step 7: Register the E-mandate to set up automatic repayment of your EMIs.
Step 8: Accept the agreement and provide your consent for loan sanction and disbursement.
Step 9: Pledge your shares to determine the final loan amount.
Step 10: Upon verification, the loan amount will be credited to your bank account.
Get started with your loan against shares today and enjoy the benefits of leveraging your investments while continuing to earn from them.
Frequently asked questions
The loan against shares facility available through the Bajaj Finance Limited app/web is only applicable for salaried and self-employed customers.
We also provide loans against shares up to ₹1,000 Cr to Corporates/HUF/LLP/Partnership/Trust/Sole Proprietorship. For this, you can reach us at las.support@bajajfinserv.in.
The actual amounts sanctioned would depend upon the credit profile of the applicants, the value of shares pledged etc., at the sole discretion of Bajaj Finance Limited.
You can avail of a loan against shares against 1000+ shares. Click here to view the approved list of shares.
The loan-to-value currently offered against shares are up to 50% of share value.
Please note that the above are subject to change depending upon the applicable regulations and internal policies of BFL.
For sanctioning loans against shares, we have an approved list of 1000+ shares, which may be accepted. The list of approved shares may be modified by BFL from time to time as per the internal policies and procedures of BFL.
For any assistance with regard to a loan against shares, you can write to us at las.support@bajajfinserv.in.
Yes, it is possible. You may make a part-prepayment or foreclose the entire loan before the end of the tenure. Bajaj levies Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment. and up to 4.72% (inclusive of applicable taxes) of the principal amount of loan prepaid on the date of such part-prepayment.
Yes, you can swap/change the shares during the tenure of the loan. Swapping would be allowed within the approved shares list of Bajaj Finance Limited (BFL).
You can view the list of shares pledged by you to BFL by viewing the IVR (Interim Valuation Report) available under view statements in the Loan against securities service section.
To raise a request for additional disbursement, please choose the 'Disbursement Request’ option in the Loan against shares service section available under the ‘My Relations’ tab.
Please note that it is subject to LTV being continued to be maintained with respect to the shares pledged and principal outstanding.
For valuation, the price of your shares is updated in the Bajaj Finserv app / BFL portal every 5 minutes.
Interest on a loan against shares facility is payable monthly.
No. The interest is charged only on the loan amount that you have drawn down or the outstanding loan amount.
The interest cycle is calculated from the 7th day of each calendar month to the 6th day of the succeeding month. Interest due towards a loan against shares is generated on the 7th of every month.
Loan-to-value ratio or LTV is the ratio of the loan amount outstanding to the value of pledged shares. 50% LTV is always required to be maintained for loan against shares facility. LTV is subject to changes in regulations. Any shortfall in the maintenance of the 50% LTV occurring on account of movement in the share prices shall be made good within 7 business days.
Below are the steps to pledge shares:
You can pledge your shares either online or offline. Below are the steps for the same:
Step 1: Reach out to your existing broker for your holding statement.
Step 2: Request a pledge creation form from your Depository Participant basis the depository (NSDL/ CDSL).
Step 3: Fill out the form using the below pledgee details:
Pledgee name: Bajaj Finance Limited
Pledgee DP details: Fill in the details of the Depository Participant account where you maintain your account (either CDSL or NSDL).
Depository |
DP ID |
Client ID |
CDSL |
12088600 |
61 |
NSDL |
IN304300 |
10000061 |
Step 4: Submit the form to your existing broker with the details.
Step 5: Once the shares are pledged, the loan will be disbursed.
The final loan amount shall be calculated on basis of the effective pledge marked on the shares and the price of the shares.
Post successful execution of the agreement and additional documents as required by BFL, and creation of pledge of shares, the loan amount will be disbursed to your registered bank account within minimal time.
50% LTV is always required to be maintained for loan against shares facility. LTV is subject to changes on account of regulatory changes. Any shortfall in the maintenance of the 50% LTV occurring on account of movement in the share prices shall be made good within 7 business days.
Further, in case the LTV falls more than 85% then BFL will go ahead with the liquidation of shares with an intimation to the borrower.
You can repay the shortfall or pledge more shares to make the shortfall good.
In case you fail to fulfil the shortfall within 7 business days, Bajaj Finance Limited holds the right to sell the pledged shares to make good the shortfall.
You can release shares, provided you are not in shortfall and have excess withdrawable funds available. The request will be processed within minimal time post-verification.
To avail a loan against shares, an individual should be between 18 to 90 years of age.
The maximum limit for a loan against shares from Bajaj Finance Limited is up to ₹1,000 Cr.
This limit is indicative and may vary based on factors such as the type of shares pledged, the market value of the shares, etc.
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Disclaimer
Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.