Loan against shares
Avail Loan Against Shares up to
₹ Crore

Your Loan against Shares with us

Check details and make payments for your loan against mutual funds with us

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Loan Against Shares

Loan of up to 50% of portfolio value | 1100+ approved shares | No selling of shares
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Trusted by 3 lakh+ customers

Loan Against Shares
Loan of up to 50% of portfolio value | 1100+ approved shares | No selling of shares
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24-hour disbursal

Your bank account will be credited with your loan amount within 24 hours,or in some cases, on the same day of approval

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Pre-assigned loan limit

Benefit from a pre-assigned loan limit customised to match the value of your pledged funds and the credit profile.

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Draw only what you need

Enjoy the freedom to withdraw and repay funds as per your specific needs.

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Swap pledged shares instantly

Instantly swap your pledged shares for greater flexibility and control over your investments.

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All third party DP shares acceptable

Accepting all third-party DP shares, expanding your options for collateral when seeking a loan

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24-hour disbursal

Your bank account will be credited with your loan amount within 24 hours,or in some cases, on the same day of approval

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Pre-assigned loan limit

Benefit from a pre-assigned loan limit customised to match the value of your pledged funds and the credit profile.

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Draw only what you need

Enjoy the freedom to withdraw and repay funds as per your specific needs.

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Swap pledged shares instantly

Instantly swap your pledged shares for greater flexibility and control over your investments.

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All third party DP shares acceptable

Accepting all third-party DP shares, expanding your options for collateral when seeking a loan

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Loan against Shares EMI Calculator

Loan against Shares EMI Calculator

Plan your instalments better

Features and benefits of our Loan Against Shares

  • Pre-assigned loan limit

    Get a pre-assigned loan limit of up to ₹1,000 Cr with just 3 documents on your Loan Against Shares.

  • 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.

  • Tenure of up to 36 months

    Convenient tenure and repayment options starting from 7 days up to 36 months.

  • Continue earning your dividends

    You keep earning dividends on your pledged shares while availing loan against shares.

  • 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.

  • All third-party DP shares are acceptable

    All companies or DPs (Depository participants) DEMAT accounts are acceptable with us for a loan against shares.

  • 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.

  • Swap pledged shares when required

    You have the flexibility to swap the pledged shares for loan at any point of time during the tenure of your loan against shares.

  • Dedicated customer portal (My Account)

    Download your loan statement, release share, and manage your loan online with our customer portal – My Account.

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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/ driving license/ Letter of National Population Register/ NREGA job card
  • 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, charges, and interest rates for loan against shares

Types of fees

Charges applicable

Interest rate

8% to 15% 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

I am looking to apply for a loan against shares. How do I avail it from Bajaj Finance Limited?

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.

Which shares are accepted under a loan against shares?

You can avail of a loan against shares against 1000+ shares. Click here to view the approved list of shares.

What is the loan-to-value offered against the shares provided?

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.

Whom can I contact in case I need any assistance? 

For any assistance with regard to a loan against shares, you can write to us at las.support@bajajfinserv.in.

Is it possible to make a part prepayment/ foreclosure before the end of the loan tenure?

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.

Can I swap/change shares during my loan tenure?

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).

Where can I view the list of shares that are pledged to BFL for availing loan against shares facility?

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.

I need more funds against the shares already pledged. How can I raise a request for additional disbursement?

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.

How frequently does the price of my shares get updated in the Bajaj Finserv app / BFL portal?

For valuation, the price of your shares is updated in the Bajaj Finserv app / BFL portal every 5 minutes.

What is the interest payment cycle for a loan against shares?

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.

When will I receive the funds after applying for a loan against 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.

What happens when the price of my shares falls?

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.

How can I make good the shortfall?

You can repay the shortfall or pledge more shares to make the shortfall good.

What if I am unable to fulfil the shortfall within 7 business days?

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.

When can I release my shares?

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.

What are the minimum and maximum required age for availing a loan against shares?

To avail a loan against shares, an individual should be between 18 to 90 years of age.

What is the maximum limit of loan against shares?

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*.