Features of loan against securities

  • High loan value

    High loan value

    Get a loan against your securities up to Rs. 700 crore (Customers can get up to Rs. 50 lakh online, whereas Rs. 700 crore is the maximum loan amount Bajaj Finance Ltd offers offline, subject to eligibility and BFL board approval for an amount above Rs. 350 crore)

  • Relationship manager

    Relationship manager

    A dedicated relationship manager will assist you 24x7 with all your requests.

  • Nil part payment/ foreclosure charges

    Nil part payment/ foreclosure charges

    Make repayment of the loan with nil part payment or foreclosure charges as per your convenience.

  • Online account access

    Online account access

    Manage your loan account from anywhere with our customer portal – My Account.

  • Easy documentation

    Easy documentation

    Minimum financial documents are required to avail of a loan against securities.

  • Wide list of approved securities

    Wide list of approved securities

    Avail of collateral for a loan through shares, mutual funds, Fixed Maturity Plans (FMPs), Employee Stock Ownership Plans (ESOPs), Initial Public Offerings (IPOs), Unit Linked Insurance policies and bonds.

Bajaj Finance Limited (BFL) offers instant secured financing of up to Rs. 700 crore (Customers can get up to Rs. 50 lakh online, whereas Rs. 700 crore is the maximum loan amount Bajaj Finance Ltd offers offline, subject to eligibility and BFL board approval for an amount above Rs. 350 crore). You can get a loan against your securities, mutual funds, insurance, or bonds, stocks, shares (equity shares and Demat shares and more) for all your financial needs.

With our easy online application process and a dedicated relationship manager to assist, you can get funds without liquidating your assets hassle-free. Get a loan against securities with Bajaj Finance and meet your financial needs instantly.

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Eligibility criteria and documents for loan against securities

  • Documents required

    Documents required

    Individual customers must submit their identity proof, address proof, document proof of securities and latest passport size photograph.

  • Income source

    Income source

    Individual customers should be salaried, self-employed with a regular source of income and have a minimum security value of Rs. 4 lakh.

  • Indian resident

    Indian resident

    The individual should be at least 18 years old.

How to apply for a loan against securities

Here is a detailed guide on applying for a loan against securities at Bajaj Finance

  1. 1 Click on 'Apply Online' to visit our easy online form
  2. 2 Enter your basic details like name, phone number, city, e-mail ID
  3. 3 Select your total portfolio value, types of securities on the form
  4. 4 You will receive a confirmation on e-mail and SMS about the status of your application
  5. 5 Our representative will contact you for submission of required documents and take the process further

Upon successful verification of your documents, you will receive the loan amount in your bank account, along with the login details of your online loan account.

Applying for a loan against securities at Bajaj Finance is very easy. Simply visit the Bajaj Finance online loan against securities form, where you need to fill in your personal, total portfolio value and types of securities details. You can submit the required documents to our representative, and you will receive the acknowledgment online.

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Loan against securities interest rates, fees and charges

Types of fees

Charges applicable

Interest rate

Up to 15% p.a.

Processing fees

Rs. 1,000 + applicable taxes

Interest and principal statement charges

NIL

Foreclosure charges

NIL

Pre-payment charges

NIL

Bounce charges

Rs. 1,200 per bounce (inclusive of applicable taxes)

Penal interest

2% per month

 

*Applicable only for online application of loan against securities.

Mandate rejection service charge: Rs. 450 (inclusive of applicable taxes) charges will be levied if the new mandate form is not registered within 30 days from the date of rejection of the previous mandate form by the customer’s bank for any reason.

Frequently asked questions

How much loan can I get against my securities?

With Bajaj Finance, you can avail of loan against securities up to Rs. 700 crore (Customers can get up to Rs. 50 lakh online, whereas Rs. 700 crore is the maximum loan amount Bajaj Finserv offers offline, subject to eligibility and BFL board approval for an amount above Rs. 350 crore) depending on the security value.

What is the interest rate on loan against securities?

The interest rate differs from lender to lender. At Bajaj Finance Limited, you can avail of loan against securities up to Rs. 700 crore (Customers can get up to Rs. 50 lakh online, whereas Rs. 700 crore is the maximum loan amount Bajaj Finserv offers offline, subject to eligibility and BFL board approval for an amount above Rs. 350 crore) at an interest rate up to 15% p.a. depending on the loan amount and the tenor chosen.

What is the minimum and maximum loan amounts for a loan against securities?

Depending on your security value, you can get a minimum loan amount of Rs. 2 lakh and a maximum loan amount of Rs. 700 crore (Customers can get up to Rs. 50 lakh online, whereas Rs. 700 crore is the maximum loan amount Bajaj Finserv offers offline, subject to eligibility and BFL board approval for an amount above Rs. 350 crore).

Where can I apply for a loan against securities?

With Bajaj Finance Limited, you can apply for a loan against your securities, mutual funds, insurance, or bonds, stocks, shares like equity shares, and Demat shares and more for all your financial needs. You can also apply for the loan online with a hassle-free process.

What are the benefits of taking a loan against securities from Bajaj Finance?

With an easy and convenient online process, you can get a loan up to Rs. 700 crore (Customers can get up to Rs. 50 lakh online, whereas Rs. 700 crore is the maximum loan amount Bajaj Finserv offers offline, subject to eligibility and BFL board approval for an amount above Rs. 350 crore) depending on your security value at Bajaj Finance. You need minimum financial documents to avail of a loan against securities, mutual funds, fixed maturity plans, equity shares or Demat shares with us.

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