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.

Your LAS account is managed digitally through the Bajaj Finserv platform. For physical statements or assistance, you can visit the nearest Bajaj Finserv branch.

No, only shares held in a demat account are eligible for a loan against shares. Physical share certificates are not accepted as collateral.

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.

The tenure of the loan is from 7 days to 36 months. Any renewal of the loan/facility shall be at the sole discretion of BFL.

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.

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.

Opening a loan against shares account through the Bajaj Finance platform with respect to individual borrowers and which is subject to successful KYC completion.

For easy and smooth onboarding, we recommend keeping the below documents handy:

- PAN card

- Proof of identity and address (Aadhaar, passport, driving licence, voter ID etc.)

- Demat holding statement

- Submit the form to your existing broker with the details.

- 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.

Interest is charged only on the amount you utilize, not the entire sanctioned limit. The interest cycle runs from the 7th of each month to the 6th of the next, with interest due on the 7th.

Yes, there may be charges associated with creating and closing a pledge on the securities. Additionally, annual maintenance charges might apply.