Eligibility parameters and documents for loan against Securities
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Nationality
Indian residents are eligible to apply for a loan against securities at Bajaj Finance Limited.
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Age criteria
An individual should be at least 18 years old to be eligible to apply for a loan against securities.
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Individual customers are required to submit their identity proof, address proof, document proof of securities and latest passport size photograph.
Documents required
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Minimum security value
Individual customers should be salaried, self-employed with a regular source of income and have a minimum security value of Rs. 4 lakh.
To apply for a loan against securities at Bajaj Finance Limited, you need to be at least 18 years of age and a resident of India. You should have a regular source of income, and your security value should be a minimum of Rs. 4 lakh to be eligible to apply for the loan.
You can instantly apply for a loan online by filling in your basic details and submitting the required financial documents. You can get 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) against your shares at interest rates up to 15% p.a. Your interest rate value is decided upon your security value and the loan tenor chosen.
Frequently asked questions
To apply for loan against securities at Bajaj Finance Ltd, one needs to submit the following documents:
- Copy of PAN Card
- Any one of the given address proofs: Valid Passport, Voter ID card, Valid Driving License, NREGA Job Card, National Population Register Letter, Proof of Possession of Aadhaar Number (i.e. Aadhaar letter/Aadhaar Card)
- Document proof of securities
- Passport size photograph
- Bank proof
To apply for a loan against securities with Bajaj Finance Limited, an individual should be an Indian citizen and at least 18 years old. They should be a salaried or self-employed professional with a regular source of income and a security value of a minimum of Rs. 4 lakh.
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).
Applying for a loan against securities at Bajaj Finance Limited is very easy. You can easily visit our online application form and apply right away. You can fill the online application form and apply for the loan instantly. You can also reach out to us on Las.support@bajajfinserv.in & team shall assist you within 24 working hours.