Eligibility parameters and documents for loan against shares
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Nationality
Indian residents are eligible to apply for a loan against shares at Bajaj Finance Limited.
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Age criteria
An individual should be at least 21 years old to be eligible to apply for a loan against shares.
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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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Individual customers should be salaried, self-employed with a regular source of income and have a minimum security value of Rs. 10 lakh.
Minimum security value
To apply for a loan against shares at Bajaj Finance Limited, you need to be at least 21 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. 10 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. 10 crore against your shares at interest rates between 9.50% to 12% per annum. Your interest rate value is decided upon your security value and the loan tenor chosen.
Frequently asked questions
To apply for a loan against shares at Bajaj Finance, one needs to submit the following documents:
- Copy of PAN card, driving license, Aadhar card as identity proof
- Aadhar card copy for address proof
- Document proof of securities
- Passport size photograph
To apply for a loan against shares with Bajaj Finance Limited, an individual should be an Indian citizen and at least 21 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. 10 lakh.
Depending on your security value, you can get a minimum loan amount of Rs. 15 lakh and a maximum loan amount of Rs. 10 crore.
Applying for a loan against shares 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 send an SMS typing ‘SOL’ to 9773633633 or give a missed call on 9211175555.