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Loan Against Shares Eligibility

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Eligibility Criteria

In order to apply for a Loan Against Shares, you must meet the following eligibility criteria:

  • You must be a resident citizen of India

  • You must be at least 21 years of age

  • You must be a salaried or self-employed professional with a regular source of income

  • The minimum value of your securities should be Rs. 10 lakh

Documents Required for Loan Against Shares

To apply for a Loan Against Securities, we need the following documents:-

  • loan against property eligibility

    One recent Photograph (passport size)

  • PAN or Form 60 if PAN is not allotted

  • Certified Copy

    Certified Copy - of one of the Officially Valid Documents (OVDs) listed below:

    • Passport
    • Driving License
    • Voter’s Identity Card issued by Election Commission of India
    • Job Card issued by NREGA duly signed by an officer of the State Government
    • Letter issued by the National Population Register containing details of name, address of the customer having photograph of the card holder
    • Proof of possession of Aadhaar Number (Aadhaar letter, Aadhaar letter downloaded from UIDAI website, (e-Aadhaar) Aadhaar card, Aadhar secure QR code, Aadhaar paperless offline KYC (a XML document generated by the UIDAI)

  • Document proof of Securities

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