Get the physical statement for your loan against securities

When applying for a Loan Against Securities (LAS), one of the most crucial documents required is the Physical Statement. This statement serves as proof of your ownership of financial assets such as shares, mutual funds, bonds, or other marketable securities held in physical form. Unlike demat holdings that are electronically recorded, a Physical Statement includes all the relevant details of your paper-based investments—certificate numbers, folio numbers, the quantity of securities, and ownership information. Financial institutions use this document to assess the value and legitimacy of your assets before approving the loan. Providing an accurate and updated Physical Statement not only speeds up the verification process but also ensures that your pledged securities are correctly accounted for. Whether you're leveraging your portfolio for business needs or personal requirements, understanding the role and importance of a Physical Statement can significantly impact your loan processing experience and outcome.

What is a loan against securities statement?

A Loan Against Securities (LAS) Statement is a critical document that outlines the details of the financial assets pledged as collateral to secure a loan. When an individual applies for a Loan Against Securities—be it shares, mutual funds, bonds, government securities, or insurance policies—they essentially leverage their investments to access immediate funds without liquidating their holdings. The LAS Statement acts as a comprehensive summary of the pledged securities and is essential for both the borrower and the lending institution.

The statement typically includes important information such as the type of securities offered, their current market value, quantity, folio or certificate numbers, and the ownership details. It may also mention whether the securities are held in demat or physical form. In case of physical holdings, the Physical Statement forms a part of this overall documentation. It confirms that the borrower owns the assets and that they are eligible for pledge.

From a lender’s perspective, this statement helps assess the credibility and liquidity of the securities, enabling them to calculate the loan amount based on the value and risk associated with the pledged assets. Lenders usually offer a percentage of the total market value of securities—known as the loan-to-value (LTV) ratio. The LAS Statement thus becomes the foundation for determining this valuation.

For borrowers, the LAS Statement provides a transparent view of which assets are pledged and how much loan they can avail against them. It is also used for periodic review during the loan tenure to ensure that the value of the collateral remains sufficient to support the outstanding loan amount.

In summary, the Loan Against Securities Statement plays a vital role in facilitating a secured loan process. It ensures clarity, transparency, and accountability, making it a mandatory and valuable part of the documentation while availing a loan against one’s financial investments.

How to check and download a loan against securities statement online?

Checking and downloading your Loan Against Securities (LAS) Statement online is a convenient process that allows you to keep track of your pledged assets and loan details. Most financial institutions offer multiple channels to access your LAS statement. Here’s how you can do it:

Through email (registered mail)

Step 1: Ensure your email ID is registered with the financial institution where you availed the LAS.


Step 2: Most lenders send periodic LAS statements to the registered email ID automatically.


Step 3: Search your inbox for keywords like “Loan Against Securities Statement” or the lender's name.


Step 4: Download the PDF file attached to the email for your records.


Tip: If you haven’t received the statement, check your spam or junk folder.

Through customer support

Step 1: Call the customer care number of your bank or lending institution.


Step 2: Provide necessary verification details such as your loan account number, PAN, or registered mobile number.


Step 3: Request the executive to send your LAS statement via email or WhatsApp.


Step 4: Alternatively, ask for the steps to download the statement from the official website or mobile app.


Step 5: Some institutions may also allow you to request statements via SMS or IVR service.

General tip

Always ensure that the downloaded statement is from a verified and secure source.


Keep your LAS statements saved digitally and printed when needed for documentation or future reference.


These methods make it easy to access your LAS statement anytime, anywhere.

How to get a loan against securities statement offline?

If you prefer traditional methods, you can easily obtain your Loan Against Securities (LAS) Statement offline through two main options: visiting the branch or submitting a postal request. Here's a step-by-step guide to help you through the process:

Visit the branch

Step 1: Locate the nearest branch of the financial institution where you hold your Loan Against Securities account.


Step 2: Carry a valid photo ID proof (such as PAN card, Aadhaar, or Passport) and your loan account number.


Step 3: Visit the customer service or loan department counter.


Step 4: Submit a written request for your LAS statement. Some banks may provide a standard form for this.


Step 5: Upon verification, the bank official will print and hand over the LAS statement to you on the spot or ask you to collect it later.


Step 6: Make sure to check all details on the statement before leaving the branch.

Postal request

Step 1: Write a formal request letter addressed to the branch manager of your bank or lending institution.


Step 2: Mention your full name, loan account number, registered mobile number, and email ID (optional).


Step 3: Attach a self-attested copy of your identity proof for verification.


Step 4: Clearly request for a physical copy of your LAS statement to be sent to your registered address.


Step 5: Send the request via registered post or courier to ensure secure delivery.


Step 6: Follow up with the branch via phone call if you do not receive the statement within 7-10 business days.


Using either of these methods ensures you receive a valid and certified copy of your LAS statement for any documentation or personal records.

Why do you need a physical statement for a loan against securities?

A physical statement is a key document required when applying for a Loan Against Securities (LAS), especially when the investments being pledged are held in physical form rather than electronically in a demat account. This statement serves as official proof of ownership of securities like shares, bonds, mutual fund units, or other market instruments issued in paper certificates.

When you apply for a loan against such assets, the lending institution must verify the authenticity, ownership, and value of the securities. The Physical Statement includes important details such as the certificate number, folio number, the name of the holder, number of units or shares held, and the issuing institution. This helps the lender confirm that the securities belong to you and are free from liens or prior claims.

Lenders also use this document to assess the market value of the securities to determine the loan amount that can be sanctioned under the loan-to-value (LTV) ratio. Without this statement, the bank cannot validate the legitimacy of the collateral, which may delay or even reject the loan application.

Furthermore, having a Physical Statement ensures that the pledging process is legally compliant. It acts as a record of the assets being temporarily transferred to the lender as security until the loan is repaid.

In short, a Physical Statement safeguards both the lender and borrower by providing clarity, transparency, and a legally binding record of the pledged assets in a Loan Against Securities arrangement.

What’s on a loan against securities statement?

A Loan Against Securities (LAS) Statement provides a detailed snapshot of the financial assets you’ve pledged to secure a loan. It serves as an essential document for both the borrower and the lender, offering complete transparency regarding the loan and the associated securities.

This statement typically includes the borrower’s personal information, such as name, account number, and contact details. It also lists the type of securities pledged—which may include shares, mutual funds, bonds, or insurance policies—along with their ISIN numbers, folio numbers (for mutual funds), certificate numbers (for physical holdings), and the quantity or value of each asset.

Additionally, the statement shows the market value of the securities at the time of pledging and the applicable loan-to-value (LTV) ratio used to determine the sanctioned loan amount. It will also reflect the outstanding loan balance, interest rate, pledge start date, and tenure of the loan.

In case of physical securities, it may also mention the status of verification and whether the original certificates have been submitted. Overall, the LAS statement offers a clear and structured summary of your pledged assets and current loan status, ensuring transparency and proper financial tracking.

Documents required to get a physical statement for a loan against securities

To obtain a Physical Statement for a Loan Against Securities (LAS), you must submit specific documents that verify your identity, ownership of securities, and loan eligibility. These documents help the lending institution confirm that the physical securities belong to you and are suitable for pledging as collateral.

Here’s a list of commonly required documents:

Identity proof – A self-attested copy of a government-issued ID like PAN card, Aadhaar card, passport, or voter ID to verify your identity.


Address proof – Utility bills, Aadhaar card, passport, or bank statements showing your current residential address.


Original security certificates – Physical share certificates, mutual fund unit statements, or bond certificates that you intend to pledge.


Ownership proof – Documents such as the latest transaction statement or dividend/interest receipts, confirming you as the rightful holder of the securities.


Loan application form – A duly filled application form for the Loan Against Securities, which includes details of the pledged assets.


Photographs – Passport-sized photographs may be required for identification and documentation purposes.


Signature verification – A bank-attested signature proof to confirm your identity across documents.


Submitting these documents ensures the generation of an accurate and legally valid Physical Statement, streamlining your LAS application process.

Are there any fees or charges for loan against securities physical statements?

Yes, there may be nominal fees or charges associated with obtaining a Physical Statement for a Loan Against Securities (LAS), depending on the policies of the financial institution. While some lenders may provide the first statement free of cost, others might charge a small fee for issuing additional or duplicate physical copies.

These charges typically cover administrative expenses, such as document verification, printing, and postal dispatch. In some cases, if the borrower requests urgent delivery or courier service, additional charges may apply. The fee can range from ₹50 to ₹200 or more, depending on the lender and service type.

It’s important to check with your lender regarding their specific fee structure for physical statement issuance. Many institutions also encourage customers to use digital alternatives, which are usually free and easily accessible.

To avoid unnecessary charges, you can view and download your LAS statement online through secure portals. You can visit the official Bajaj Finserv page to check your loan details or download your loan statement with ease.

Opting for digital access not only saves time and money but also allows for instant, round-the-clock access to your loan and collateral details.

Conclusion

A Physical Statement for Loan Against Securities is a crucial document that validates ownership of your pledged assets and ensures a smooth loan application process. Whether you're applying offline or need a copy for record-keeping, understanding its importance, contents, and how to obtain it can help you stay financially organized. While digital options are faster and often free, physical statements still play a vital role in certain cases, especially with physical securities. Always ensure your documents are in order and check for any applicable fees. For easier tracking, explore your loan details and loan statement online.