Check your Loan Against Securities details in My Account

You can track your loan details such as drawing power, value of your pledged securities and more by visiting our service portal.

• 

  A step-by-step guide of checking details of your loan against securities in My Account

  • Visit our Service Portal by clicking on the 'Sign-in' button on this page. 
  • Enter the registered mobile number and submit the OTP to sign-in. 
  • Go to 'Service’ section, and select your loan from 'Relations.'
  • Find details such as drawing power, rate of interest and more. 

  Alternatively, click on the ‘Check your loan against securities’ option to visit your account. Once you’re signed-in, select the loan account from ‘Relations’ and find details.
  

  Check your loan against securities

  How do loans against securities work?

  Loans against securities allow individuals to borrow funds by pledging financial assets such as shares, bonds, or mutual funds as collateral. These loans are secured, meaning the lender holds the right to the pledged securities until the loan is repaid. The loan amount is typically a percentage of the market value of the securities, often ranging from 50% to 80%, depending on the type of assets and their liquidity.
  

  Borrowers can continue to earn dividends or interest on the pledged securities, and they retain ownership, though they cannot sell or trade them during the loan period. Interest rates on loans against securities are usually lower than unsecured loans since the risk to the lender is reduced. Repayment can be structured flexibly, either as regular EMIs or by settling the amount in a lump sum.

  This type of loan is ideal for individuals looking for short-term liquidity without liquidating their investments. It offers quick processing, high loan amounts, and lower interest rates. However, market fluctuations can impact the value of the pledged securities, and if the value drops significantly, the lender may request additional securities or partial repayment to maintain the loan-to-value ratio.