Manage your Loan Against Securities in My Account

You can pledge your shares, mutual funds, or bonds as collateral to get a loan against securities. With a loan against securities, you can get the loan amount depending on the market value of your pledged securities.

When you borrow a loan against securities, a drawing power is assigned to you, and you can avail of the loan amount within this limit. This drawing power varies from 50% to 90% of the sanctioned loan amount.

Since your loan against securities drawing power depends on the market value of your pledged securities, the same is subject to change. In the event of any such change in the drawing power, you’ll receive an SMS on your registered mobile number.

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  Get the most out of your loan against securities

  • Pay only interest as your monthly instalment and pay the principal later.
  • Withdraw funds from your drawing power anytime you need.
  • Pay interest only on the amount you withdraw and not the entire loan limit.

  
  Manage your loan against securities features

You can check details of your ongoing loan against securities by visiting our customer portal – My Account.

When you choose our loan against securities, a drawing power is assigned to you. You can withdraw funds from this drawing power as many as times you want.

You can visit our customer portal – My Account and withdraw funds easily in a few clicks.

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  A step-by-step guide to withdrawing funds from your loan account

  • Click on the ‘Sign-in’ button on this page to visit My Account.
  • Enter the registered mobile number and the OTP to sign-in.
  • Verify your details with your date of birth and proceed.
  • Select the loan account from the ‘My Relations’ section.
  • Click on ‘Withdraw Funds’ from the ‘Quick Actions’ section.
  • Enter the amount from your available drawing power, review your bank account details, and proceed.
  • Verify your details with the OTP sent to your registered mobile and proceed to raise a withdrawal request.

  
  Alternatively, you can click on the ‘Withdraw funds from your available limit’ option to go to My Account. You’ll be asked to sign-in. You can then select your loan account from ‘My Relations’ and proceed to withdraw.

  Withdraw funds from your available limit

You can check all transactions related to your loan account by downloading the account statement. Visit our customer portal – My Account to download it.

Your statement of account helps you to keep track of all transactions related to your loan account. It includes number of EMIs paid, the outstanding amount, and more.

You can download your statement of loan account and other documents related to your loan against securities by visiting My Account.

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  A step-by-step guide to downloading your account statement

  • Click on the ‘Sign-in’ button on this page to visit My Account
  • Sign-in with your registered mobile number and the OTP.
  • Enter your date of birth for verification and proceed.
  • Select your loan account from the ‘Document Centre’ section.
  • Click on the ‘Statement of Account’ to download it

  
  You can also directly visit our customer portal – My Account by clicking on the ‘Download your statement of account’. Once signed-in, select the loan account from ‘Document Centre’ and click on ‘Statement of Account’ to download it.

  Download your statement of account

You can also check details of your loan against securities by visiting our customer portal – My Account. Click on the respective link at the top of this page to know more.

You usually repay your loan against securities in small monthly instalments, which comprises only the interest amount. This instalment gets deducted from your registered bank account on a pre-set date.

However, you can also pay a part of your loan or clear your overdue instalment on our customer portal.

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  Missed interest payment and part-prepayment

  In case you have missed paying your instalment on its due date, you can choose the missed interest payment option and clear your dues.

  In case you have surplus funds, you can use our part-prepayment facility and pay a part of your loan. You can also use this option to close your loan before time and release your pledged securities.

  You can explore these payment options by visiting My Account.

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  Make your loan against securities payment

  • Visit My Account by clicking on the ‘Sign-in’ button on this page.
  • Enter the registered mobile number and submit the OTP to sign-in.
  • Verify your details with your date of birth and proceed.
  • Select the loan account for which you want to make payment from the ‘My Relations’ section.
  • Click on the ‘Make Payment’ option from the ‘Quick Actions’ section.
  • Choose the payment type from the available options.
  • Enter the required details and proceed to pay using our secured getaway.

  
  You can also click on the ‘Pay your loan EMIs’ text below to visit our customer portal – My Account. Once signed-in, select your loan account from the ‘My Relations’ section. You can then click on ‘Make Payment’ option within ‘Quick Actions’ and proceed.

  Pay your loan EMIs

You can view your loan against securities details and download documents by visiting My Account. Click on the respective link at the top of this page.

If you wish to release your pledged securities, you can raise an online request by visiting our customer portal – My Account.

Please note that you can release securities only if your loan account is not under margin shortfall and you have surplus funds available to withdraw. A margin shortfall is an event where the amount you’ve borrowed exceeds the eligible loan limit. This may happen when the value of your securities falls.

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  Raise a request to release your securities

  • Go to our customer portal – My Account by clicking on the ‘Sign-in’ button on this page.
  • Enter the registered mobile number and submit the OTP to sign-in.
  • Verify your details with your date of birth and proceed.
  • Select the loan account from the ‘My Relations’ section.
  • Click on the ‘Release Securities’ option within ‘Quick Actions’.
  • Select the share or mutual funds you want to release.
  • Verify your details with the OTP sent to your registered mobile number and proceed to raise a request.

  
  Alternatively, you can also click on the ‘Release your securities’ option below to go to our customer portal. You’ll be asked to sign-in. Once signed-in, select your loan account, click on ‘Release Securities’ within ‘Quick Actions’ and proceed.

  Release your securities

You can withdraw funds from your loan against securities account by visiting our customer portal - My Account.