Track your loan against securities account on our customer portal
You can use your shares, bonds, or mutual funds as collateral to get a loan against securities (LAS) from Bajaj Finance Limited.
If you’ve taken a loan against securities from us and are looking to manage your loan account, visit our customer portal – My Account.
Sign-in with your mobile number and the OTP to use these self-service options on the go.
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Check loan details
View details such as current loan amount, drawing power, and more.
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Withdraw funds
Use drawdown facility to withdraw funds from your available limit.
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Download statement
Get the statement of account easily in just a few clicks.
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Manage payment
Pay a part of your loan or make a missed interest payment in an easy online process.
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Release securities
Raise an online request to release securities against the loan amount you’ve paid.
Know your loan against securities
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.
How do loans against securities work?
Loans against securities (LAS) enable borrowers to leverage their existing investments, such as stocks, bonds, or mutual funds, as collateral to obtain a loan. This type of loan allows individuals to access liquidity without selling their assets. The amount of the loan depends on the value and type of securities offered as collateral, typically ranging from 50% to 85% of the asset’s current market value.
Once approved, the lender holds the securities in a demat or escrow account until the loan is repaid. Interest is charged only on the utilised loan amount, making it a flexible financial tool. Repayments are generally structured as either equated monthly instalments (EMIs) or interest-only payments with a bullet payment for the principal at the end of the term.
LAS provides several advantages, such as no need for credit scores or income proof, quick processing, and continued ownership of the pledged securities. However, borrowers must be cautious about market volatility. If the value of the pledged securities drops significantly, lenders may issue a margin call, requiring the borrower to deposit additional assets or repay part of the loan to cover the deficit, potentially leading to forced liquidation of the securities.
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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.
Features of Loan Against Securities
A Loan Against Securities (LAS) offers a range of features that provide flexibility and ease of access to funds. Borrowers can pledge their investments, such as stocks, bonds, or mutual funds, as collateral without selling them. The loan amount is determined based on the market value of the pledged securities, typically ranging from 50% to 85%.
One key feature is the interest charged only on the amount utilised, allowing borrowers to manage costs effectively. The loan tenure can be flexible, with the option of making either equated monthly instalments (EMIs) or interest-only payments, with the principal paid at the end. Quick processing and minimal paperwork are added benefits, making it accessible without extensive credit checks.
Borrowers also retain ownership of their securities, meaning they can continue earning dividends or interest. However, market fluctuations could trigger a margin call, requiring additional collateral or partial loan repayment.
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You can check details of your ongoing loan against securities by visiting our customer portal
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Check your loan against securities account
Visit our customer portal – My Account to view details of your existing loan.
How to view your loan against securities details
View your loan against securities details
You can track your loan details such as drawing power, value of your pledged securities and more by visiting our customer portal.
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A step-by-step guide of checking details of your loan against securities in My Account
- Click on the ‘Sign-in’ button to visit our customer portal.
- Enter your 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 ’Your relations’ section.
- 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 ’Your 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.
Withdraw funds from your loan against securities 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. -
You can check all transactions related to your loan account by downloading the account statement. Visit our customer portal – My Account to download it.
Download loan against securities statement
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. -
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.
Manage your loan against securities payment
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. -
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.
Release your pledged securities
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. -
You can withdraw funds from your loan against securities account by visiting our customer portal - My Account.
Frequently asked questions
You’re required to maintain a minimum of 50% loan to value (LTV) ratio to continue enjoying the loan against securities. If LTV falls beyond 50%, you’ll have to regularise your loan account by paying in cash or by pledging more collateral. This additional collateral or the payment should be in the form and manner acceptable to Bajaj Finance Limited. It should be done within seven business days from the date of such an event.
In case you fail to do so, Bajaj Finance Limited holds the right to sell your pledged securities to recover the margin shortfall.
Also, if the LTV ratio falls more than 85%, then Bajaj Finance holds the right to liquidate your pledged securities after sending required notifications.
You can regularise it by repaying the shortfall value. You can also pledge more securities in the form and manner acceptable to Bajaj Finance Limited.
You can use our payment services to make a part-prepayment. You can follow these simple steps.
- Click on the ‘Part-prepay your loan’ option to go to our customer portal – My Account.
- Sign-in with your registered mobile number and the OTP.
- Enter your date of birth for verification and proceed.
- Select the loan account from the ‘My Relations’ section.
- Click on ‘Make Payment’ within the ‘Quick Actions’ section.
- Choose ‘Part-prepayment’ as your payment type and proceed to pay.
Values of pledged shares are updated every 5 minutes and value of lien marked schemes are updated at the end of every day. The IVR (interim valuation report) of the pledged securities is sent to your registered email address daily.
Yes, you can swap/ change the pledged securities during the tenure of the loan at sole discretion of Bajaj Finance Limited. Swapping would be allowed within the approved securities list of Bajaj Finance Limited.
You can follow these simple steps to download all your loan against securities documents.
- Click on the ‘Download documents’ option below to visit our customer portal – My Account.
- Sign-in with your registered mobile number and the OTP.
- Enter your date of birth for verification and proceed.
- Select the loan account from the ‘Document Centre’ section.
- Find all your documents and click the one you want to download.