Withdraw funds from your loan against securities account
When you choose a loan against securities, you are given an approved amount. You can withdraw funds from this amount as many times as you need.
You can visit our service portal and withdraw funds easily in a few clicks.
-
A step-by-step guide to withdrawing funds from your loan account
- Click on the ‘Sign-in’ button on this page to visit our Service Portal.
- Enter the registered mobile number and the OTP to sign-in.
- Verify your details with your date of birth and proceed.
- Go to 'Service' section.
- Select your loan account from 'Relations' section.
- Click on 'Withdraw Funds'
- Enter the amount from your available limit, 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 ‘Service’ portal. You’ll be asked to sign-in. You can then select your loan account from ‘Relations’ and proceed to withdraw. - Click on the ‘Sign-in’ button on this page to visit our Service Portal.
-
You can check all transactions related to your loan account by downloading the account statement. Visit our service portal to download it.
-
Check your loan against securities account
Visit our service portal to view details of your existing loan.
Frequently asked questions
No. The interest is charged only on the utilised loan or outstanding loan amount.
The interest for your Loan Against Securities (LAS) gets deducted every month from your bank account registered with us.
After successfully applying and pledging shares/lien marking of securities, the loan amount will be disbursed to your registered bank account within 1 business day.
Yes. You can make a part-prepayment or foreclose the entire loan before the end of the tenure. Moreover, there are no foreclosure/pre-payment charges levied.
