To raise a request for additional disbursement, please choose the 'Disbursement Request’ option in the Loan against shares service section available under the ‘My Relations’ tab.

Please note that it is subject to LTV being continued to be maintained with respect to the shares pledged and principal outstanding.

Your LAS account is managed digitally through the Bajaj Finserv platform. For physical statements or assistance, you can visit the nearest Bajaj Finserv branch.

No, only shares held in a demat account are eligible for a loan against shares. Physical share certificates are not accepted as collateral.

Interest rates depend on factors like the type of shares pledged, market volatility, loan-to-value offered, your risk profile, and the lender’s internal pricing. Highly stable, liquid shares usually attract more favourable interest rates than volatile stocks.

The interest cycle is calculated from the 7th day of each calendar month to the 6th day of the succeeding month. Interest due towards a loan against shares is generated on the 7th of every month.

The tenure of the loan is from 7 days to 36 months. Any renewal of the loan/facility shall be at the sole discretion of BFL.

Yes, it is possible. You may make a part-prepayment or foreclose the entire loan before the end of the tenure. Bajaj levies Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment. and up to 4.72% (inclusive of applicable taxes) of the principal amount of loan prepaid on the date of such part-prepayment.

If the market value of your pledged shares declines, you will be required to either pledge additional securities acceptable to BFL or repay a proportionate principal amount to maintain the required margin (Loan-to-Value ratio). If you fail to do so within the time line stipulated by the lender, the lender may initiate liquidation of the underlying securities pledged/lien marked against the respective facility to recover the Shortfall amount and bring back Drawing Power to the Loan % to 100%. In case of occurrence of a Sell Trigger event (i.e. Drawing Power to Loan ratio falls below the percentage as stipulated in the Sanction Letter), the lender reserves the right to liquidate the pledged/lien-marked securities in accordance with the sanction terms. It is therefore essential to closely monitor market conditions to avoid such a situation.

Loan tenures generally range from a few months to several years,
depending on the lender’s policy. Shorter tenures suit urgent,
quick repayments, while longer ones offer flexibility for managing
cash flow without immediate repayment pressure.

A major price drop may reduce the value of your collateral, triggering a margin call. You may need to pledge additional shares or partially repay the loan. If not rectified, lenders may liquidate part of the collateral to maintain LTV norms.

Most lenders allow foreclosure, but charges vary. Some offer zero-penalty foreclosure, while others may impose nominal fees. Always review the loan agreement to understand foreclosure terms, especially if you plan early repayment.

If you repay your loan amount after 6 PM, the repayment will be adjusted in the loan account on the next business day. Payments made before 6 pm on any business day, the same will be adjusted in the loan account, on same day.

Example: If you make a repayment at 7 PM on a Tuesday, it will be adjusted in your account on Wednesday (assuming Wednesday is a business day).

If you make a payment after 3 PM on the last business day of the month, the repayment will be adjusted in your loan account on the next business day. This is to ensure that end-of-month processing is completed smoothly.

Example: If the last business day of the month is Friday and you make a payment at 4 PM, the repayment will be adjusted on Monday (assuming Monday is a business day).

Opening a loan against shares account through the Bajaj Finance platform with respect to individual borrowers and which is subject to successful KYC completion.

For easy and smooth onboarding, we recommend keeping the below documents handy:

- PAN card

- Proof of identity and address (Aadhaar, passport, driving licence, voter ID etc.)

- Demat holding statement

- Submit the form to your existing broker with the details.

- Once the shares are pledged, the loan will be disbursed.

The final loan amount shall be calculated on basis of the effective pledge marked on the shares and the price of the shares.

Interest is charged only on the amount you utilize, not the entire sanctioned limit. The interest cycle runs from the 7th of each month to the 6th of the next, with interest due on the 7th.

Yes, there may be charges associated with creating and closing a pledge on the securities. Additionally, annual maintenance charges might apply.

To take a loan against shares, apply online or with a lender by submitting your personal and KYC details. Link or pledge your demat-held shares as collateral. The lender evaluates eligibility based on share value, approves the limit, and disburses funds to your bank account.