Raise funds by pledging your shares
How to apply for a Loan Against Shares?
How to apply for a Loan Against Shares
- Enter Personal Details
Provide basic information to begin your application. - Fetch your share holdings
Link your demat account to view eligible shares. - Verify email address
Confirm your email to continue securely. - Check offer details
Review loan amount, interest rate, and terms. - KYC verification
Complete KYC to meet regulatory requirements.
- Bank verification & e-mandate
Verify your bank account and set up auto-debit.
- E-agreement
Digitally sign the loan agreement online.
- Pledge Shares
Pledge approved shares via your demat account. - Initiate disbursement
Funds are released after successful pledge.
*Estimated completion time is ideal condition.
Features and benefits of our Loan Against Shares
Read on to know why you should opt for our Loan against shares.
Features and benefits of a Loan Against Shares
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Pre-assigned loan limit
Get a pre-assigned loan limit of up to ₹50 Cr with just 3 documents on your Loan Against Shares.
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1000+ approved shares
With our comprehensive list of 1000 + shares, you can avail a loan against shares of up to 50% of your share value. Check the approved list of shares.
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Tenure of up to to 36 months
Convenient tenure and repayment options starting from 7 days up to to 36 months.
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Continue earning your dividends
You keep earning dividends on your pledged shares while availing loan against shares.
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Only pay interest on the loan amount utilised
Pay interest only on the amount you have withdrawn and for the period utilised. You need not pay EMIs on the total approved loan amount.
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All third-party DP shares are acceptable
All companies or DPs (Depository participants) DEMAT accounts are acceptable with us for a loan against shares.
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Extra credit for increased share value
If the value of your share appreciates during the loan tenure, the pre-assigned loan limit will increase accordingly. Conversely, a decrease in share value will proportionally reduce the pre-assigned loan limit. This adjustment ensures that the “Sanction limit” remains unbreached.
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Swap pledged shares when required
You have the flexibility to swap the pledged shares for loan at any point of time during the tenure of your loan against shares.
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Dedicated customer portal (My Account)
Download your loan statement, release share, and manage your loan online with our customer portal – My Account.
Eligibility criteria and required documents for Loan Against Shares
Anyone can apply for our loan against shares online, as long as they meet the four basic criteria mentioned below. Also keep a few documents handy while applying for loan against shares.
Eligibility criteria and documents required for Loan Against Shares
Eligibility criteria
Nationality | Indian |
Age | 21 to 90 years |
Employment | Salaried, self-employed |
Portfolio value | Minimum ₹50,000 |
Documents required
- KYC documents: Aadhaar/ passport/ voter’s ID
- PAN card
- DEMAT holding statement
Corporates/ HUF/ LLP/ Partnership/ Trust/ Sole Proprietorship can apply for loan against shares of up to ₹50 Cr, by reaching us at las.support@bajajfinserv.in.
Applicable fees, charges, and interest rates for loan against shares
Frequently asked questions
Overview
Repayment
Document required
Charges
I am looking to apply for a loan against shares. How do I avail it from Bajaj Finance Limited?
The loan against shares facility available through the Bajaj Finance Limited app/web is only applicable for salaried and self-employed customers.
We also provide loans against shares up to ₹1000 Cr to Corporates/HUF/LLP/Partnership/Trust/Sole Proprietorship. For this, you can reach us at las.support@bajajfinserv.in.
The actual amounts sanctioned would depend upon the credit profile of the applicants, the value of shares pledged etc., at the sole discretion of Bajaj Finance Limited.
Which shares are accepted under a loan against shares?
You can avail of a loan against shares against 1000+ shares. Click here to view the approved list of shares.
What is the loan-to-value offered against the shares provided?
The loan-to-value currently offered against shares are up to 50% of share value.
Please note that the above are subject to change depending upon the applicable regulations and internal policies of BFL.
Can I swap/change shares during my loan tenure?
Yes, you can swap/change the shares during the tenure of the loan. Swapping would be allowed within the approved shares list of Bajaj Finance Limited (BFL).
Where can I view the list of shares that are pledged to BFL for availing loan against shares facility?
You can view the list of shares pledged by you to BFL by viewing the IVR (Interim Valuation Report) available under view statements in the Loan against securities service section.
I need more funds against the shares already pledged. How can I raise a request for additional disbursement?
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.
Where will my LAS Account be opened?
Your LAS account is managed digitally through the Bajaj Finance platform. For physical statements or assistance, you can visit the nearest Bajaj Finance branch.
I have shares that are in the approved list, but they are in the physical form. Can I get a loan against the shares?
No, only shares held in a demat account are eligible for a loan against shares. Physical share certificates are not accepted as collateral.
What is the interest payment cycle for a loan against shares?
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.
What is the tenure of a loan against shares?
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.
Is it possible to make a part prepayment/foreclosure before the end of the loan tenure?
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.
What happens when the price of my shares falls?
50% LTV is always required to be maintained for loan against shares facility. LTV is subject to changes on account of regulatory changes. Any shortfall in the maintenance of the 50% LTV occurring on account of movement in the share prices shall be made good within 7 business days.
Further, in case the LTV falls more than 85% then BFL will go ahead with the liquidation of shares with an intimation to the borrower.
If I repay my loan amount after 6 PM, when will it be adjusted in my loan account?
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 be adjusted on Monday (assuming Wednesday is a business day).
What happens if I make a payment after 3 PM on the last business day of the month?
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).
What documents are required for opening a loan against shares account?
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
Step 1: Submit the form to your existing broker with the details.
Step 2: 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.
How is the interest on the LAS Account calculated?
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.
Are pledge creation and closure charges levied on the loan availed?
Yes, there may be charges associated with creating and closing a pledge on the securities. Additionally, annual maintenance charges might apply.
What our customers say about us
Divyanshi Kapoor
Reviewed on 22 Aug 2025
Liquidity was provided through the loan against shares while I continued to retain the benefits of my investments. The customer service was exceptional, the repayment terms were flexible, and the overall experience was smooth and hassle-free.
Shantanu Singh
Reviewed on 21 Jul 2025
Loan against shares offered unmatched convenience. With competitive interest rates and expert guidance from their team, it was the perfect choice for leveraging my investments. Very satisfied with the service
Disclaimer
Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.