Steps to Withdraw Funds from Loan Against Shares Account

A loan against shares account is a secured credit facility that allows you to raise funds by pledging your listed equity shares as collateral, instead of selling them. Your shares continue to remain in your demat account, but a lien is marked in favour of the lender until the loan is fully repaid.

This account typically functions like an overdraft. Once the loan is approved, you receive a sanctioned limit based on the value, type, and eligibility of the shares you pledge. You can withdraw funds as needed and are charged interest only on the amount you actually utilise, not on the entire sanctioned limit.

The biggest advantage of a loan against shares account is that it helps you meet liquidity needs without disturbing your long-term investment strategy. You may continue to benefit from potential capital appreciation and dividends, while enjoying lower interest rates compared to unsecured loan.

Withdrawing funds from a loan against shares account is straightforward and designed for flexibility. The process generally involves the following steps:

Step 1: Sign into ‘Service’

The first step to withdrawing funds from your loan account is to log in to your account on our app/website. Click on the ‘Sign-in’ button on this page and enter your registered mobile number, OTP, and birth date, if you are on our website. If you are visiting via our app, navigate to the account section after logging in.

Step 2: Verify your details

After signing in, you will need to verify your details by providing your date of birth. Once you have entered this information, click on ‘Proceed’.

Step 3: Select your loan account

Navigate to the ‘My Relations’ section and choose your loan account from the options available. This will bring up all the information related to your current loan.

Step 4: Withdraw funds

Once you have selected your loan account, click on the ‘Withdraw Funds’ option in the ‘Quick Actions’ section. You can then enter the amount you would like to withdraw from your available drawing power. Review your bank account information before proceeding to the next step. 

Step 5: Enter OTP

You will be asked to enter a one-time password (OTP) which will be sent to your registered mobile number. Enter the OTP and click ‘Proceed’ to continue with the withdrawal process.

Step 6: Raise a withdrawal request

After verifying your details, you can raise a withdrawal request. Follow the on-screen instructions to complete the withdrawal process and receive your funds.

Step 7: Download your loan account statement

If you would like to review your loan account statement, you can download it from your account dashboard. This will give you a detailed breakdown of all transactions related to your loan account.

Ever wondered if you could tap into your shareholdings without selling them? With a loan against equity shares, you absolutely can.

Let’s take a look at why this is a smart financial choice:

• No need to liquidate your shares: You retain ownership and continue to earn dividends or capital gains.
• Instant liquidity: Get quick access to funds while your portfolio continues to grow.
• Flexible tenure: Choose repayment periods that match your financial plans—short-term or long-term.
• Minimal documentation: Enjoy a hassle-free application process with fewer formalities.
• Attractive interest rates: Typically lower than unsecured loans.

Got a strong equity portfolio? Don’t let it sit idle. Apply for a loan against shares now and unlock value instantly.

A loan against equity shares isn’t just a financing tool it’s a liquidity strategy that lets your investments work double time. Whether you are planning to fund your startup, cover urgent medical costs, or simply need liquidity for a short-term crunch, this option gives you flexibility without letting go of your long-term growth potential.

Own shares? You already hold the key to instant funds. Tap into your equity with a loan against shares, no selling, no stress.

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