Loan Against Securities

Eligibility check

The basic eligibility criteria remain the same, but it is also a good decision to check for lender-specific eligibility criteria. You can check your eligibility criteria for the Axis Bank loan against security here.

Wide range of approved securities

Not all banks offer loans against securities. Thus, opt for a bank that offers loans against equity mutual funds, loans against debt mutual funds, and other securities.

Amount of loan

Lenders offer a certain percentage of pledged security as a loan which may vary for different securities. For example, the percentage for loans against equity mutual funds differs from that for loans against debt mutual funds.

Interest rates

Opt for a bank that offers high-value loans at attractive rates.

Meet your urgent requirement for cash without liquidating your securities. Pledge your securities to get instant loans against bonds and other collaterals and enjoy various other benefits at attractive interest rates.

Get access to high-value loans against a wide range of collaterals with Axis Bank’s Loan Against Securities (LAS) from the comfort of your home.

• Equity Shares:

  Get a loan against shares at an LTV (Loan-to-Value) ratio of 50%-60%* with an Overdraft (OD) facility of up to 50% of the value of the shares. A good number of multiple and single scrips now qualify as approved security.

• Equity Mutual Fund:

  Avail loan at an LTV ratio of 50%-60%* with an OD facility of up to 60% of the NAV (Net Asset Value). Check whether your equity scheme forms a part of your approved mutual funds.

• Debt Mutual Fund:

  Being a safe investment avenue, you can avail of a loan against debt mutual funds at an LTV ratio of 70%* and also enjoy an OD facility of up to 85% of the NAV.

• Listed Bonds/ Convertible Debentures:

  When you opt for Axis Bank’s LAS, you pay interest only on the utilized amount. For listed bonds and convertible debentures, avail of a loan at an LTV ratio of 50%-60%. Moreover, you can get an OD facility for up to 70% of the market price. Check the list of approved bonds here.

• Life Insurance Policies:

  To keep your life insurance policy as collateral, contact your nearest Axis branch for details and proceed with a non-digital loan application. Sixteen major life insurance players are among our approved insurance companies. Apart from instant loans, you can also avail yourself of an OD facility of up to 75% of the surrender value of your life insurance policy.

Note: Only equity shares, mutual funds, and bonds can be pledged digitally. For LAS for securities like LIC policies, NSC KVP, etc., contact your nearest Axis branch. These securities applications can proceed in a non-digital(physical) form.

* Terms & conditions apply. Loan disbursal is at the sole discretion of Axis Bank Ltd.