Loan Details
₹20 Lakh Loan Against Securities Calculator
Calculate your EMI and total interest for a loan against securities with flexible repayment options.
Instant Approval
No Hidden Charges
100% Digital Process
Representative Example:
Borrow ₹20,00,000 over 12 months at 25.8% APR. Total repayment: ₹22,90,388.30 with monthly EMIs of ₹1,90,865.69.
EMI Calculator
₹20,00,000
12
25.8%
Monthly EMI
₹1,90,865.69
Total Interest
₹2,90,388.30
Why Opt for a Loan Against Securities of Rs. 20 Lakh?
A Rs. 20 Lakh LAS provides instant liquidity without the need to sell your long-term investments:
- Wealth Preservation: Stay invested and continue to earn dividends, interest, and capital appreciation
- Seizing Opportunities: Quickly fund new investment opportunities or market dips
- Business Working Capital: Ideal for short-term business cycles or urgent inventory purchases
- Tax Efficiency: Avoid capital gains tax that would be triggered by selling your securities
- Contingency Fund: Use it as an emergency credit line for medical or personal needs
Eligibility for a Rs. 20 Lakh LAS
Approval is primarily based on the quality and value of your pledged portfolio:
- Eligible Assets: Equity shares (Group A), Equity/Debt Mutual Funds, LIC Policies, or NSC/KVP
- Investor Profile: Individual residents, HUFs, and Sole Proprietors
- Age: 21 to 70 years
- LTV Ratio: Up to 50% for Equity Shares/MFs and up to 80-90% for Debt Funds/Life Insurance
- Demat Account: Securities must be held in electronic form for seamless lien marking
Documents Required
The process is mostly digital, requiring minimal paperwork compared to property loans:
- KYC Documents: Aadhaar, PAN Card, and a photograph
- Holding Statement: Latest CAS (Combined Account Statement) or Demat holding statement
- Lien Marking: Online acceptance of pledge request via NSDL/CDSL
- Bank Proof: Cancelled cheque of the account where the credit line will be linked
- Income Proof: Required for higher ticket sizes (ITR or Form 16)
Interest Rates & Operational Charges
LAS is one of the most cost-effective ways to borrow, as interest is usually charged on a daily reducing balance:
- Interest Rate: Typically ranges from 8.50% to 10.50% p.a.
- Overdraft Facility: Pay interest only on the amount utilized, not the total sanctioned limit
- Processing Fee: Flat fee or up to 0.5% of the credit limit
- Pledge Charges: Small fee charged by the depository (NSDL/CDSL) for lien marking
- Renewal: Limits are typically renewed annually based on portfolio performance
Key Benefits of LAS
Why smart investors prefer pledging over selling:
- No EMI Pressure: Pay only the interest monthly; the principal can be managed flexibly
- Instant Disbursal: Digital end-to-end processing often leads to same-day funding
- Retain Corporate Actions: You continue to receive Dividends, Bonuses, and Rights Issues
- Zero Foreclosure Charges: Close the credit line anytime without penalties
- High Flexibility: Pledge or unpledge securities as per your changing fund requirements
What Our Customers Say
Real experiences from satisfied customers
No reviews yet. Be the first to share your experience!