Loan Against Securities

For any assistance with regard to a loan against securities, you can write to us at las.support@bajajfinserv.in

You can replace your existing securities with new ones during your loan tenure. However, this is subject to Bajaj Finance Limited's approval and must be within their list of accepted securities.

Yes, it is possible. You may make a part-prepayment or foreclose the entire loan before the end of the tenure.

To see the list of securities you've pledged to Bajaj Finance Limited (BFL), check the Interim Valuation Report (IVR) under the 'View Statements' section of the Loan Against Securities service.

For mutual fund schemes, it is updated at the end of every day.

No. The interest is charged only on the loan amount that you have drawn down or the outstanding loan amount.

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 securities is generated on the 7th of every month.

If you have a diverse investment portfolio and short-term liquidity needs, this option offers lower interest rates compared to unsecured loans. This is because your securities act as collateral, reducing risk for the lender.

With Bajaj Finance Limited, you can avail a loan against shares up to 50% of the share value or up to Rs. 1000 crore. Corporates/ HUF/ LLP/ Partnership/ Trust/ Sole Proprietorship can apply for loan against shares of up to Rs. 1000 crore, by reaching us at las.support@bajajfinserv.in.

Yes, investors can continue to receive dividends and interest on their pledged securities because the ownership of the securities is still with the borrower, just that the investments have been pledged as collateral for the loan. However, it is essential to read the loan agreement carefully to review the terms and conditions of the loan.

You can apply online for a loan against securities with Bajaj Finance limited. Click here to begin your application process.

The interest rate on a loan against securities can vary depending on the collateral used. In the case of Bajaj Finance, the interest rate is up to 20% per annum. Please note that interest rates may vary from one lender to another and are subject to change over time. It's essential to check with the specific lender for their current interest rates and terms.

The loan-to-value ratio for loans against securities varies depending on the lender, type of collateral, and other factors. Bajaj Finance offers different loan-to-value ratios for shares (up to 50%), bonds (up to 95%), and mutual funds (up to 90%).

If you're unable to repay your loan against securities, it can lead to following consequences:

• Penalties and Fees: Non-payment can result in significant penalties and fees, increasing your overall debt burden.

• Asset Liquidation: Lenders have the right to liquidate the securities you pledged as collateral to recover the outstanding loan amount. This could lead to financial loss.

If you anticipate difficulties in repaying your loan, it's crucial to communicate with your lender promptly. Early communication can open doors to potential solutions like loan restructuring and refinancing