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Insta Loan Against Shares

Avail Loan Against Shares in just a few minutes!

Get instant liquidity against your shares, without selling them.
Avail instant loans up to 50% of the value of pledged shares, with a maximum limit of ₹20 lakh.

Features of insta Loan Against Shares

Loan Value

Loan Value

Loan up to 50% of the value of pledged shares with a maximum limit of Rs. 20 lakh

Long list of approved shares

Long list of approved shares

Facility is available against the list of shares approved by the Bank

Overdraft Facility

Overdraft Facility

Avail the Loan by way of an Overdraft Facility

Interest Rate

Interest Rate

Interest charged on the utilised amount and for the utilised period only

Steps to apply for Insta LAS

 

  1. Login to ICICI Bank Internet Banking

  2. Go to ‘Investment and Insurance’ and select ‘Demat’

  3. Click on Loan Against Securities

  4. Select the shares that you wish to pledge

  5. Confirm the request at NSDL and the limit is set.

Loan Against Shares FAQs

Which documents are required for opening the LAS Account?

For ICICI Bank customers, the Loan process is streamlined with minimal documentation, which ensures a quick and hassle-free experience for those seeking financial assistance. Address, identity and income proofs are required, along with the original certificates of the pledged securities, Bank chequebook and mobile banking facility.

Which shares are accepted for availing LAS?

You can use a variety of securities as a collateral, such as Savings Bonds, Demat Shares, Mutual Funds units, Fixed Maturity plans, Exchange Traded Funds (ETFs) or insurance policies.

What is the tenure for availing LAS?

Monetary loans against shares or securities involve using listed assets like bonds, shares or insurance policies as a collateral. These loans offer a valuable option when immediate cash is required for personal or business needs. LAS has a repayment tenure of up to 36 months.

What happens when the price of my shares falls?

If the value of your shares drops, the collateral for the Loan may not be enough to cover what you owe. If you can't repay the Loan in this situation, the lender might face losses that the current value of the stocks can't compensate for.

What is the age for availing LAS?

To apply, individuals must fall within the age bracket of 18 to 75 years. The individual also needs to provide a valid e-mail address and mobile number for communication and documentation purposes. These requirements ensure a smooth application process for the applicants.

What is the maximum limit for availing LAS?

With ICICI Bank, you can get a Loan of up to Rs 20 lakh using your stocks. If you have a debt, there is no fixed limit on the Loan amount; it depends on your credit evaluation. Also, the existing customers can enjoy easy access to digital lending against shares and Mutual Funds.