mybankey

Loan Against Securities

MyBankey-offers a comprehensive suite of financial services, including personal and business loans, housing and car loans, commercial loans, and loans against securities. We also provide life and general insurance solutions. Our specialization extends to funding for public hotels, hostels, hospitals, schools, and tailored loans for goldsmiths. With quick approvals, minimal documentation, and competitive interest rates, we ensure seamless financial support for your diverse needs.
  • Eligibility Flexibility: No prior experience needed.
  • Loan Amount: Get loans up to ₹10 crore for various financial needs.
  • Low Costs: Enjoy the lowest ROI and processing fees or “NIL” processing fees.
  • Higher Value Loans: Access 20% more funds compared to other providers.
  • Wide Security Range: Loans available against shares, mutual funds, bonds, and insurance policies.
  • Fast Approvals: Minimal documentation and quick disbursal.
  • No Hidden Charges: Transparent process with no surprises.
  • Retain Ownership: Keep your assets while unlocking funds.
  • Dedicated Support: Expert assistance and after-sales services.

Documents List

  • Property Documents
  • Loan Documents
  • Bank Statements
  • Income Documents
  • KYC Documents

KYC Documents

  1. Pan Card
  2. Aadhar Card
  3. Voter ID Card
  4. Passport
  5. Latest Month Electricity Bill
  6. Copy of Rent Agreement
  7. Copy of Registered Lease Deed
  8. Employee ID Card

Income Documents

  1. Latest 3 months salary slip
  2. 3 years form-16, 26AS, ITR with computation of Income
  3. Annual CTC Letter
  4. Copy of Appointment Letter

Bank Statements

  1. One year up to date salary account statement

Need Help?

  • You may take expert advice of MYBANKEY professional consultants who will help you to choose best bank who offers you lowest rate of interest on Loan against property with ZERO / nominal bank processing fees.
contact us

Loan Documents

  1. Copy of Sanction Letter
  2. Up to date loan account statement
  3. Loan repayment schedule
  4. 12 Month up to date bank statement
    showing repayment of the loan
  5. Loan closure proof if loan is closed

Property Documents

  1. Copy of Agreement to Sale (ATS)
  2. Copy of previous chain of property papers
MyBankey-offers a comprehensive suite of financial services, including personal and business loans, housing and car loans, commercial loans, and loans against securities. We also provide life and general insurance solutions. Our specialization extends to funding for public hotels, hostels, hospitals, schools, and tailored loans for goldsmiths. With quick approvals, minimal documentation, and competitive interest rates, we ensure seamless financial support for your diverse needs.

What is a Loan Against Securities ​?

A Loan Against Securities (LAS) allows individuals to borrow funds by pledging financial assets like shares, mutual funds, bonds, or insurance policies as collateral. The loan amount depends on the value of the pledged securities, offering flexibility and quick access to funds without selling your investments. Borrowers retain ownership of the securities, while unlocking liquidity for personal or business needs. LAS typically has competitive interest rates and minimal documentation, making it an efficient and cost-effective way to meet financial goals without liquidating assets.

Frequently Asked Questions About Loan Against Securities

It is a loan obtained by pledging financial assets like shares, bonds, or mutual funds as collateral, providing liquidity without selling your investments.

Individuals, businesses, and entities owning eligible financial assets can apply for this loan, subject to the lender’s terms.

The loan amount depends on the value of pledged securities, typically 50-80% of their market value.

Yes, borrowers retain ownership of pledged securities, but the lender has a lien until the loan is repaid.

Interest rates are competitive and vary by lender, depending on the type and value of securities pledged.

Most lenders allow prepayment without penalties, but terms can vary, so confirm with your lender.

PAN card, ID proof, account statements, and demat account details are typically required for processing.

Generally, pledged securities cannot be traded, but dividends or interest may still be received.

After approval, funds are quickly disbursed to the borrower’s account, making it an efficient process.

In case of default, the lender may liquidate the pledged securities to recover the outstanding loan amount.

Loan Against Securities Application Process:

Eligibility Check: Verify if you qualify for the loan based on your securities and the lender’s criteria.

Document Preparation: Gather essential documents, including proof of securities ownership, ID proof, and address proof.

Application Submission: Complete the application form with accurate personal and financial details.

Valuation of Securities: The lender assesses the market value of your securities.

Loan Approval: Receive the sanctioned amount and terms after approval.

Disbursement: Funds are transferred to your account quickly.

MyBankey-offers a comprehensive suite of financial services, including personal and business loans, housing and car loans, commercial loans, and loans against securities. We also provide life and general insurance solutions. Our specialization extends to funding for public hotels, hostels, hospitals, schools, and tailored loans for goldsmiths. With quick approvals, minimal documentation, and competitive interest rates, we ensure seamless financial support for your diverse needs.
Play sound