Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs SUPPORT
Loans For You
Loans for Business
Investment
Insurance
Apply

Quick Links for loans

Quick Links for Insurance

Investment

Offers Quick Pay
Back

Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure
Know More
Back

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required
Know More
Back

New Commercial Vehicle Financing

  • First time user
  • Retail and strategic Clients
Know More
Back

Used Commercial Vehicle finance

  • Repurchase
  • Refinance
  • Top up
  • Balance Transfer
Know More
Menu  
 
Apply Now

Tata Capital > Blog > Top Documents Required for a Loan Against Security

Loan on Securities

Top Documents Required for a Loan Against Security

Top Documents Required for a Loan Against Security

There are several moments in life, like a personal exigency, an unexpected medical requirement or an attractive business opportunity where you require a quick inflow of funds. Amongst numerous alternatives, one attractive alternative to help you cushion yourself to obtain instant liquidity is Loan Against Securities (LAS). Loan against securities is an overdraft facility where you can use your investments as collateral to avail a loan. You can use a variety of investments as collateral including bank deposits, equity shares, mutual funds, bonds, insurance policies, national savings certificates, IPO financing, ESOP financing, etc.

Know More

Once the loan is sanctioned, the loan amount is transferred into an overdraft account of the borrower and is withdrawn as per need. This loan alternative offers numerous benefits to the borrower: retain the benefits of being a shareholder, the interest rate is low and charged only on daily basis on balance amount in the account, flexible withdrawals and repayments, high loan amount, and so on. Let us look at the most important documents that you will be required to submit in your application for a loan against security-

For a salaried employee, the following documents are required:

  • PAN Card
  • Aadhaar Card
  • Identity Proof (birth certificate, 10th mark sheet, passport, etc.)
  • Address Proof (birth certificate, passport, etc.)
  • Income Proof (Salary slips)
  • ITR Returns filed for last 2-3 years
  • Passport size photographs
  • Bank statements for last 6 months
  • Cancelled cheque
  • Investment holding proof
  • Demat Account statements

For a self-employed individual, the following documents are required:

  • PAN Card
  • Aadhaar Card
  • Identity proof (birth certificate, 10th mark sheet, passport, etc.)
  • Address proof (birth certificate, passport, etc.)
  • Income proof (Salary slips)
  • ITR Returns filed for last 2-3 years
  • Passport size photographs
  • Bank statements for last 6 months
  • Cancelled cheque
  • Investment holding proof
  • Demat account statements
  • Balance Sheet and P/L Statements for the last 2-3 years
  • Office address proof

Before submitting the above-mentioned documents, certain eligibility criteria also need to be met by borrowers before applying for a loan against securities in India:

  • Individuals, Companies/Firms, HUFs, Private and Public Ltd. companies can apply
  • Indian residents can apply
  • Applicants between the age of 18 and 65 (generally) can apply
  • Holders of approved investment holdings can apply
  • The investment holdings should be fully paid for and not in the lock-in period
  • A net worth of minimum Rs. 2 lakhs

Loan against securities allows you to take care of your financial needs with a secured short-term loan, without compromising your future planning and investments. With numerous advantages and easy terms and conditions, this serves as one of the most attractive loan alternatives if you’re an investor. Enjoy low-interest rates, options to swap securities, zero pre-closure charges and easy and quick processing of your LAS with Tata Capital.

Apply Now

Popular Blogs

I Need 50,000 Rupees Loan Urgently  | 50,000 Loan on Aadhar Card | 12 Unique Business Ideas | Indian Bike Company | Mortgage Deed  | 10,000 Loan on Aadhar Card | Electric Cars in India Under 5 Lakhs | Scrap Business | 20,000 Loan on Aadhar Card  | NA Plot Means  | What Are Financial Securities

Explore more about Loans

Loan Against Securities  | Bike Loan  | Bike Loan EMI Calculator  | Personal Loan Eligibility Calculator | Used Car Loan Emi Calculator | Loan Against Property Calculator  | Pre EMI Calculator  | Instant Personal Loan

Boost Your Investment Potential with a Loan Against Securities!

Apply now
Disclaimer

Most Viewed Blogs

Trending Blogs

Calculator

Personal Loan EMI Calculator

Personal Loan EMI Calculator
Home Loan EMI Calculator

Home Loan EMI Calculator
Business Loan EMI Calculator

Business Loan EMI Calculator
Used Car Loan EMI Calculator

Used Car Loan EMI Calculator
Two Wheeler Loan EMI Calculator

Two Wheeler Loan EMI Calculator
Loan Against Securities Calculator

Loan Against Securities Calculator
Loan Against Property Calculator

Loan Against Property Calculator
More Tools
Our Subsidiaries
Our Other Websites

Useful Links and Resources

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Policies, Codes & Other Documents

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Tata Capital Solutions & Services

Uh oh, something went wrong

Please try again later.