If you have any of the following securities, you can avail the loan:

• Mutual Fund units
• Fixed maturity plans
• Exchange traded funds
• Insurance policies*
• Bonds*
• NSC
• KVP

Eligibility Criteria

The eligibility criteria for Loan Against Securities are:

Applicant must be a resident of India. On a select few securities, loans can be given to Hindu Undivided Families, NRIs, Companies, Sole Proprietorship or Partnership Firms *. Loans cannot be given to minors and Trusts.

Applicant can pledge securities from HDB's approved list only.

• Approved DEMAT Shares
• Approved Mutual Funds (Equity, Debt, FMPs)
• Gold ETF
• NABARD's Bhavishya Nirman Bonds
• RBI Bonds (8% Savings Bonds 2003 (Taxable))
• Approved Life Insurance Policies issued by L.I.C
• Approved Life Insurance Policies issued by select Private Insurance Companies
• National Savings Certificates (NSC)
• Kisan Vikas Patra (KVP)
• Gold Deposit Certificates

Securities should be in the name of the eligible borrowers Securities in the name of minors, Trusts, partly paid-up or shares in the name of individuals in companies where they are Directors / Promoters cannot be accepted).

Documentation Required

• Proof of Identity
• Signature Proof
• Address Proof
• Audited Balance Sheet, Profit & Loss Account of the last two years and IT returns of the last 2 years in case of Companies / Proprietorships / Partnership firms.

It just takes a few simple steps to get a loan from us. Apply today and manage your finances easily.

Apply Now