A Loan Against Securities (LAS) allows individuals or businesses to pledge their financial assets, such as stocks, mutual funds, or bonds, as collateral to secure a loan. It provides quick access to funds without the need to sell your investments.
Purpose : The borrower pledges financial securities like shares, mutual funds, or bonds as collateral. This enables them to access funds without liquidating their investments.
Purpose : The loan application process is quick and simple. Minimal documentation is required, ensuring fast approval and disbursal of funds.
Purpose : By opting for a Loan Against Securities, borrowers can retain ownership of their assets while accessing the liquidity needed for personal or business requirements.
Purpose : The loan amount is based on the value of the pledged securities. This allows borrowers to access substantial funds while keeping their investments intact.
Purpose : Loans against securities come with lower interest rates compared to unsecured loans, making them an affordable option for those who need quick access to funds.