Loan against Securities

Are you in urgent need of cash? With Axis Bank's Loan against Securities (LAS), you can unlock the value of your investment portfolio including securities, such as shares, mutual funds, bonds and life insurance policies, quickly without the need to sell your assets.
With LAS, you can get loans of up to 85% of your securities' value at competitive interest rates. Plus, you can even get overdraft facilities which can be a total lifesaver. From flexible repayment options to competitive interest rates, this funding option can help you manage your financial needs efficiently.

Features & Benefits
How to Apply
Eligibility & Documentation
Interest Rates
Approved Securities
Types of LAS
FAQs

Features & Benefits

Enjoy attractive interest rates

Rate of interest starting from 11.99% p.a.

Facility tenure

An overdraft facility is granted for 12 months. This is reviewed and renewed at annual rests. *T&C apply.

Pay interest only on the amount utilised

Interest charged only on the amount utilised – no EMI or post dated cheques required.

Earn dividend

Continue to earn your dividend on the shares

Limit setup & processing times

Limit setup in 5 mins with digital loan against mutual funds
Limit within one day for shares and mutual funds with NSDL

Explore multi-channel banking

Debit or ATM card and cheque book facilities available

How to apply for Loan against Securities

01
Visit our “24X7 Loan against Securities” page. If you wish to apply through mobile banking, open the Axis Mobile app, navigate to the “Loans Centre” and select “24x7 Loan against Securities”.
02
Choose the securities you want to use as collateral, for example opt for loan against shares if you wish to keep your shares as collateral.
03
Review how much you can borrow. You will also need to select an account you want to use for repayment.
04
Accept the terms and conditions and pay any fees that apply.
05
Once you have done this, your Overdraft (OD) Account will be set up.
06
Add a nominee to your loan account. This is just a standard step to ensure the loan is managed correctly.
07
Finally, enter the OTP that is sent to your phone to start using your funds right away.

Apply Now

Axis Bank Instant Loan Against Securities

Eligibility Documentation

For Digital or Instant Loan against Securities

You must be between 18 and 75 years old
You must have a Current or Savings account with Axis Bank
You must hold a Demat account with NSDL or have Mutual funds with KFIN or CAMS
You must be the sole account holder in your Demat/Mutual funds account
You must be a Resident Indian
You must possess shares, bonds or mutual funds with NSDL or hold Mutual funds in physical/SOA-based accounts

For Physical Loan against Securities

You must be between 18 and 80 years old
You must have eligible securities such as shares for a loan against shares, mutual funds, bonds, convertible debentures or life insurance
You must be a resident Indian to use life insurance as collateral
You can be a resident Indian, NRI, HUF, sole proprietor, partnership firm or a private limited company to use other securities as collateral

Documents Requirement for an Instant Loan against Securities

KYC documents
Latest mutual fund holding statement
Pledge form for security creation
Guarantor Form (optional but mandatory for joint holdings)

Applicable fees and charges

Effective interest rate

This rate is the total interest rate you will pay on your Loan against Securities, including the repo rate and spread over the repo rate. It is usually revised quarterly or as decided by the bank, whichever is earlier.

Renewal charges

Renewal charges are fees you need to pay to renew your Loan against Securities after a certain period of time, particularly when it is due for renewal. This charge keeps your loan active and varies according to the type of Loan against Securities.

Processing fee charges

This is a one-time fee that you pay to the bank for processing and approving your Loan against Securities application. The typical charge is around 0.50% of the sanctioned loan amount or ₹2,000, whichever is higher, plus GST.

Penal charge

A penal charge is a fee you will have to pay as a penalty for not meeting the loan terms, such as late payment or non-payment of interest or principal amount on your Loan against Securities.

Note: Learn more about fees and charges applicable to a Loan Against Securities before applying.

Approved Loan against Securities

Pledge from a wide range of approved securities

Collateral	LTV (Loan-to-Value) in your overdraft account*	Approved scripts
Shares	Up to 50% of the value of the share	Multiple Scrips Single Scrips
Equity mutual fund	Up to 60% of the NAV	Approved Mutual funds list
Debt mutual fund	Up to 85% of the NAV	Approved Mutual funds list
Listed bonds/ Convertible debentures	Up to 70% of the market price	Approved bond list
Life insurance policies	Up to 75% of the surrender value	Approved insurance companies

* Terms & conditions apply. Loan disbursal is at the sole discretion of Axis Bank Ltd.

Maximum Sanction Amount for Digital Loan against Shares

Collateral	Loan amount
Debt mutual funds	Up to ₹2 crores
Equity mutual funds (In physical format, RTA: KFIN/CAMS )	Up to ₹10 lakhs
Demated shares and equity mutual funds (depository: NSDL)	Up to ₹20 lakhs
Bonds	Up to ₹20 lakhs

*Final drawing power is given based on the pledged/lien marked securities.

Types of loan against securities

Meet your urgent requirement for cash without liquidating your securities. Pledge your securities to get instant loans against bonds and other collaterals and enjoy various other benefits at attractive interest rates. Get access to high-value loans against a wide range of collaterals with Axis Bank’s Loan Against Securities (LAS) from the comfort of your home.

Equity shares

Get a loan against shares at an LTV (Loan-to-Value) ratio of 50%-60%* with an overdraft (OD) facility of up to 50% of the value of the shares. A good number of multiple and single scrips now qualify as approved security.

Equity mutual fund

Avail loan at an LTV ratio of 50%-60%* with an OD facility of up to 60% of the NAV (Net Asset Value). Check whether your equity scheme forms a part of your approved mutual funds.

Debt mutual fund

Being a safe investment avenue, you can avail of a loan against debt mutual funds at an LTV ratio of 70%* and also enjoy an OD facility of up to 85% of the NAV.

Listed bonds/ Convertible debentures:

When you opt for Axis Bank’s LAS, you pay interest only on the utilized amount. For listed bonds and convertible debentures, avail of a loan at an LTV ratio of 50%-60%.

Life insurance policies

To keep your life insurance policy as collateral, contact your nearest Axis branch for details and proceed with a non-digital loan application.

Things to consider about loan against securities

Eligibility check
The basic eligibility criteria remain the same, but it is also a good decision to check for lender-specific eligibility criteria.
Wide range of approved securities
Not all banks offer loans against securities. Thus, opt for a bank that offers loans against equity mutual funds, loans against debt mutual funds, and other securities.
Amount of loan
Lenders offer a certain percentage of pledged security as a loan which may vary for different securities. For example, the percentage for loans against equity mutual funds differs from that for loans against debt mutual funds.
Interest rates
Opt for a bank that offers high-value loans at attractive rates.

Quick downloads

APR Calculator

The Annual Percentage Rate (APR) is a method to compute annualised credit cost, which includes interest rate and loan origination charges.

Loan amount

₹

15Cr

Interest Rate (p.a)

8% 26%

Tenure (Months)

12M240M

Loan originated charges

₹

50L

Loan origination charges should not be more than loan amount.

Explore Loan Products

APR

8.00%

Important Links

List of loan centers

Fair practice code for lenders

Form

Authorised agencies

What our customers say about us

Himanshu appreciated the seamless process
The Process of taking the loan digitally is so quick and paperless. I was able to complete the entire process in just three steps. The fact that you can take a loan in just three minutes still feels quite astonishing to me.
Ravi appreciated the product and digital journey
Loan Against Securities is a brilliant product offered by Axis Bank. The process of obtaining the loan couldn’t be easier and the overall experience was phenomenal. I really like the fact that this product comes with an overdraft facility- which means you only pay interest on the amount you utilize.
Vikas appreciated the user experience and the Overdraft facility offered
Loan Against securities offered by Axis Bank offers a brilliant digital experience. You can avail a loan upto 2 Cr in just three minutes. The Loan disbursement happens immediately. But, along with this the fact that you are only charged interest for the amount you utilize makes it a very interesting product indeed.
Sanket was overjoyed with the simplicity of the 24X7 Loan Against Securities combined with the usefulness
Loan against securities helped me fulfil my financial needs instantly. The entire process took only three minutes to execute. I was able to access my funds instantly. My investment stays intact, and I get access to instant liquidity. The product also comes with an overdraft facility which means you only pay interest on the amount you utilize. Brilliant Product offered by Axis Bank!!

Frequently Asked Questions

Having taken up a loan, you sometimes require another helping hand to fulfil your plans for a need that has cropped up now.

Know More Apply Now

Instant funds for your personal needs in just a few clicks

Know More Apply Now

Get instant access to funds for your immediate requirements

Know More Apply Now

A Loan against Securities is a smart and convenient option for getting instant access to funds by pledging your shares, mutual funds and other marketable securities as collateral. For instance, you can take a loan against stocks by putting stocks as the collateral.
In simple words, a Loan against Securities is a flexible and hassle-free opportunity to get the money you need without having to sell your investments. It is like having emergency funds at your fingertips.

A Loan against Securities is a financial cushion designed to help you when you need funds for something important but do not want to ruin your long-term plans.
For instance- it can help you cover the expenses related to weddings, kids' education, home renovations, medical bills or any other emergency that comes your way.

Yes, you can pledge additional securities in the same loan and boost your credit limit.

You can pledge securities in Demat form such as Shares, Equity Mutual Funds, Debt Mutual Funds, and Bonds. Only the pledged securities will be considered as collateral. No additional collateral can be used to avail this loan.

The Reserve Bank of India (RBI) vide its circular no DBR.DIR.BC.No.14/13.03.00/2019-20 on “External Benchmark Based Lending” dated September 04, 2019 and RBI vide circular no. DBR. Dir. No.85/13.03.00/2015-16 on “Interest Rate on Advances” dated March 03,2016 , updated as on September 04,2019 has advised to link all new floating rate personal or retail loans (housing, auto, etc.) and floating rate loans to Micro and Small Enterprises extended by banks with effect from October 01, 2019 to external benchmark which can be one of the following:

- Reserve Bank of India policy Repo rate
- Government of India 3-Months Treasury Bill yield published by the Financial Benchmarks India Private Ltd (FBIL)
- Government of India 6-Months Treasury Bill yield published by the FBIL
- Any other benchmark market interest rate published by the FBIL.

In line with the above circular, Axis Bank has adopted Repo rate as the external Benchmark lending rate with effect from October 01, 2019.

New customer at Repo rate : - All new floating rate loans and credit limits renewed with effect from October 01, 2019 will be linked to Repo rate.

Existing customer at MRR/BPLR/Base rate/MCLR: - Existing loans and credit limits linked to MRR/BPLR/Base rate/MCLR shall continue till repayment or renewal, as the case may be. Only if existing customers approach us and give request for switching from MRR/BPLR/Base rate/MCLR to Repo rate then only it will be changed. Once transitioned to Repo rate, the customer can’t switch back to the old benchmark rates.

All floating rate loans will be linked to Repo rate. The rate offered to you shall be the Repo rate plus spread. It may be noted that the Repo rate would be reset every three months.

Further, the Bank is free to decide the spread over the Repo rate. The spread may undergo a change during the tenure of the loan.

Bank will publish the Repo rate every month on a pre-announced date. The rate applicable to you would be the prevailing Repo rate for that month.

For all loans linked to Repo rate, the reset frequency would be three months.

Yes, you can avail digital Loan against securities if you have demat account of NSDL. For loan against Mutual Funds anyone can apply who is registered with either KFIN/CAMS. But we are working on accommodating all customers in the upcoming versions of this product. Meanwhile, please reach out to your nearest branch to gather details on the same.

You can find out about your credit limit/drawing power during the application process. In case you have already taken out the loan, you can easily check your available credit limit anytime through our Axis Mobile app or internet banking.

The interest rate for a Loan against Securities is subject to change and depends on the type of LAS you have applied for. For example- the interest rate for an Instant Loan Against Securities is around 11.49% p.a. while for a Physical LAS, it ranges between 11.50% and 13.75%. It is essential to know the current interest rate for a Loan Against Securities before applying.

Yes, you can foreclose your Loan against Securities account whenever you want without worrying about any extra foreclosure fees.

Any customer having 1 single scrip can avail this loan provided the scrip is a part of the approved list of single scrips by Axis Bank. The list of approved scrips can be accessed here.

A customer can get upto 85%* of the actual value of the security pledged by them. The exact amount depends on a couple of factors such as type of securities pledged etc.

Customers can get a minimum of ₹25,000 in lieu of Equity securities and ₹1,00,000 for Debt and maximum of ₹20, 00,000 for Equity and ₹2 Cr for Debt instantly from the comfort of their home.

YES, for all floating rate loans/credit facilities, if customer is on MRR/BPLR/Base rate/MCLR, customer can give request to move to Repo rate. Hence, the benchmark rate and spread shall undergo a change. Since the effective rate is being kept the same, only an administrative fee shall be charged from you.

You are requested to visit the nearest loan center along with the co-applicant(s) and/or guarantor(s), since there would be additional documentation involved.

No, there is no option to move back from Repo rate to Base rate/BPLR/MRR/MCLR.

Applicable Repo rate for each month will be updated on Axis Bank Website.

You will come to know through our Website / SMS / Email/ letter as deemed fit.

Yes, you can enhance the drawing power by pledging more securities.

Yes, you can make part payments on your Loan against Securities anytime with no extra charges or penalties.

Yes because taking a Loan Against Securities does not affect your investor benefits so you will still receive returns, such as dividends and bonuses, as usual.

Yes, customers will be able to receive all bonus/dividends on the securities pledged by them.

Terms & Conditions

Bank reserves the right to reject any application/renewal without assigning reasons thereof. It shall be the sole right of the bank to consider the proposal on a case-to-case basis after considering the credentials/creditworthiness of each customer.
No loan under this scheme is granted for investment in capital market instrument or for speculation purpose.
The overdraft facility shall be disbursed / renewed only after all the required documentation and pledge creation formalities are complete.
The margin requirement will be reviewed regularly. In the event of any volatile fluctuations in the prices of the units, the client shall make good the shortfall, if any, within four days, failing which the security will be enforced.
The applicant will undertake to inform the bank as and when there is a change in address or employment.

The terms & conditions mentioned above and elsewhere under the scheme are subject to modification from time to time solely at Bank's discretion.

All of the above is subject to terms & conditions.

Learning Hub

Look through our knowledge section for helpful blogs and articles.

Jan 30, 2026

3 min read

207 Views

Top benefits of Loans Against Securities

Considering taking out a loan against your securities, such as a life insurance policy or shares? Explore the pros and cons to make a wise decision with Axis Bank....

Jan 30, 2026

3 min read

155 Views

A stitch in time: My experience with Loan Against Securities

Discover how Loan Against Securities (LAS) became the lifeline for borrowers during a financial crisis.

Jan 30, 2026

3 min read

324 Views