What is Loan Against Securities (LAS)?
Loan Against Securities (LAS) is a financial instrument offered by Geojit Credits that gives you access to funds against your financial assets.
- You can access the Loan Against Securities facility against holdings of equity shares, mutual fund units and sovereign gold bonds.
- Interest is charged on the outstanding amount and only for the time funds are used.
- Loans will be provided for a period of one year at a time and are renewable based on mutual consent.
- With this, you can meet any contingencies and take care of your investment and personal needs.
| Product | Loan to Value | Interest Rate |
|---|---|---|
| Loan Against Shares | Up to 60% | 10.99% - 11.49% |
| Loan Against Mutual Funds | Up to 55% | 10.99% - 11.49% |
| Loan Against Sovereign Gold Bonds | Up to 35% | 11.99% |
Digital Loan Against Shares can be availed online provided you have a single holder NSDL demat account. If not, you can submit the required forms at a Geojit branch to make a physical application.Still need help? Create Ticket
