Loan Against Securities (LAS)
Eligibility & Documents

A Loan Against Securities (LAS) allows you to access funds by pledging your financial assets instead of selling or liquidating them. Approved securities such as shares, mutual funds, bonds, or ETFs can be used as collateral, ensuring your investments continue to generate returns while you meet your immediate financial needs.

This makes LAS a practical financing solution for business expansion, emergency expenses, or personal goals. With competitive Loan Against Securities interest rate options and high-value funding ranging from INR 5 lakhs to INR 40 crore*, it offers both flexibility and speed. But before applying, it is essential to know about the Loan Against Securities eligibility and documents to ensure a smooth application and approval process.

Keep reading to explore the eligibility requirements and the LAS document checklist.

Loan Against Securities (LAS) Eligibility Criteria

To qualify, you must meet the following Loan Against Securities eligibility requirements:

• You must be an Indian resident. Non-individual entities, such as companies (public or private limited), partnership firms, Limited Liability Partnerships (LLPs), sole proprietorships, private trusts, and Hindu Undivided Families (HUFs) are also eligible to apply.
• You need to be at least 21 years old at the time of application.
• Proof of a stable and verifiable income is required to demonstrate strong repayment ability.
• A savings, current, and Demat account with a recognised financial institution must be in place before applying.
• You should pledge from the approved shares and mutual funds list with a minimum value of INR 10 lakhs. Eligible securities for LAS also include bonds and exchange-traded funds (ETFs).
• The minimum CIBIL score for LAS is 600, supported by a consistent credit history.

Please note that this is only the basic Loan Against Securities eligibility criteria. Actual eligibility will depend on a number of parameters, including SMFG India Credit’s policy at the time of loan approval.

Documents Required for Loan Against Securities (LAS)

Here are some of the documents needed for LAS applications:

In line with your Know Your Customer policy
**As applicable

Please note that in case of co-applicants, basic paperwork such as PAN, KYC documents for LAS, etc., will also be required.

The above list is indicative. Depending on the specific loan product, your profile, and our policy at the time of loan application, additional Loan Against Securities documents may be requested.

Note:

• For onsite verification, applicants must keep original identity and address proofs, along with other supporting documents, ready. This may not apply to digital KYC.
• If your address proof does not carry the updated address, one of the Deemed OVDs may be presented. Click here for the list.
• Within three months of submitting the initial address proof document, an OVD showing the current address must also be submitted.

How to Apply for a Loan Against Securities (LAS)

Once you are clear with your Loan Against Securities eligibility and document requirements, follow these steps to easily apply for an LAS with SMFG India Credit online:

1. Click here to begin your Loan Against Securities application online.
2. Fill in your basic personal information along with details of the securities you wish to pledge.
3. Once submitted, you’ll receive a reference number. A representative from SMFG India Credit will then contact you to guide you through the next steps.

If you prefer applying offline, you can visit your nearest SMFG India Credit branch and connect with a customer care representative. You may also reach us at our toll-free number 1800 419 8900 (available from 9:00 AM to 7:00 PM on all days except Sundays, the 4th Saturday of the month, and public holidays), or email us at [email protected].

Apply Today to Access Capital Without Selling Your Securities

With SMFG India Credit, you can avail a Loan Against Securities ranging from INR 5 lakhs to INR 40 crore* against your existing investments. This facility can help you meet business expansion goals, manage emergencies, or seize time-sensitive opportunities without liquidating your holdings.

Our straightforward eligibility criteria and clear LAS required documents ensure a smooth and fast application process. Apply online today to experience a hassle-free way to access funds while preserving your long-term investments.

Apply for Loan Online