How can I avail the Loan Against Securities (LAS) facility?
The registration process for a Loan Against Securities (LAS) differs based on your demat account and security type.
|Account/ Security||Application Method||Fund Disbursal|
|NSDL Demat Account (single holder)||Online||Within 48 hours|
|CDSL Demat Accounts||Physical application by submitting the required forms at a Geojit branch||Within 48 hours|
To register for the LAS facility:
Digital Loan Against Shares, Loan Against Mutual Funds, Loan Against Sovereign Gold Bonds (SGB): You will have to create an account, complete your KYC and e-sign the loan agreement on the LITS platform. The following documents must be uploaded
|1.||Passport size photo|
|3.||Address proof (Aadhaar / Driving License / Passport / Voter ID) |
|4.||Bank Account proof (Cheque leaf with printed name / Bank statement)|
|5.||Signature on a white paper|
|6.||Income Tax Return (ITR) copy (for loans above Rs. 10 lakhs)|Loan Against Shares (Offline): You will have to sign/submit the following documents at a Geojit branch.
|4.||Demand Promissory Note|
|6.||Pledge Form (Annexure W)|
|7.||Self-attested PAN Card copy |
|8.||Self-attested PAN Card copy Self-attested Address proof (Aadhaar / Driving License / Passport / Voter ID)|
|9.||Bank Account proof (Cheque leaf with printed name / Bank statement)|
|10.||Income Tax Return (ITR) copy (for loans above Rs. 10 lakhs)|
Still need help?