I do not have a demat account with Geojit. Can I avail the Loan Against Securities (LAS) facility?
Yes, you can avail the facility without a Geojit demat account.
Only availing a Loan Against Mutual Funds requires you to hold units in a Geojit demat account.
| Product | Demat Account Requirement |
|---|---|
| Demat Account Requirement | Shares must be held in a single holder NSDL demat account with any DP (broker) |
| Loan Against Shares | Shares must be held in a demat account with any DP (broker) |
| Loan Against Mutual Funds | Units must be held in your Geojit demat account |
| Loan Against Sovereign Gold Bonds | Units must be held in a demat account with any DP (broker) |
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