Loan Against Securities- an Instant Overdraft Facility
Loan Against Securities (LAS) allows you to borrow funds and retain portfolio/ investments and fulfill immediate/short-term requirements at the same time.In Loan Against Securities pledge your Equity Shares, Mutual Fund Holdings, etc. Prakash72 Brings you a quick and secured financing Loan against securities from Rs. 25,000 onwards to Rs.100 Cr rates starting from 10.25 % per annum only on amount and duration utilised.
Unlocking the Benefits of LAS
Full Ownership
Stay invested with full ownership while enjoying market gains.
Dividends and Interest
Keep earning dividends and interest even while availing the loan.
Portfolio’s Value
Tap into your portfolio’s value to seize new wealth-building opportunities.
No fixed EMIs
Pay interest only on what you use, when you use it.
Competitive Rates
Enjoy competitive rates, charged solely on the drawn amount.
Repay Anytime
Repay anytime, partially or fully, without penalties.
No Extra Cost
Close the loan whenever you like—no extra cost, no hassle.
No Lock-in Period
Walk out anytime (No Lock-in Period)—perfect for short-term or emergency needs.
Our Partners
Mirae Asset Financial Services
Bajaj Finserv
Standard Chartered
Eligibility
Prakash72 is facilitating loans against securities to the following categories that are Indian registered for a tenure of 12 months and renewable thereafter up to 3 years.
- Individuals
- Corporates
- HUF & Partnerships
Contact our relationship manager now to request a quick assessment of loan to value for your securities.
Types of Securities
LAS can be availed against a multitude of securities as listed below:
- Loan against Equity Shares
- Loan against Mutual Funds
- Loan against Stocks
Required Documents
- Photo Identity Proof
- Address Proof
- Bank Statements
- Securities Proof
- Statement of Holding
9,214
Partners in 769 cities across India
57,790
Customers spread over 3,000 pincodes
47,26,530
Transactions Executed
Rs. 6,349
Crore- Transaction Value
Frequently Asked Questions (FAQs):
1. Is Loan Against Securities a Good Idea?
Loan against securities is suitable for those individuals who require emergency funds but do not want to sell their investments. It works similar to an overdraft facility but is cheaper.
2. What Is a Loan Against Securities?
Loan against securities is a loan that a customer can avail by pledging his or her investments in favor of the lender. This loan can be availed without selling your investments.
3. What is the Purpose of Loan Against Securities?
Loan against securities come as a quick funding respite for contingencies, personal needs and sometimes even for the undefined goals. They are also one of the most convenient and quick forms of loan one can avail at ease.
4. Important Features of Loan Against Securities at Prakash72
- Easy and convenient process.
- Can be availed online.
- Only interest is paid on amount and duration utilised.
- You can swap the pledged securities
- Comes with a wide range of approved securities
- Exclusive Relationship Support from Prakash72
5. Do We Have the Option of Foreclosure or Part Payments on My Loan Against Securities?
Clients can choose to foreclose loans against securities any time after the payments of interest and principal amount.
6. Is There Any Option to Pledge Securities of My Family Members to Apply for a Loan Against Securities?
An overdraft account will be set up with customized drawing limits allowing you to utilize the funds as and when required. This drawing limit will be based on the quality and quantity of shares and other securities pledged by you.