• Get up to 50% of the value with any Depository Participant.

• You are free to pledge shares from any Depository (NSDL or CDSL) and any Depository Participant across the country.

• NRIs can choose from options of shares, Mutual Funds (equity, debt of FMPs), insurance policies, NSC or KVP.

• When you opt for an HDFC Bank Loan Against Securities, we will create a Current Account with an overdraft limit for you. This way, you can enjoy all the facilities and benefits that come with a Current Account. You will also have access to features such as Phone Banking, NetBanking

• Individual customers who have an existing Demat Account with HDFC Bank can easily apply for a Loan Against Securities through NetBanking. To avail of the loan, simply log in to NetBanking using your Customer ID and IPIN. Click on the Demat Tab, and then click on the Request option on the left-hand side of the screen. Finally, click on Loan Against Securities, and select the shares that you'd like to offer as collateral from your Demat Account.

• High Loan to Value 
  Get a loan worth up to 80% of the value of the securities pledged, with the minimum loan amount of Rs. 50 thousand. 
• Loan End Use
  The HDFC Bank Loan Against Securities is provided only for personal purposes. The loan amount cannot be used for speculative activities, any purpose linked to capital market activities, or for any anti-social purposes. All credit provided is at the absolute discretion of HDFC Bank.
• Easy Repayment 
  Service your interest payments through credits in your account every month. The interest is calculated only on the amount of the loan actually used by you.
• Transparent Processing 
  All our charges are communicated up front, at the time of the processing of the loan. HDFC Bank Loan Against Securities comes without any prepayment and foreclosure charges and relieves you from the stress of dealing with post-dated cheques.
• Quick and Efficient Servicing 
  With our doorstep service and efficient servicing processes, your loan will be processed quickly. Our Loan Against Securities has a dedicated help desk, to help you with the entire process.
• Interest Only on Actual Amount Used 
  When you opt to take a Loan Against Securities, you don't need to worry about paying interest on the entire loan amount. You will be charged interest only on the actual loan amount you use. Interest will be calculated on the daily outstanding balance and debited to your account at the end of every month. 
   
  Note: With effect from 1st Jan 2011, the interest rates in Loan Against Securities (LAS) a/cs are linked to Base Rate. Any movement in Base Rate of the Bank would have a similar impact on the Rate of Interest in LAS a/c. 
  W.E.F 1st April 2016 for all new LAS a/cs opened or renewed the interest rates
  applicable are linked to MCLR (Marginal Cost of Funds based Lending Rate).
  W.E.F 1st October 2019 for all new LAS a/cs are opened with fixed interest rates & all renewals are linked to External benchmark ​​​​​​​ 

The HDFC Bank Loan Against Securities Rates & Fees are as follows:

Annual Maintenance Charge (AMC)*: ₹1,800 + GST (as applicable)

Processing fee/Loan processing charge*: 

• Digital- ₹1,499

• Physical- Equity/DebtMF/FMP/GDC Bonds ₹3,500/- 
  NSC / KVP / GDC / Insurance policies

Processing Fee on enhancement cases: ₹500/- for all Physical and Digital cases

Stamp duty and other statutory charges: As per applicable laws of state

Click here to view more details of the fees & charges.

We are changing the Interest Debit date for all LAS OD customers of HDFC Bank, effective March 2023.

Effective from 01-03-2023, we are changing the interest rate cycle (period for which we will charge interest due) as per below: -

To ensure a smooth transition in line with the above change:

• In the transitional month of this change, we will be charging the interest due from the 01/03/2023 to 05/03/2023. SI for this interest will be executed on 10th of the month.

• After that, from April 2023, interest will be charged on the 5th of every month and standing instruction will be executed on 10th of the Month.

Customers servicing the interest on Self-Service mode to service immediately on the debit.

• Available quantity refers to the free scrips available for pledging.

• Please note that the Demat holdings shown in your account are as of previous working day. The final loan limit will be based on the value and quantity available at the time of pledging of securities.

• Minimum loan amount for eligibility is ₹1,00,000 and the maximum is ₹20,00,000. Please adjust the quantity of scrips for pledging in case your limit is not in the range.

• Please select only Equity shares for pledging.

• Shares of minimum 2 different companies (different ISIN) need to be pledged. (Single scrip lending also available, kindly refer to our approved list for details)

• The contribution of any single scrip should not exceed 65% of the total portfolio value at any point of time.

• In case the Demat account is jointly held, the authorisation of the joint Demat account holders would be required. Bank representative will visit you for the sign off.

• Terms and conditions apply, limit setting subject to documentation being completed and signed off.

• Credit is at the sole discretion of HDFC Bank Ltd.