Loan against Shares (LAS)

Loan against Shares offers you instant liquidity. It helps in sourcing funds for any personal requirements or to increase holding/ investment in listed collaterals and you don’t have to sell your securities.


How to obtain this facility?

  • Just execute a loan agreement with ARGFL
  • You will then be offered with you a Loan facility up to a value determined based on your existing portfolio
  • You can avail sanction limit based on your requirements just like an overdraft facility from the bank
  • There is no minimum commitment charges, no hidden cost and no early payment charges other than interest on your actual utilization of limits
  • Moreover, our sanction limit is flexible based on movement of your portfolio and its valuation


Eligibility requirements

  • Individuals, Firms, HUFs, Private & Public Ltd companies can apply
  • Indian Residents in age group of 18 to 65 years
  • Only on approved shares held in demat form
  • Equity shares should be fully paid and should not be in lock-in mode
  • Minimum Networth of INR 2 lacs


Please check the approved shares list required:

Approved Shares List: Click here

For KYC Documents: Click here

 

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