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Home,Loan Against Securities (LAS)
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Loan Against Securities (LAS)

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At Piramal Finance, we provide Loan Against Securities to eligible clients. The acceptable securities are Open Ended Mutual Funds, Equity Shares, and other acceptable securities etc. It is a Flexi Loan – Disbursement in one or more tranche(s) which enables customers to withdraw money as per their requirement. Interest is charged only on utilized amount for the period of utilization.

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Key Features of Our Loan against security Loan

Loan Amount

30 minutes

Loan Account Creation

Loan Tenure

Higher LTV

for debt Mutual Funds

Low Interest Rates

Online pledge

of Securities

Instant Approval & Disbursal

Minimal Credit process

for loan upto 2cr

100% Digital Process

Geo Coverage

presence in top 50 cities

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Frequently asked questions

What is the purpose of the Loan Against Securities?
LAS Product will help you to meet your Personal/ Business needs without liquidating your investments. You can raise funds instantly in case of any emergency.
Who can avail LAS?

LAS Product is offered to Individuals (Only Resident Indians).

  • Salaried
  • Self-Employed Professionals
  • Self-Employed Non-Professionals
What is Minimum and Maximum Loan Amount in LAS?
Customers can avail minimum Loan Amount of Rs 50,000 (50K) and Maximum upto Rs 5 Crores
What is Loan tenure?
Loan Tenure is upto 1 year. Customer can further Renew Loan facility upto 2 times for 1 year each.
What is the age Limit?
Minimum age limit to avail LAS facility is 21 years.
How is interest calculated and collected?
  • Interest is calculated on the basis of daily outstanding balance and debited into Loan account on the last day of the month.
  • Interest is charged on amount used and for the period it is used.
  • Interest needs to be paid on or before 5th day of following month.
  • A monthly notification shall be sent to Customer informing about the interest due. Interest will be collected through ECS. (Currently we do-not accept repayment by cheque).
  • Interest to be serviced monthly and Principal as a bullet repayment at the end of loan tenor.
Is there any pre/repayment charges?
Customer can withdraw and repay loan at any time. There are no charges for any early payments.
I don’t have any investment or Demat account with Piramal, can he still open LAS account with Piramal.
Yes. Customers doesn’t need to have any prior relationship with Piramal, to open LAS Account.
Maximum number of Securities I can lien / pledge?
Client can Lien / Pledge any number of Mutual Fund Schemes / Shares. Limit will be provided against approved securities only. Also, client to note the charges of Lien / Pledge Release.
Can I Un-lien additional LAS in case of excess margin?
Yes, client can Un-lien his mutual funds (up to excess margin) by requesting Piramal Enterprise Ltd.
What are the applicable charges?

To view the charges associated with loan account, Click here.

* Note: The ROI / PF and other charges may varies at me of loan account opening at discreon on lender

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