What is Loan Against Shares? (LAS):

One of the most popular investment avenues with good returns that most of us are familiar with are stocks and shares. However, apart from the normal returns which are expected out of your stocks, there is something much more that you can derive out of them. This is where Loan against Shares (LAS) comes into the picture.
Loan against Shares (LAS) is a secured loan as your shares, debentures or mutual funds, bonds, etc. are kept as a collateral security when this loan is advanced to you. In short, LAS is a great way of raising capital when in need of funds without liquidating any part of your well accumulated portfolio over a period of time.

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In order to meet your short-term financial needs, SBI Loan Against Shares offers a good choice as you do not have to sell your stocks in haste. It is the ideal way to get liquidity without actually liquidating your stocks. If you are a business owner requiring immediate funds, LAS is the most appropriate financing solution for you. Salaried individuals in need of immediate liquidity may also opt for this financing solution. Loan Against shares may also be taken for specific personal goals like marriage, holiday or for a child's education loan.

Key Highlights

  • No processing Fees
  • We charge Zero Processing fees on the loan against shares whereas other banks charge Upto 1% of application amount
  • Low interest rates
  • We charge extremely competitive interest rates on the Loan against Shares
  • Transparent & Easy Online Application
  • Transparent application process with just 3 easy steps – “Fill form online, Print & sign and scan & send” it to designated email id & SBI Branch address.
  • Anytime & Anywhere facility
  • With easy online application, you can apply for LAS anytime & anywhere. No need to visit any branch in person.


  • Economical overdraft facility
  • Interest is charged on the loan outstanding/limit utilized
  • Intact Ownership of Shares
  • You can enjoy your rights of receiving corporate actions such as dividends and bonuses along with gaining from the price movements in the shares for which you have availed the loan from the bank.
  • Maximum Repayment Period of 30 months
  • We offer you maximum repayment period of 30 months which is relatively on the higher side as compared to our peers or competitors
  • No Additional Documents - Income Proof Require
  • No additional documents like KYC documents, Income proof, IT returns documents are required, therefore administrative effort is kept as minimal as possible.
A.Minimum & Maximum Loan Amount for Loan against Shares is Rs. 50,000 to Rs. 20 Lakhs. The final sanction amount will depend on your portfolio value and various other criteria.
A. You can repay the loan at any point of time during the loan tenor by repaying the due interest and principal loan amount through RTGS / NEFT / Cheque
A. All your information is secure with us. The online application is a completely secured application using state-of-the-art security systems.
A.No. SSL DP (CDSL or NSDL) account is mandatory to avail LAS. In case if you holding in any other DP account then please transfer it to your SSL DP account.
A. Loan to Value is 50%.
A. You can release your pledged securities by simply repaying the outstanding loan balance.
A.Although shares are pledged, it will remain in your name only.
A.Yes, all the shares must be in the Demat form only.
A.Yes, you can avail a loan against your shares by simply converting them into the dematerialized form through a depository account.
A.No personal guarantor is required to avail the facility.
A. With our online application facility, you can apply for a Loan Against Shares from wherever you are.
To apply click on https://retail.onlinesbi.com/las/loanagainstsharesinit.htm
A.Yes, you can make part-prepayment or foreclosure of your loan during loan tenure without any additional charges.
A. SBI offers LAS facility at “Nil” processing fees & the rates of interest offered by SBI are one of the lowest in the industry. Other norms regarding loans against shares have been stipulated by the Reserve Bank of India.
A. Apart from below charges, there are no any other hidden charges.
- Stamp Duty at the rate of 0.2% of the Loan Amount + Rs 100 will be recovered from the customer at the time of Loan Disbursement.
- Review Charges Rs.1000 + Applicable GST (Applicable only for Overdraft A/C after 1 year).
- Annual Maintenance Charges of Rs. 550 + Applicable GST (Applicable only for Overdraft A/C yearly).
Demo to SBI LAS Application Process

To understand more about SBI LAS Online Application Process, please click on below video.