The State Bank of India (SBI) Loan Against Securities lets you unlock the hidden value of your investments. Whether you hold shares, mutual funds, bonds, or debentures, SBI enables you to use them as collateral and get immediate financial assistance without selling your assets. This is one of the smartest ways to meet short-term financial needs while continuing to earn returns on your investments.
💰 Apply Now – Unlock Funds Instantly
🌟 Key Highlights of SBI Loan Against Securities
- Loan Amount: Up to ₹20 crore depending on security value.
- Interest Rate: Competitive rates starting from 8.9% p.a.
- Tenure: Flexible repayment up to 36 months.
- Security: Shares, mutual funds, bonds, ETFs, government securities.
- Processing Time: Quick disbursal within 24–48 hours.
- Facility Type: Both Loan and Overdraft available.
💼 What is SBI Loan Against Securities?
The SBI LAS allows individuals to borrow money by pledging financial instruments like shares, mutual funds, and bonds. The securities remain in your name, and you continue earning dividends and returns, while SBI gives you access to liquidity when required. It’s an excellent alternative to selling your investments during emergencies.
⚙️ How Does It Work?
- You pledge your securities through SBI’s online or offline process.
- The bank assesses the market value and provides a sanctioned amount (typically 50–70% of the collateral value).
- You can withdraw the sanctioned amount anytime through overdraft.
- Repay interest only on the utilized loan amount.
📊 Eligibility Criteria
- Indian resident aged between 21 and 65 years.
- Holding eligible securities (listed shares, mutual funds, or bonds).
- Stable income source preferred.
- Satisfactory CIBIL score (above 700).
📂 Documents Required
- Valid ID proof (PAN / Aadhaar / Passport)
- Address proof (Utility Bill / Aadhaar / Rent Agreement)
- Recent passport-size photographs
- Proof of holding securities (Demat statement or mutual fund folio)
- Bank statements of last 6 months
🏦 Benefits of Taking Loan Against Securities from SBI
- ✅ Continue to earn dividends and capital gains.
- ✅ No need to liquidate your long-term investments.
- ✅ Instant approval for existing SBI customers.
- ✅ Simple online pledge and repayment process.
- ✅ Transparent terms and flexible withdrawal facility.
- ✅ Use for education, home renovation, business expansion, or emergencies.
📱 How to Apply for SBI Loan Against Securities Online
- Login to the SBI YONO App or visit the official SBI website.
- Navigate to Loans → Loan Against Securities.
- Fill in your investment details (shares, mutual funds, etc.).
- Upload KYC and income documents.
- Accept terms and complete the e-sign process.
- Funds are credited directly to your bank account.
📈 Loan Calculation Example
If you pledge mutual funds worth ₹10 lakh, SBI may offer up to 60–70% loan value, i.e., ₹6–7 lakh.
At an interest rate of 9% for 12 months, the EMI would approximately be ₹61,000 per month.
💸 SBI LAS vs Personal Loan – Which Is Better?
| Feature | Loan Against Securities | Personal Loan |
|---|
| Collateral Required | Yes (Shares/Mutual Funds) | No |
| Interest Rate | Lower (8.9%–10%) | Higher (10.5%–15%) |
| Loan Amount | Depends on investment value | Based on income |
| Processing Speed | Fast (24–48 hours) | Moderate (1–3 days) |
| Ownership of Assets | Remains with you | Not applicable |
💡 Expert Tips Before Applying
- Compare interest rates for different security types (mutual funds vs shares).
- Keep a buffer in your account to avoid margin calls during market volatility.
- Use the loan amount wisely – avoid investing borrowed money in risky assets.
🏦 Top 5 Loan Apps Compatible with SBI LAS
- 1. SBI YONO App – Manage all SBI loans easily.
- 2. PaySense – Flexible repayment options.
- 3. Money View – Smart credit management tools.
- 4. KreditBee – Instant disbursal in minutes.
- 5. CASHe – Short-term funding for emergencies.
🔗 Explore More SBI Loan Pages
⚠️ Disclaimer
This article is for educational purposes only. We are not affiliated with the State Bank of India. All loan offers, eligibility, and rates are subject to official SBI policies. Please verify all information on the official SBI Website before applying.