What is Loan against Stocks (LAS)?
Loan against Stocks is a secured lending solution where you can borrow money by pledging your existing stocks and ETFs as collateral. This allows you to access funds without selling their investments, thereby retaining ownership and potential for future gains.What is the tenure of loan against stocks?
The tenure of the loan is up to 36 months. During this tenure, you can do part-prepayment or foreclosure of the loan without any charges.
What is the process for availing a loan against stocks?
You can get a loan against stocks online on smallcase in 4 easy steps – a completely digital and paperless process.- Import your stocks and ETFs investments
- Add a bank account for receiving funds and set up a mandate for monthly interest auto-debit
- Pledge your stocks with the lender
- Sign the loan agreement online