Where to Get LAS in India? Top Banks & NBFCs For LAS in 2025

Need funds fast but don’t want to break your investments? Whether it’s an emergency, business expansion, or personal need, Loan Against Securities (LAS) is a smart way to raise money without redeeming your mutual funds or shares.

In this article, we’ll walk you through the best banks and NBFCs offering LAS in India, how LAS works, and how to pick the right provider for your financial goals.

Which banks offer LAS in India?

Let’s explore how LAS works and what top banks bring to the table.

What is LAS and how does it work?

A Loan Against Securities (LAS) allows you to borrow funds by pledging your financial assets — like mutual funds, shares, ETFs, or bonds — as collateral.

Say you have mutual funds worth ₹5 lakhs. Depending on the lender’s LTV (Loan-to-Value) ratio, you might get up to ₹4 lakhs as a loan — without selling your investments.

You keep earning returns on your portfolio while meeting urgent liquidity needs.

Which banks are the top lenders?

Here are some of India’s leading banks offering LAS:

• HDFC Bank: LAS against shares, bonds, mutual funds; interest from ~10.50% p.a.
• ICICI Bank: Digital LAS for demat shares and mutual funds.
• Axis Bank: Loans up to ₹1 crore; wide range of accepted securities.
• SBI: Offers LAS through offline channels against shares and bonds.

Each bank has unique eligibility norms and accepted instruments.

What makes a bank LAS-worthy?

Consider these factors while choosing a bank:

• Transparent pricing and zero hidden fees
• Faster approvals with minimal friction
• Digital process to avoid paperwork
• Flexible repayment like interest-only EMIs

Tip: Always check the lender’s Key Fact Statement (KFS) before applying. Check out our detailed explanation on the KFS and why it matters.

Are NBFCs better than banks for LAS?

NBFCs and fintech lenders are quickly becoming the go-to LAS option.

Which NBFCs offer LAS in India?

Notable NBFCs and platforms include:

• Bajaj Finserv: Up to ₹10 crore LAS against various securities
• Groww: Quick LAS against mutual funds via app
• IIFL Securities: Offers LAS for HNIs and retail investors
• Quicklend: A fintech platform offering fast, digital loan against mutual funds

What advantages do NBFCs provide?

NBFCs often stand out for:

• Same-day disbursal (as fast as 4 hours)
• Minimal documentation
• 100% digital application and KYC
• Flexible repayment – top-ups, interest-only EMIs, no foreclosure charges

Learn how Quicklend can help you borrow against your mutual funds with ease.

When should you choose an NBFC?

NBFCs are ideal when:

• You need funds urgently
• You want a seamless digital process
• You prefer minimal eligibility barriers
• You value flexibility over formality

What are the possible downsides?

A few caveats to keep in mind:

• Interest rates may be slightly higher than banks
• Offline support may be limited
• Ensure the NBFC is RBI-registered and reputable

How do you pick the right LAS provider?

Here’s how to make the best decision for your needs.

Should you go to a bank or NBFC?

It depends on your situation:

• Need speed? Choose NBFCs like Quicklend
• Want lower interest? Consider traditional banks
• Prefer ease and flexibility? NBFCs have the edge

How much can you borrow?

Borrowing limits depend on LTV ratios:

• Mutual Funds: 60% – 70% of NAV
• Shares: 50% – 60% of market value

For example, if your equity mutual funds are worth ₹5,00,000, you could get up to ₹3.25 lakhs at 65% LTV.

What’s the application process like?

General steps:

1. Submit online application
2. Complete KYC and pledge securities
3. Get loan approved
4. Disbursal to your bank account

What documents do you need?

Here’s a basic checklist:

• PAN and Aadhaar
• Latest bank statement
• Mutual fund CAS or demat holding statement
• Recent photograph

Conclusion

Choosing the right LAS provider isn’t just about picking the biggest name. It’s about partnering with someone who values your time, respects your investments, and supports your financial journey.

Quicklend was built with this mission — offering fast, flexible, and fully digital loans against mutual funds.

This is general guidance. For personalized loan advice, contact our advisors.