Looking for Bank of Baroda Loan Against Shares?
Compare BOB's Loan Against Shares offering with Quicklend's 10.3% p.a. transparent rate — and decide what works best for you.
What is Bank of Baroda Loan Against Shares?
Bank of Baroda's Loan Against Shares (LAS) is a secured credit facility that lets you pledge your equity shares as collateral and borrow against their market value — without selling your investments.
BOB provides the loan as an overdraft against your pledged shares. You retain ownership of the shares, continue receiving dividends and corporate benefits, and the pledge is released once you repay the loan.
LAS from BOB is structured for investors who need working capital, business funding, or personal liquidity without exiting their equity positions.
Bank of Baroda is India's second-largest public sector bank, offering loan against mutual funds and shares primarily through its branch network and Bob World app.
BOB LAS Interest Rates & Charges
| Charge Type | BOB |
|---|---|
| Interest Rate | 10.60% – 12.00% p.a. |
| Processing Fee | 0.50% of loan amount (minimum ₹1,000) |
| Prepayment Charges | Nil for floating rate |
Bank of Baroda LAS rates are MCLR-linked and can be on the higher end compared to private banks. Rates subject to change. Please verify current rates directly with Bank of Baroda.
Eligibility Criteria for BOB LAS
To apply for a Loan Against Shares from Bank of Baroda, you generally need to meet the following criteria:
- Must hold a Bank of Baroda account
- Age: 18–70 years
- Shares must be from BOB's approved securities list
- Demat account with BOB Caps or any CDSL/NSDL DP
- KYC compliance required
- Shares must not be under any existing pledge or encumbrance
- Income proof may be required for larger loan amounts
Note: Quicklend has no bank account requirement — any investor with eligible listed shares can apply, regardless of which bank they use.
LTV Ratio & Loan Amount for BOB LAS
LTV on Approved Shares
Up to 50% (Group A shares)
Maximum Loan
₹5 crore
Minimum Loan
₹1 lakh
The LTV ratio for LAS is determined by SEBI guidelines and the bank's internal risk policy. For example, with ₹10 lakh in eligible shares, BOB typically allows you to borrow up to ₹5 lakh (50% LTV).
Quicklend offers the same 50% LTV on approved shares through Bajaj Finance, with no bank account requirement and same-day disbursement.
Explore loan calculators →Eligible Shares & Stocks for BOB LAS
Bank of Baroda accepts NSE/BSE-listed shares from their approved securities list. The process is primarily branch-based, requiring physical documentation.
Examples of stocks commonly approved by BOB:
- Reliance Industries
- TCS
- Infosys
- HDFC Bank
- Bharti Airtel
- State Bank of India
- Other approved NSE/BSE-listed large-caps
The approved securities list varies by bank and is updated periodically. Confirm eligibility with BOB before applying.
Documents Required for BOB LAS
To apply for a Loan Against Shares from Bank of Baroda, you will typically need to submit the following documents:
- PAN card
- Aadhaar card
- Bank of Baroda account details
- Demat account statement
- Demat holding certificate
- Income proof
- Passport-size photograph
Quicklend's document requirements are similar — PAN, Aadhaar, mutual fund or demat statement — and the entire submission is done digitally. No physical copies or branch visits required.
How to Apply for BOB LAS
Here is a step-by-step guide to apply for a Loan Against Shares from Bank of Baroda:
- 1Visit a Bank of Baroda branch and request a LAS application form
- 2Submit documents along with details of shares to be pledged
- 3Bank evaluates the collateral value and approves limit
- 4Complete pledge formalities on your demat account
- 5Overdraft is activated in your BOB account (2–5 days)
Processing time at BOB: 2–5 working days (branch-based). Branch-based applications typically take more time than digital ones.
BOB vs Quicklend: LAS Detailed Comparison
Here is a feature-by-feature comparison of Bank of Baroda's LAS and Quicklend's offering, so you can make an informed decision.
| Feature | BOB |  |
|---|---|---|
| Interest Rate | ~10.60% – 12.00% p.a. | 10.3% p.a. (fixed, transparent) |
| LTV on Approved Shares | Up to 50% (Group A shares) | Up to 50% |
| Application Process | App / Branch (BOB account required) | 100% Online (no account needed) |
| Approval Time | 2–5 working days (branch-based) | Same day |
| Bank Account Required | Bank of Baroda account required | No – any bank account accepted |
| Lending Partner | BOB | Bajaj Finance Ltd (India's #1 NBFC) |
| Retain Dividends | Yes | Yes |
| Prepayment Charges | Nil (floating rate) | Zero |
The table above highlights the key differences between Bank of Baroda and Quicklend for LAS. While BOB is a reliable option for its existing customers, Quicklend stands out on three dimensions most borrowers care about: rate, speed, and accessibility.
Quicklend's rate of 10.3% p.a. is fixed and fully transparent — there are no surprises when the base rate changes. With a 100% digital process backed by Bajaj Finance Ltd, you get the trust of India's largest NBFC without needing to be a customer of any specific bank.
* BOB rates are indicative and subject to change. Verify current rates at Bank of Baroda's official website.
Why Choose Quicklend Over BOB for LAS
Both BOB and Quicklend offer Loan Against Shares — but Quicklend is purpose-built for speed, transparency, and accessibility. Here is why thousands of investors choose Quicklend:
Transparent 10.3% p.a. Rate
Quicklend charges a fixed 10.3% p.a. — no hidden charges, no rate fluctuations tied to bank benchmarks. You know exactly what you pay from day one.
100% Online Process
Apply, upload documents, get approved, and receive funds — entirely online. No branch visits, no physical paperwork, no queues.
Same-Day Approval & Disbursement
Quicklend's digital-first process ensures your application is reviewed and funds are disbursed on the same day — ideal when you need quick liquidity.
No Bank Account Requirement
Unlike banks that restrict LAMF/LAS to their own account holders, Quicklend is open to every investor in India, regardless of which bank you use.
Bajaj Finance Ltd Partnership
Your loan is powered by Bajaj Finance Ltd — India's largest NBFC with a 35+ year track record and an AAA credit rating. Rock-solid reliability.
Higher LTV on Debt Funds
Quicklend offers up to 80% LTV on debt mutual funds — matching the best rates in the market — so you unlock more value from your portfolio.
Zero Prepayment Charges
Repay part or all of your loan any time without penalty. Flexibility to manage your loan tenure on your own terms.
ISO 27001 Certified Security
Quicklend is ISO 27001 certified, meeting international standards for information security. Your financial and personal data is fully protected.
How to Apply for Quicklend LAS
Applying for a Loan Against Shares with Quicklend takes under 15 minutes — entirely online, with no branch visit required.
- 1
Visit Quicklend
Go to quicklend.in and click on 'Loan Against Shares'.
- 2
Enter Your Details
Provide your mobile number, PAN, and basic information. No CIBIL score check required.
- 3
Share Demat Holdings
Upload your demat holding statement or link your CDSL/NSDL account to show your share portfolio.
- 4
Get Instant Approval
Quicklend assesses your eligible shares and shows the approved loan amount at 10.3% p.a.
- 5
Receive Funds Same Day
Complete e-KYC, e-sign the pledge agreement, and funds are transferred to your account on the same day.
Frequently Asked Questions: BOB LAS vs Quicklend
Disclaimer: The bank rate information on this page is indicative and based on publicly available data as of 2026. Actual rates may vary. Please verify current rates directly with Bank of Baroda before applying. Quicklend operates through Bajaj Finance Ltd and all loan products are subject to their terms and conditions.