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UNLOCK THE POWER OF YOUR INVESTMENTS!


how it works

With IndusLAS, you can avail an overdraft(OD) facility against Shares, Mutual Fund Units and Bonds*

The process is simple, easy and quick

  • Select your application category – Individual or Entity.
  • Auto-fill your details by login through registered Mobile Number, Net Banking, or Aadhaar Number.
  • Verify your details as per PAN Card and Aadhaar Number.
  • Enter your portfolio details to get your provisional sanction letter.
  • Sales Representative will contact you for completion of loan documents and setting up of an overdraft account.

* Conditions Apply. Loans at the sole discretion of IndusInd Bank Ltd

why us?

IndusLAS offer an overdraft facility (OD) against approved securities such as Shares, Mutual Fund Schemes / Units and Bonds*. You can avail maximum loan against your investments to get all that you ever wanted in your personal, business or professional life without liquidating your securities.

Stay Invested in Shares, Mutual Funds, Bonds & enjoy Liquidity against your investments

  • Higher Loan Amount against your securities

    Avail loan up to 80% of the value of the securities pledged, with the minimum loan amount of Rs. 2 lakhs.

  • Single Scrip Lending

    You can pledge single or multiple scripts / securities to avail the facility.

  • Widest Range of approved securities

    With IndusLAS, you can choose from widest range of approved Shares, Mutual fund Schemes and Bonds*for pledging to avail the overdraft facility.

  • No Prepayment Charges

    There are no charges on repayment of principal amount either fully or partially.

  • Third Party DP Securities Acceptable

    Pledge securities from any Depository (NSDL or CDSL) and any Depository Participant across the country.

  • No Charge / Penalty for non-usage of funds

    Use funds from your overdraft account as and when you want. There are no charges on non-usage of funds.

Eligibility and Documents

You can avail overdraft facility if you are an individual or entity holding approved securities

Eligibility Documents Required
  • Indian Residents
  • Age between 18 to 70 years
  • Holding approved securities
  • Application form and loan agreement
  • KYC documents such as identity proof, signature proof and address proof.
  • Demat Account Statement or Statement of Holdings (MF)
  • Annexure W / lien request letter for pledging of securities
  • For loan amount greater than Rs 50 Lac, last two years ITR with computation of income and last three months Bank Statement

Note: The Bank may seek additional documents for sanction of loan facility, if required.

Eligibility Documents Required
  • Indian Entities
  • Loan only against approved Debt Mutual Funds and Bonds
  • Application form and loan agreement
  • KYC documents such as identity proof, signature proof and address proof.
  • Demat Account Statement or Statement of Holdings (MF)
  • Annexure W / lien request letter for pledging of securities with Board Resolution
  • Audited Balance Sheet, Profit & Loss Account, Bank Statement and ITR return for the last two years.

Note: The Bank may seek additional documents for sanction of loan facility, if required.

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