Loan against Shares Interest Rate

We advise you to check our interest rate and processing fees before applying for our loan against shares.

[an error occurred while processing this directive]
[an error occurred while processing this directive]
[an error occurred while processing this directive]

Frequently asked questions

What is the interest and fees on a loan?

Bajaj Finance offers interest rate of up to 20% per annum for loan against shares. The final interest rate will depend on the types of shares and value of shares being pledged.

Apart from that there are other fees applicable. Common fees include processing fees, part-prepayment fee, foreclosure charges and many more. These fees are typically charged upfront or deducted from the loan amount and can add to the total cost of the loan.

Is there an origination fee or processing fee charged when applying for a loan against shares?

Yes, Bajaj Finance charges a processing fee of up to 4.72% (inclusive of applicable taxes) on loan against shares.

What are the fees and charges associated with a loan against shares?

The fees and charges associated with loan against shares are mentioned above. It's important to carefully consider the interest rate and any fees associated with a loan before accepting it to understand the full cost of borrowing and ensure that the terms are reasonable and affordable.

Which documents are required for loan against shares?

Opening a loan against shares account through the Bajaj Finserv App with respect to individual borrowers and which is subject to successful KYC completion

For easy and smooth onboarding, we recommend keeping the below documents handy:

  • PAN card
  • Proof of identity and address (Aadhaar, Passport, Driving license, Voter ID, etc.)
  • Demat holding statement
What is the minimum duration of a loan against shares?

Bajaj Finance Limited offers convenient repayment and tenure options, with the minimum duration starting from 7 days for a loan against shares. The maximum tenure can extend up to to 36 months.

Can I get a loan against shares at zero interest rate?

It's unlikely to get a loan against shares at a zero-interest rate. Most financial institutions charge interest on such loans. Bajaj Finance, for example, offers loans against shares with interest rates of up to 20% per annum. Interest rates may vary among lenders, but zero interest loans in this context are rare.

What are the foreclosure charges on loan against shares?

Bajaj Finance charges a fee of up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of full prepayment.

Is there any charge on part payment for loan against shares?

Yes, Bajaj Finance charges a fee of up to 4.72% (inclusive of applicable taxes) on the outstanding loan amount as on the date of such part-prepayment.

Show More Show Less
[an error occurred while processing this directive]