HDFC Bank Loan Against Securities

The maximum loan amount provided is up to 80% of the value of the security.

What is the Rate of Interest on HDFC Loan Against Securities?

What are the Documents Required for HDFC Loan against Securities?

1. Proof of identity
2. Signature proof
3. Proof of residence
4. In the case of HUF, Sole Proprietorship, Partnership firm, Pvt. Ltd. Company, a copy of the Balance Sheet, last 2 years Profit and Loss accounts, and IT returns for 2 years.

What are the Terms for HDFC Loan Against Securities?

• Pre-payment charges will be allowed only post 6 months, and will be charged 2% will be charged if pre-closed before end of tenor.
• Processing fee of 1.00% of the loan amount or a minimum of Rs. 2000, and standard taxes and charges like stamp duty will be applicable as well.
• The loan amount will only be disbursed after the documents are submitted along with the pledge
• Pledging fees of up to Rs.5/- per NSC/KVP/Bond/Insurance Policy/MF Unit Certificate
• The margin requirement will be reviewed on a regular basis.
• The applicant will need to provide the bank with details on the change of job or home address if any.

How do I Apply for this Loan?

The application form can be downloaded from the website, but you will also need to visit the branch nearest to you with the form and related documents. You can also apply for this loan via net banking in 3 simple steps:

• Login to your net banking using your credentials.
• Click on the Demat tab, then click request
• Click on loan against securities
• select their shares from your Demat account.

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