ICICI Bank Loan Against Shares offers an instant solution for your liquidity needs. Avail a loan of up to 55% of the value of your pledged shares, capped at ₹1 crore. Loans Against Shares are approved and disbursed quickly.
SUITABLE FOR
Getting Funds Without Selling Your Shares
-
Get a loan of up to ₹1 crore
-
Pledge shares for instant funds
-
Easy repayment terms
-
Quick approval and disbursement.
How to get maximum benefits from Loan Against Shares?
Quick Access to Funds
-
Instant Liquidity
Get funds instantly by pledging shares without having to sell them.
High Loan Value
-
Loan up to ₹1 crore
Get a loan of up to 55% of the value of shares, with a maximum loan amount of ₹1 crore
Simple Online Process
-
Easy Online Application
Apply via ICICI Bank Net Banking or the iMobile app for a quick, hassle-free experience.
No Hidden Charges
-
Transparent Terms
No hidden charges or surprises. Clear and upfront fees are mentioned throughout the loan application.
Things you should know
-
Loan Amount
Avail a loan of up to ₹1 crore, depending on the value of your pledged shares.
-
Interest Rates
Attractive interest rates.
-
Pledge Requirement
Pledge listed shares to avail the loan, without selling them. The shares must be from ICICI Bank’s approved list of shares.
-
Processing Fees
Minimal processing fees apply, which are clearly outlined at the time of application.
-
Loan-to-Value Ratio
Loans are available up to 60% of the value of your pledged shares, with a maximum loan amount of ₹1 crore.
Things you’ll need to apply for
Loan Against Shares
Digital Loan Against Shares is available for customers. This facility can be availed through Internet Banking or the iMobile app, against approved shares.
-
Recent passport-sized photograph
-
Aadhar Card, Passport, Driving License or Voter ID as proof of address
-
Original Mutual Fund or Demat holding statement
-
PAN Card for identification
-
Signature verification (PAN Card, Passport or Banker’s verification)
-
Bank cheque for processing
-
Bank cheque for processing
- Applicants must be above 18 years of age and have a working e-mail ID and mobile number
- Shares should be held in Demat (dematerialised) form
- Only individuals can apply. Single proprietors, partnerships, corporations and HUFs are specifically excluded
- The Loan can be issued against only authorised scrips verified by ICICI Bank.
How to Apply for Loan Against Shares?
-
You can apply online using Internet Banking and iMobile. Ensure that location sharing is enabled for the application.
-
Log into Net Banking
-
Navigate to: Loans > Loan Against Shares
-
Select shares to pledge
-
Provide FATCA details
-
Complete the application.
-
Log into ICICI Bank's iMobile app
-
Navigate to the ‘Instant Loans/Offers’ section
-
Select ‘Loan Against Shares’
-
Provide your details
-
Accept the T&Cs
-
Access funds through your new Overdraft Account.
Looking for Something Else?
About Digital Loan Against Shares
Quick Loan Disbursement
ICICI Bank offers fast loan disbursement, with funds available directly in your Account after approval. Enjoy hassle-free access to liquidity with a seamless online application process.
High Loan Value
Get a loan of up to 50% of the value of your pledged shares, capped at ₹ 20 lakh. Benefit from attractive loan terms and easy repayment options.
Simple Application Process
Apply for the loan through Internet Banking or iMobile. The application is straightforward, with minimal paperwork required.
Loan Against Shares FAQs
What is a Loan Against Shares?
What is a Loan Against Shares?
A Loan Against Shares allows you to pledge your listed shares as collateral to secure a loan, without the need to sell your shares. ICICI Bank offers loans up to ₹ 20 lakh.
What are the eligibility criteria for this loan?
What are the eligibility criteria for this loan?
To apply, you must be above 18 years of age, with a valid mobile number and e-mail ID. Additionally, you can pledge only listed shares as collateral for the loan. The shares should belong to ICICI Bank’s list of approved shares.
How much can I borrow?
How much can I borrow?
You can borrow up to 50% of the value of your pledged shares, with a maximum loan amount of ₹ 20 lakh. The final loan amount depends on market value of your shares.
How do I apply for Loan Against Shares?
How do I apply for Loan Against Shares?
You can apply easily through ICICI Bank Net Banking or the ICICI Bank's iMobile app. Simply log in, select 'Loan Against Shares' and follow the steps.
What happens if the value of my pledged shares drops?
What happens if the value of my pledged shares drops?
If the value of your shares drops then your overall credit limit may decrease, which in some cases may lead to your account becoming overdrawn in case your outstanding balance becomes more than the revised credit limit. In that case, you can either pledge more shares which will increase your credit limit or repay the excess amount that you have withdrawn to regularise the account. Please note that penal charges may be applicable on the overdrawn amount till the account is regularised.