Loan Against Securities FAQs 

Insta Overdraft is a digital working capital facility from ICICI Bank that allows eligible business customers to withdraw funds beyond their account balance. Interest is charged only on the amount utilised.

Yes, ICICI Bank LAS is a secured loan backed by approved financial securities pledged in favour of ICICI Bank.

ICICI Bank LAS provides liquidity while allowing customers to retain ownership and potential returns on pledged securities.

Funds can be used for permitted personal or business needs, as per ICICI Bank end-use guidelines.

Applicants must be at least 18 years old, as per ICICI Bank eligibility criteria.

Yes, senior citizens can apply subject to ICICI Bank eligibility norms and security type.

ICICI Bank may allow companies, firms, or HUFs to apply based on security type and policy.

Applicants must submit identity proof, address proof, and KYC documents as required by ICICI Bank.

Individuals holding eligible securities as per ICICI Bank norms can apply for Loan Against Securities.

ICICI Bank LAS is generally offered at floating interest rates, as per prevailing policy.

Interest rates depend on security type, customer profile, and ICICI Bank’s internal assessment.

Yes, ICICI Bank may charge a processing fee along with applicable taxes.

Yes, ICICI Bank may levy annual renewal charges as per prevailing Loan Against Securities terms.

Interest is charged only on the utilised loan amount and for the actual period of utilisation.

Repayment is done by crediting funds to the linked ICICI Bank account to regularise utilisation.

No fixed EMIs apply; interest is payable on the amount utilised, as per ICICI Bank terms.

Yes, ICICI Bank allows partial repayment at any time without prepayment penalties.

Yes, limits may vary based on market value changes of pledged securities with ICICI Bank.

ICICI Bank LAS is typically sanctioned for one year and may be renewed annually.

Securities are pledged electronically or physically in favour of ICICI Bank through authorised depository systems or the security issuers.

Pledged securities remain in the customer’s demat account under lien marked to ICICI Bank.

Yes, ICICI Bank follows robust systems and controls to safeguard pledged securities.

ICICI Bank may invoke pledged securities only in case of continued shortfall or default.

ICICI Bank accepts approved shares, mutual funds, bonds, and other eligible securities.

Yes, ICICI Bank allows additional eligible securities to be pledged, subject to norms.

Customer details can be updated through ICICI Bank service request channels.

Yes, ICICI Bank provides online access to Loan Against Securities account details.

Available drawing power can be viewed through ICICI Bank digital banking channels.

Yes, ICICI Bank offers digital and call-based customer support for LAS customers.

Relationship manager support may be available based on the customer’s profile with ICICI Bank.

Customers can contact ICICI Bank through customer care numbers, email, or relationship manager.

Closure may be initiated through ICICI Bank service channels.

ICICI Bank releases the lien on pledged securities after successful loan closure.

Lien removal follows ICICI Bank’s standard operational timelines after closure.

The LAS account can be closed after repaying the utilised amount and applicable interest.

Yes, ICICI Bank regularly monitors the market value of pledged securities.

Customers may be asked to pledge additional securities or repay part of the loan.

Yes, margin requirements may change as per ICICI Bank risk management policies.

Minimum loan amount is defined as per ICICI Bank’s prevailing Loan Against Securities norms.

Yes, repaid amounts can be reused within the sanctioned limit of ICICI Bank LAS.

Yes, subject to ICICI Bank’s permitted end-use guidelines.

Yes, the facility operates through a linked ICICI Bank savings or current account.

Yes, ICICI Bank provides alerts for transactions and account activity.

Renewal is subject to compliance with ICICI Bank terms and security valuation.

Approval timelines depend on documentation and verification of pledged securities.

Availability for NRIs depends on the security type and ICICI Bank’s prevailing policy.

Yes, customers continue to receive dividends or benefits, as applicable.