Loan Against Shares FAQs 

ICICI Bank Loan Against Shares is a secured loan facility where you pledge eligible listed shares units with ICICI Bank to raise funds without selling your investments.

Indian residents and NRIs holding eligible shares or mutual fund units in demat form can apply, subject to ICICI Bank’s eligibility norms.

You pledge eligible securities as collateral with ICICI Bank. Based on their market value and approved Loan-to-Value (LTV), ICICI Bank sanctions a loan amount.

Yes, ICICI Bank Loan Against Shares can be used for both personal and business requirements, as permitted by ICICI Bank’s end-use guidelines.

ICICI Bank accepts eligible listed equity shares held in demat form. The final list of acceptable securities is decided by ICICI Bank.

Documents generally include KYC documents, PAN card, demat account details, shareholding statement, and bank account details. Additional documents may be requested.

Yes, NRIs can avail ICICI Bank Loan Against Shares, subject to applicable eligibility and regulatory requirements.

Eligibility depends on the borrower’s profile, quality and value of pledged securities, and ICICI Bank’s internal assessment.

LTV is the percentage of the current market value of pledged securities that ICICI Bank allows as a loan.

Yes, ICICI Bank periodically revalues pledged securities based on market movements.

If the value falls below the required level, ICICI Bank may ask for additional collateral or partial repayment to restore the required LTV.

The loan amount is based on the Loan-to-Value (LTV) ratio applied to the market value of the pledged securities, as determined by ICICI Bank.

Yes, ICICI Bank may charge a processing fee along with applicable taxes, which are disclosed before loan confirmation.

Prepayment or foreclosure charges, if any, are as per ICICI Bank’s prevailing terms and are communicated at sanction.

Yes, ICICI Bank provides complete transparency on interest rates, fees, and applicable charges before loan approval.

Interest rates vary based on the loan amount, borrower profile, LTV, and prevailing market conditions. The applicable rate is communicated at the time of sanction.

Since LAS is an Overdraft facility, the interest is applicable only on the limit utilised and for the number of days it is utilised. Interest is calculated on the daily outstanding balance and will be debited/charged to the LAS Account on the 2nd working day of every month for the entire interest period. Loan repayment tenure of one year with the option of renewal based on the performance of the Overdraft Account after the initial year.

Yes, prepayment is generally allowed, subject to ICICI Bank’s applicable terms.

Missing repayments may attract penal charges and can negatively impact your credit score.

ICICI Bank’s Loan Against shares (LAS) provides a loan repayment tenure of one year with the option of renewal based on the performance of the Overdraft Account after the initial year.

Yes, you continue to remain the owner of the securities, but they are pledged as collateral with ICICI Bank.

In case of default or failure to maintain required LTV, ICICI Bank may liquidate pledged securities as per agreed terms.

Yes, ICICI Bank follows RBI-regulated security standards to protect customer information and transactions.

Yes, ICICI Bank Loan Against Shares is secured against the pledged

Processing time depends on documentation verification and pledge creation, but ICICI Bank aims for quick processing once requirements are met.

You can apply by visiting an ICICI Bank branch or through your designated relationship manager.

You should immediately raise a service request with ICICI Bank Customer Care for resolution.

You can contact ICICI Bank Customer Care, your relationship manager, or visit the nearest ICICI Bank branch.

Yes, early closure is allowed after clearing all outstanding dues and applicable charges.

Yes, timely repayment can improve your credit score, while delays or defaults may negatively impact it.

Yes, ICICI Bank may revise limits or request additional collateral based on market movements.