Loan Against Securities

• Applicant must be a resident of India
• For selected securities, loans can be given to Hindu Undivided Families, Companies, Sole Proprietorship or Partnership Firms *
• Loans cannot be given to minors and Trusts.
• Securities should be in the name of the eligible borrowers.

Applicant can pledge securities from HDB's approved list only

• NABARD's Bhavishya Nirman Bonds
• Saving Bonds issued by RBI
• Approved Life Insurance Policies issued by L.I.C
• Approved Life Insurance Policies issued by select Private Insurance Companies
• National Savings Certificates (NSC)
• Kisan Vikas Patra (KVP)
• Gold Deposit Certificates

* Conditions Apply

• The minimum vintage for the insurance policy is 36 months for approving Loan Against Insurance Policy. Refer to FAQs for details.

• Proof of Identity & Address Proof - (Passport / Voter's ID / Driving License/PAN Card*/Aadhar Card or Proof of possession of Aadhaar number(on Voluntary basis))
• Signature Proof (Passport /Driving License/Banker's verification) (Driving License/ Voter's ID / Utility Bill (any one (anyone which is not more than two months old of any service provider - electricity, telephone, post-paid mobile phone, piped gas, water bill)/ Registered Rental Agreement /Letter of allotment of accommodation from employer/ leave and license agreements with employers allotting official accommodation)
• Audited Balance Sheet, Profit & Loss Account of the last two years and IT returns of the last 2 years in case of Companies / Proprietorships / Partnership firms.