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    Loan Against Shares (LAS)

    Why am I not able to apply for LAS?

    You may not be able to apply if :

    > Your securities are not in the approved list.

    > Shares are held in physical form.

    > Your holdings do not meet the minimum eligibility criteria:

       Eligibility: Age between 18-75 years, with a valid e-mail ID & mobile number

       Documents: Proof of identity, Proof of address, Proof of signature

       For Companies or Firms: IT returns, an audited Balance Sheet and a Profit and Loss Account for the previous two years

    > KYC details are incomplete

    What is a Loan Against Securities (LAS)? Do I need to sell my investments to get the loan? What types of securities can I pledge? How much loan can I get? Is this a term loan or an overdraft? Will I pay interest on the entire sanctioned amount? What is the minimum loan amount? Who is eligible to apply? Can I continue to earn returns on my investments after pledging them? Can I pledge both shares and mutual funds together? What happens if the value of my pledged securities falls? Can I repay the loan before the tenure ends? How is the loan amount credited? Is there a maximum loan limit? Which Stocks can be pledged under Loan Against Securities? Where can I check whether my shares are eligible for LAS? What is Haircut in LAS? How is haircut calculated? Why are some of my shares visible but not eligible for pledging? Are there any processing charges for LAS? Is there an annual renewal charge? How can I increase my LAS limit? How do I apply for LAS? How is repayment done for ICICI Bank Loan Against Shares? What is the interest rate for LAS against equity securities? What is the interest rate for LAS against non-equity securities?