Archive · 12 Aug 2025
Loan Against Securities Business Sees Rising Interest
Imagine you have shares or bonds, and you need money quickly.
A Loan Against Securities (LAS) lets you borrow money using these assets as collateral.
Many companies, including brokerages and fintech firms, are now offering these loans because many wealthy individuals are taking them out.
This helps them get cash without selling their investments.
One company, Rurash Financials, has seen big success.
Digital companies make it easier to apply.
Traditional lenders and digital players offer these loans with different interest rates and fees, and it's a way to unlock money while still owning the assets.
However, if you can't pay back the loan, you could lose your securities.
Loan against securities (LAS) business is gaining traction with brokerages, wealth managers, and fintech firms.
Rising interest from high-net-worth individuals (HNIs) and new types of securities are driving growth.
Rurash Financials, a Mumbai-based LAS firm, saw significant revenue growth and plans an initial public offering (IPO).
Digital players offer LAS deals, focusing on digital onboarding and a broader range of eligible securities.
LAS provides liquidity while retaining asset ownership, with interest rates and charges varying among lenders.
- Who
- Brokerages, wealth managers, fintech firms, and HNIs are involved.
- What
- The Loan against Securities (LAS) business is experiencing increased interest and adoption.
- When
- Recent times.
- Where
- India.
- Why
- To unlock liquidity while retaining asset ownership.
Traditional Lenders
Digital Fintech
Market Share and Focus
Traditional Lenders
Large market share.
Digital Fintech
Focus on digital onboarding and broader securities.
Interest Rates and Charges
Traditional Lenders
Offer a range of charges and interest rates, such as Axis Bank 11% to 13.75%.
Digital Fintech
Competitive interest rates.
- LAS Definition
- Loan against shares, mutual funds, and bonds.
- Driving Factors
- Rising HNIs and new securities.
- Rurash Financials Revenue (2023)
- Rs 7 crore.
- Rurash Financials Revenue (2025)
- Rs 25 crore.
- LAS Disbursal
- 50% to 95% of collateral value.
- Example Interest Rates
- Tata Capital: 8%-20%, State Bank: 11.3%