📄 Top 5 Documents Required for Availing Loan Against Securities (LAS)

Summary: Applying for a Loan Against Securities (LAS) is a streamlined process, but having the right documents ready is crucial. This guide outlines the top 5 essential documents you'll need to ensure a smooth application process.

1. 🆔 Valid Identity Proof

Provide any government-issued ID to verify your identity:

• Aadhaar Card
• PAN Card
• Passport
• Voter ID
• Driving License

2. 🏠 Address Proof

Confirm your current residential address with one of the following:

• Utility Bills (Electricity, Water, Gas)
• Bank Statement
• Rental Agreement
• Passport

3. 💼 Income Proof

Demonstrate your financial stability through:

• Salary Slips (last 3 months)
• Income Tax Returns (ITR) for the past 2 years
• Bank Statements (last 6 months)
• Form 16

4. 📈 Demat Account Statement

Since LAS involves pledging your securities, provide your latest Demat account statement to showcase the holdings you intend to pledge.

5. 📝 Loan Application Form

Complete the lender's LAS application form with accurate details. Ensure all information is up-to-date to avoid processing delays.

🔍 Additional Tips

• Ensure all documents are self-attested.
• Keep both original and photocopies ready for verification.
• Check with your lender for any additional requirements specific to their process.

✅ Conclusion

Having these documents prepared in advance can expedite your LAS application process. Always consult with your lender to confirm any additional documentation they may require.