InvestorQ : If one has to take a loan against shares/securities (LAS), should his/her securities be in the demat form?
Ashoka Patkar made post

If one has to take a loan against shares/securities (LAS), should his/her securities be in the demat form?

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Tarun Madaan answered.
3 years ago
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Yes, one’s shares need to be in demat format only to avail of a loan against shares/securities (LAS). This is for individual stocks/shares. However, mutual fund units can be in demat or physical form as well.

If you have shares in physical form, you need not worry. You can easily convert them in dematerialised (demat) form through a depository account.

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