HSL Mobile App Frequently Asked Questions
Do I need to Repay the Loan In EMIs?
You don't have to be hassled about EMI payments. Simply service your Interest payments by way of credits in your account every month Interest is calculated only on the amount of loan you actually use.
Is there any charge in the LAS Account if there are no limits?
Yes, for accounts with no limits in a month a Zero Limit charge of Rs. 1000 plus taxes for that month is levied.
Do I get statements for my account?
Monthly statements of accounts are sent to you. The facility of email statement of accounts is also available.
How can I get my securities released?
Please submit a security release request letter mentioning certificate numbers, the FAS account number (Agreement number), the Overdraft account number (signed by all the account holders) and the respective security holder. This letter needs to be submitted at any of our Loan Against Securities desks or to a branch that has a Loan against securities facility
Can I apply LAS through Net Banking?
Yes. You can apply in 3 simple steps.
1. Login to NetBanking using your Cust ID and IPIN.
2. Click on "Demat" tab and then on left hand side of the page, click on "Request".
3. Click on "Loan Against Securities" and select shares from your Demat account.
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