Get Instant Approval for Loan Against Securities with AI Decisioning
The loan against securities (LAS) market in India is witnessing a significant growth spurt. According to a recent RBI report, LAS disbursals have seen a 45% year-over-year increase, reaching ₹2.5 lakh crore. Retail investors are increasingly using their stock portfolios for quick liquidity. However, the traditional LAS processes are time-consuming, involving manual underwriting, collateral verification, and compliance checks.
Banks and NBFCs are losing customers to fintech companies that offer instant approvals. The solution lies in LAS automation powered by AI decisioning, which can approve loans in minutes, reducing the turnaround time from 3-5 days to less than 10.
This blog delves into how AI automation for LAS underwriting and disbursement revolutionizes the loan against securities workflow, providing speed, accuracy, and scalability.
