Spark is an online lending and investment platform. It provides a hassle-free and safe experience to its customers, allowing them to easily and quickly obtain financial assistance at an affordable interest rate.

Spark offers an electronic one-stop solution to Loan Against Securities (LAS), where you pledge securities, such as mutual funds, shares, and bonds. It provides a loan amount ranging from Rs. 10,000 to Rs. 500,000 with an annual percentage rate of 15%- 20%. It offers a minimum loan term of 12 months and maximum of 60 months. 

How can I get a loan on Spark?

1. To avail a loan from Spark, first, you must register your phone number.
2. Confirm your personal details in the KYC form. 
3. Click the "New Loan" button on the dashboard.
4. Choose "Shares" and select the securities you want to pledge. Please note that the amount you can borrow is relative to the value of your pledged securities. 
5. Accept the terms and conditions and finalize the loan request with your electronic signature.

It won't take long before you get the result of your loan application after its submission.