Loan on shares
This query is : Resolved
22 December 2014
1.can we take loan by giving shares as security from bank?
2.whether banks will give loan on intangible assets?
2.whether banks will give loan on intangible assets?
Amol S Joglekar
(Expert)
22 December 2014
01. Loan against shares are very much in vogue. The margin on such loan is very high.
02. Banks will not give loan AGAINST Intangible asset. It may give loan FOR Intangible Asset.
02. Banks will not give loan AGAINST Intangible asset. It may give loan FOR Intangible Asset.
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22 December 2014
Usually all banks have criteria for granting loans and whether you fit in it can be said only after u get the name and policy of bank.
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