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Points you should know about loan against shares

Others 1535 views 4 replies

Loan against shares is a loan which is very less in practice as the equity market is full of up and down and the financial services are also not much interested in giving loan against shares. But theses points one should know about loan against shares. 1. If you will need a loan against ones shares, it will be easier for those who have a demat account with all your bank. 2. The lender will grant financing by marking a lien for the shares it holds within the demat account. 3. The margin will be as high as 50 per cent depending on the underlying security. The margins with regard to shares is high as their value is quite volatile. 4. The dividend will still be credited to your money even if the particular shares are presented in lien. The lien will be lifted the lien will be lifted when a person repay the mortgage. 5. The bank that is also a depository participator may offer pre-sanctioned financial loans on shares held within the demat account mainly because it is easier with the bank to execute such loans. Tags-loan against shares,what is the procedure of loan against shares,loan against shares axis bank,loan against shares hdfc bank,loan against shares nbfc,loan against shares ppt,loan on shares,loan on shares india,loan on shares icici bank,margin loan on shares,loan on shares margin - See more at: https://www.taxalertindia.com/2014/01/points-you-should-know-about-loan.html#sthash.Qub4FEos.dpuf

Replies (4)

Thanks for sharing...keep sharing.

Thanks for the great information but I want to give you a small advice that lots of banks are providing loan against share but according to my personal experience you should take the loan against shares from Bajaj Finserv (NBFC) because they are providing lost of benefits :-

  1. Higher Loan Amount to Cover your Needs
  2. Quick Online Approval
  3. Exclusive Customer Support
  4. No Additional Charges
  5. Online Account Management
  6. Pre-approved Deals

Yes, thank you. I agree with all the five points

Maximize your financial potential by learning how to secure a loan against shares for immediate funding. Our comprehensive guide explains the process, advantages, and tips to efficiently use your shares as collateral for instant liquidity.

Click here to know more:  https://www.tatacapitalmoneyfy.com/loans/loan-against-security


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