Loan Against Shares
- Loan against securities is a loan where you pledge your shares, mutual funds or life insurance policies as collateral to the bank against your loan amount.
- Loan Against Securities are typically offered as an overdraft facility in your account after you have deposited your securities. You can draw money from the account, and you pay interest only on the loan amount you use and for the period you use it
- Loan against shares is a short-term loan provided to a borrower generally for a period of 1 year (renewable). It is a loan that is provided in exchange for shares to be kept as a guard against market risk.
- A Loan Against Shares allows you to borrow money against listed securities such as shares, mutual funds, insurance and bonds to meet your financial needs. You can opt for a loan against shares when you need instant financing to meet your personal or business needs.
- Loan Against Securities are typically offered as an overdraft facility in your account after you have deposited your securities. You can draw money from the account, and you pay interest only on the loan amount you use and for the period you use it.
- Whether it is to meet financial emergencies or fulfil certain short-term or long-term goals, availing of a loan has become easier and acceptable than ever before. However, with such high demand for loans, they are accompanied with high-interest rates that make them unapproachable and unaffordable for numerous people. Moreover, they often require the placement of cherished possessions or real estate as collateral, making them a risky option.
- If you are looking to avail of a loan but do not want to trap your physical possessions, an effective alternative can allow you to get a loan and make the most of your share market investments - a loan against demat account shares.
- By availing of a loan against your Demat shares, you too can avail of the borrowing benefits of your share market investments. The key is finding the right financial institution that can provide you with an ideal Demat account and a facility to avail a loan against your Demat shares. You can consider opening a trading and Demat account in India with IIFL.
Our Services in this segment are as under :
Short-Term Loan
Exchange for Shares
Attractive rate of interest
Quick Disbursal
Guard Against Market Risk.