Loan Against Shares, Feature and Eligibility

Key Points :- Money loans are given against listed securities like bonds, shares, insurance policies, or bonds. These securities include shares and other types of securities as well. When immediate cash is needed for either personal or professional reasons, these loans can be quite helpful.

  • Get Instant Loan in 3 Hrs
  • Starting ROI 10.25%*
  • Flexible EMI and Tenure
  • 100% Online Process
Customers Rating
❤️ Trusted by 12,00,000+ Happy Customers

Loan Against Shares, Feature and Eligibility


Money loans are given against listed securities like bonds, shares, insurance policies, or bonds. These securities include shares and other types of securities as well. When immediate cash is needed for either personal or professional reasons, these loans can be quite helpful. The payback duration for loans secured by shares can last up to 36 months, making them a popular option for short- or long-term borrowing. Loan amounts up to Rs. 20 lakh are possible, and different lenders will have different lists of securities that can be used as collateral.So that you can get loan against securities .

Feature of Loan Against Shares

The following are some characteristics of loans against shares:


  • Securities listed on a stock market are part of the loan issued against shares.

  • The loan is safeguarded by the specified security.

  • In the event that the borrower defaults on a payment, the lender may sell the security and collect on the obligation.

  • Advances that are secured provide lenders peace of mind because they can get their money back.

  • Government, corporate, and debenture securities that trade on stock exchanges are among the securities issued as collateral for loans against shares.

Eligibility Criteria for Loan Against Shares 

The following people may be offered a loan against their shares:


  • Traders

  • Industrialists

  • Businessmen

How to get a Loan Against Shares 

Shares of publicly traded securities may be used as collateral for loans. For the purpose of meeting their investment and liquidity needs, investors can borrow money against their current portfolios of securities. The investor can obtain a loan using the money he has invested and also the investor can get a loan against stock . Due to its popularity as a short- and long-term investment strategy, consumers typically invest in shares. Lenders have a list of securities to pick from, and the permissible securities vary from one lender to the next. That the lender won't suffer a loss is the only goal.

Stock Exchange Securities 

Securities offered on the stock exchange include:


  • Governmental securities issued by the federal and state governments

  • Debentures and bonds issued by semi-government

  • Joint stock corporations' shares and debt obligations

Advantages of Offering Shares as Security 

Shares are the best alternative to use as security because:


  • In the event that the borrower does not pay the debt, it is simply realisable.

  • Even though the shares are steady, their value can change during economic downturns.

  • Transferring is an uncomplicated and straightforward process because there aren't many formalities required.

  • Finding the share's market value is simple.

  • Share warrants, promissory notes, bearer bonds, and debentures are all completely negotiable.

Conclusion 

In the form of an overdraft facility, loans against securities and shares are provided. It makes it easier for you to obtain a loan against stocks that you have currently only pledged rather than quickly selling. According to the securities you have pledged, such as equity shares, mutual funds, bonds, and insurance, the value of the overdraft limit that is provided to you is calculated.




More Blogs

blog-img
Simplify Debt with FinCrif’s Personal Loan Balance Transfer for IT Professionals

FinCrif helps IT professionals reduce their EMI burden and consolidate multiple debts with our Pe...

View
blog-img
Get Instant Personal Loans at Lower Interest Rates this Festive Season

Celebrate the festive season with FinCrif! Get quick personal loans at low-interest rates, no hid...

View
blog-img
How to Choose the Best Personal Loan Offers in October 2024 for the Festival Season

Discover the best personal loan offers for October 2024's festive season. Learn how to compare in...

View

Compare the best Personal loan offers

idfc-first-bank
IDFC First Bank
Interest Rate Range
10.25%
Processing Fee
1% - 2%
Max Loan Amount
₹ 1 cr
Tenure Range
6 month to 5 year
Apply
bajaj-finserv
Bajaj Finserv
Interest Rate Range
11%
Processing Fee
3.93%
Max Loan Amount
₹ 35 lacs
Tenure Range
1 to 7 years
Apply
axis-bank
Axis Bank
Interest Rate Range
10.49%
Processing Fee
1.5% - 2%
Max Loan Amount
₹ 15 Lacs
Tenure Range
1 to 5 years
Apply
tata-capital
Tata Capital
Interest Rate Range
10.99%
Processing Fee
5.5%
Max Loan Amount
₹ 35 lacs
Tenure Range
upto 6 Years
Apply
axis-finance
Axis Finance
Interest Rate Range
13.0%
Processing Fee
2%
Max Loan Amount
₹ 15 lacs
Tenure Range
0 to 3 years
Apply
upwards
Upwards
Interest Rate Range
18%
Processing Fee
2% - 4%
Max Loan Amount
₹ 3 Lacs
Tenure Range
1 to 5 years
Apply
fullerton-india
Fullerton India
Interest Rate Range
11.99%
Processing Fee
6%
Max Loan Amount
₹ 25 lacs
Tenure Range
1 to 5 years
Apply
finnable
Finnable
Interest Rate Range
16%
Processing Fee
3% - 4%
Max Loan Amount
₹ 10 Lacs
Tenure Range
Upto 5 years
Apply
incred
Incred
Interest Rate Range
13.99%
Processing Fee
2%-4%
Max Loan Amount
₹ 15 lacs
Tenure Range
1 to 5 years
Apply
faircent
FairCent
Interest Rate Range
9.99%
Processing Fee
8%
Max Loan Amount
₹ 10 lacs
Tenure Range
6 months to 3 years
Apply
moneyview
Moneyview
Interest Rate Range
15.96%
Processing Fee
2%
Max Loan Amount
₹ 10 Lacs
Tenure Range
1 to 5 years
Apply
standard-chartered-bank
Standard Chartered Bank
Interest Rate Range
11.49%
Processing Fee
2.25%
Max Loan Amount
₹ 1 lacs to 50 lacs
Tenure Range
1 to 5 years
Apply
iifl
IIFL
Interest Rate Range
12.75%
Processing Fee
2% - 9%
Max Loan Amount
₹ 1 lacs to 25 lacs
Tenure Range
1 to 5 years
Apply
indusind-bank
IndusInd Bank
Interest Rate Range
10.49%
Processing Fee
3%
Max Loan Amount
₹ 3 Lacs to 75 Lacs
Tenure Range
1 to 50 years
Apply
kotak-bank
Kotak Bank
Interest Rate Range
10.99%
Processing Fee
3%
Max Loan Amount
₹ 25 Lacs
Tenure Range
1 to 5 years
Apply
icici-bank
ICICI Bank
Interest Rate Range
10.85%
Processing Fee
2%
Max Loan Amount
₹ 25 Lacs
Tenure Range
1 to 6 years
Apply
rbl-bank
RBL Bank
Interest Rate Range
18%
Processing Fee
2%
Max Loan Amount
₹ 20 lacs
Tenure Range
1 to 5 years
Apply
hdb-financial
HDB Financial
Interest Rate Range
10% - 35%
Processing Fee
3%
Max Loan Amount
upto ₹ 20 lacs
Tenure Range
1 to 5 years
Apply
idbi-bank
IDBI Bank
Interest Rate Range
11.0%
Processing Fee
1 %
Max Loan Amount
₹ 5 Lacs
Tenure Range
1 to 5 years
Apply
hdfc-bank
HDFC Bank
Interest Rate Range
10.75%
Processing Fee
2.50%
Max Loan Amount
₹ 40 Lakhs
Tenure Range
1 to 5 years
Apply
karur-vysya-bank
Karur Vysya Bank
Interest Rate Range
11.15%
Processing Fee
0.50%
Max Loan Amount
upto ₹ 75 lacs
Tenure Range
1 to 6 years
Apply
union-bank-of-india
Union Bank of India
Interest Rate Range
11.35%
Processing Fee
1.0%
Max Loan Amount
upto 15 lacs
Tenure Range
1 to 5 years
Apply
canara-bank
Canara Bank
Interest Rate Range
10.95%
Processing Fee
0.50%
Max Loan Amount
upto ₹ 10 lacs
Tenure Range
0 to 7 years
Apply
bank-of-maharashtra
Bank of Maharashtra
Interest Rate Range
10.0%
Processing Fee
1%
Max Loan Amount
upto ₹ 20 lacs
Tenure Range
0 to 7 years
Apply
federal-bank
Federal Bank
Interest Rate Range
11.49%
Processing Fee
2.50%
Max Loan Amount
₹ 50 lacs
Tenure Range
1 to 5 years
Apply
syndicate-bank
Syndicate Bank
Interest Rate Range
12%
Processing Fee
0.50%
Max Loan Amount
₹ 5 lacs
Tenure Range
1 to 5 years
Apply
bank-of-baroda
Bank of Baroda
Interest Rate Range
11.40%
Processing Fee
2%
Max Loan Amount
₹ 15 Lacs
Tenure Range
1 to 7 years
Apply
pnb
PNB
Interest Rate Range
10.95%
Processing Fee
1%
Max Loan Amount
upto 20 lacs
Tenure Range
1 to 6 years
Apply
yes-bank
Yes Bank
Interest Rate Range
10.99%
Processing Fee
2%
Max Loan Amount
₹ 40 lacs
Tenure Range
1 to 5 years
Apply
aditya-birla-capital
Aditya Birla Capital
Interest Rate Range
10.99%
Processing Fee
3%
Max Loan Amount
₹ 50 Lacs
Tenure Range
0 to 7 years
Apply
paysense
Paysense
Interest Rate Range
16.80%
Processing Fee
2.5%
Max Loan Amount
₹ 15 Lacs
Tenure Range
3 Months to 5 years
Apply
moneytap
MoneyTap
Interest Rate Range
13%
Processing Fee
2%
Max Loan Amount
upto ₹ 5 lacs
Tenure Range
2 months to 3 years
Apply