Loan Against Shares

Loan Against Shares

Life is very unpredictable and often throws unexpected – sometimes unpleasant surprises our way. Some of these might land us in a soup, at least financially. Many of us might even have savings but might not want to tear down our painstakingly constructed investment portfolios over some temporary issue.

Fortunately, credit has come a long way, and loans are far easier to obtain. That said, even in today’s borrower-friendly credit environment, it is essential for the borrower to offer some collateral against which a Banks / NBFCs will extend a loan. But what if you have no collateral? You could opt for an unsecured loan, but that means substantially higher rates of interest. That’s where a loan against shares can come to your rescue.

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