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How Can We Apply For Loan against Securities

Loan Against Securities (LAS) is a sort of loan taken against your pledged securities as collateral with a bank. Avail a Loan Against Securities to meet all your financial requirements. spark.loans’ LAS lets you raise quick funds against shares, insurance, mutual funds, UTI bonds, non-convertible debentures, and so on. How Does It Work? This type of loan aids in attaining instant funds rather than selling the securities in a rush. The limit of the financial aid is based on the security that you’ve pledged. In general, a current account is opened in the name of the debtor, and the ROI is calculated on the amount withdrawn by you at the time of utilization. As you pledge security, you get a stable amount without any trouble while you need it the most. This also signifies that you would not need to sell your shares and not aid from bonuses and surpluses. What do You need To Take Into Account Before Taking An LAS? Here are the things you should keep in mind before taking Loan Aga...
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Benefits of Choosing Loan Against Securities

There are times when anyone can urge money to meet financial emergencies, short-term or long-term goals. However, most of the loans that the banks provide come with high-interest rates. If you are looking for loans against securities , we are the ideal choice for you. spark.loans is one of the leading digital platforms that provide secured loans to customers without unnecessary hassle. In this article, we will talk about the top benefits of it. So, let’s get started! Quick & Best Financing To Meet The Urgent Needs You never know when you might need urgent monetary requirements, it can be for higher education, purchasing real estate, etc. Arranging adequate funds at that moment can be a daunting job. In such cases, liquidating the long-term investments can be the only convenient option, but not anymore. Instead of selling your investment and savings, you can attain an instant loan against equity shares , which are just approved in 24 hours. Once the approval is accepted, the fu...
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Loan Against Securities - A Simple Guide

If you are thinking of selling your Mutual Funds, Shares, or Securities for money, don’t do it. This article will tell you different about a different opportunity i.e. Loan against Shares . A loan against securities provides you to raise funds against your securities without selling them. It is a new and innovative method to assist you in getting loans quickly. With a loan against securities, you can borrow capital by guaranteeing your financial investments. It allows you to raise money against your shares without selling them. What is a loan against securities? A loan against securities is a loan where an individual guarantees his or her shares, life insurance policies, or mutual funds as collateral to the bank against the loan amount. How do loans against securities work? A Loan Against Securities (LAS) is offered as an overdraft in your account after you have deposited your securities. You can draw money from the account as per your need. Along with the repayment of t...
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Considering loan against shares? Think about loans against shares eligibility

The advantages of this financial tool are unrivaled. However, there are a few factors to keep in mind when applying for a loan against securities . Many banks and non-bank financial companies (NBFCs) offer loans secured by securities on specific stock market investments. These loans are simple to apply for and might provide you with a substantial sum of money. A loan against securities is applied for in the same way that any other loan is applied for. You must complete a form with your information and submit it together with the required papers. Following the completion of the verification process, the lender will deposit the loan amount into your bank account, which you can use as needed. With low-interest rates, EMIs, and a relatively large loan amount, the advantages of this banking instrument are unrivaled. However, there are a few factors to keep in mind when applying for a loan secured by securities. While the majority of banks promise to give large loan amounts, there is a...
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In case you didn't already know, the following are the Loan Against Shares Eligibility Criteria

Loans might be an excellent approach to fund your wants and requirements. Banks and non-bank financial companies (NBFCs) now provide loans to enable people to buy nearly anything, from electronic equipment to gleaming new vehicles. Examine the following Loan Against Shares Eligibility Criteria . Loan Against Shares Loans against shares /securities are monetary loans made available in exchange for listed securities such as bonds, shares, insurance policies, or bonds. These loans come in handy when you need money quickly for a personal or business purpose. Loans against shares are a common way to obtain short or long-term loans, with payback terms of up to 36 months. The list of securities against which a loan can be obtained varies per lender, and loan amounts can range up to Rs.20 lakhs. How to Get a Share Loan? What is the loan against shares eligibility ? A loan against shares is a loan made against publicly traded stocks. To address investment and liquidity needs, investors...
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