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...