Shares are the brilliant options to get a higher return on investment. It is one of the most flexible investment options where you can buy or sell your shares as per your convenience and as per favourable market condition. You will always get the option to sell your shares to meet the financial crunch. But, what if you get a better option? Why don’t you keep your shares as collateral and arrange the money for you?
You may find the various financial institution that will offer you a loan against shares but choose the best one.
What all benefits you can enjoy out of a loan against shares?
You can avail a loan with a high principal amount, which can be up to 50% of the total worth of your shares. However, this may vary from one lender to another. If you choose any renowned NBFC like Bajaj Finserv, you may get loan amount ranging from Rs.15 lakh to Rs.10 crore. They help to get you a loan quickly, loan approval in 5 minutes and disbursal in 72 hours.
You can get maximum flexibility as you can repay the loan comfortably within 12 months. You can opt for prepayment and foreclosure facility without paying any extra charge.
Read More :- 5 Things You Should Know About Loan Against Shares
Read More :- 5 Things You Should Know About Loan Against Shares
Alisha Antil is your best financial helper for insurance. She has a vast experience in finance and insurance and provide to you the expert advise in insuring your property and health.
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