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All you Need to Know about Loan against Shares




The feature that distinguishes loan against shares is that you can draw money from the account and only have to pay interest on the amount and period used.

What is Loan against Shares?
Loan againstshares is monetary loans which are offered against bonds, shares, mutual funds, insurance policies or bonds. It is basically a loan wherein you guarantee the securities you have spent in as security against the loan amount. The loan against shares is one of the finest ways to make your investments smarter and harder for you.

What are the documents required for Loan against Shares?
The documents required to avail this loan are:

Individual Borrower
PAN card
AADHAR card
Bank statement/cancelled cheque

Company Borrower
Board resolution
The list of directors
Address proof of company and director
Cancelled cheque
Bank statement
Shareholding pattern
MOA/AOA

What are the eligibility criteria for Loan against Shares?
The eligibility criteria for loan against shares are offered to:
  • Business Owners
  • Industrialists
  • Traders


What is the interest rate to avail Loan against Shares?
With the help of income eligibility calculator, you cannot just calculate your EMI but also interest rate. Usually, the interest rate for loan against shares is 11.25%.

What are the benefits you can avail from IndiakaLoan.com?
IndiakaLoan.com provides the hassle-free way to acquire funds without liquidating your assets; following are the benefits you can get from the financial provider:
Relationship Manager
It provides you with a 24*7 dedicated relationship manager to help you with all the requirements.
Online Access
It offers you the facility to manage your account of loan from anywhere and anytime.
Easy Documentation
You do not have to worry about the documentation process as there is no need for financial documents for the loan against shares thus, making it stress-free.
Foreclosure Charges/Nil Part Payment
It offers the facility of foreclosure charges to help you make loan repayment as per your comfort.

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