Loan Against Shares � Eligibilities, Features and Benefits
Manyasharma0109 Feb, 2024Finance
A loan against shares is a type of loan where a borrower can pledge his/her shares in a company as collateral for the loan. It is a secured loan, and the amount of the loan depends on the value of the shares. If a borrower defaults on the loan payment, the lender has the right to sell the shares to recover the outstanding amount.
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