Life may throw many situations that may demand an urgent flow of money. When you don’t have any financial backup, you are left with no options than to avail a loan. However, the loan amount that you may get may not be enough to cover your needs and expenses. Hence, if you have made some investments in shares, stocks, mutual funds, FMPs, bonds and more, you can avail a loan against them. As a result, you may get a higher loan value to fulfil your diverse needs. What is the…
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Know – Is loan against shares are right for you?
Money is power in today’s time and has been a power since time immemorial. Yes, money is not everything but holds importance in many occasions and time. Sometimes, there could be situations that may demand an immediate flow of money, and you may not want to resort to a higher interest rate based lending instruments. In the same context, when you apply for a loan against shares, you may be able to grab a higher amount as the loan value at a lower rate. Since your collateral, in this case,…
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