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What is Loan against Equity Shares?

What is a loan against equity shares?

An equity share is commonly called a share that represent a part of ownership of a company. Here, every shareholder is a partial owner of the company and earns dividends based on the performance of the company.

Loan Against Shares are a convenient and easy way to avail high-value loans at affordable interest rates. In this type of loan, you can pledge your shares as equity to avail funds of up to 50-60% of their value of your shares. Bajaj Finserv offers Loans Against Security of up to Rs. 10 crore.

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