A loan against stocks is a loan obtained by pledging the stocks as collateral to access quick finance. With Bajaj Finance, you can pledge your stocks as collateral and avail funds up to Rs. 10 crore at affordable interest rates. You can affordably meet all your financial needs by seeking a loan against stocks.
A stock is a generic term that refers to the ownership certificates of any company. Stocks are usually categorised into two types—common and preferred. With the common stocks, the stockholder has voting rights on the corporate decision. With preferred stocks, the stockholder is entitled to earn a certain level of dividend payments before any dividends are issued to other stockholders.