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What is Loan against Stock?

What is loan against Stock?

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 corporate decision. With preferred stocks, the stockholder is entitled to earn a certain level of dividend payments before any dividends are issued to other stockholder.

Finance all your needs affordably with a loan against stocks, you can avail a Loan Against Security by pledging your stocks as collateral to Bajaj Finserv. This way, you can avail funds up to Rs. 10 crore at affordable interest rates.

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