AnyTV News
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Automobiles
  •  
    • Lifestyle
    • Health
    • Education
    • Viral News
    • Agriculture
    • Astrology
    • Election
No Result
View All Result
  • Select Language
    • English
    • हिंदी
    • ગુજરાતી
  • Advertise With Us
AnyTV News
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Automobiles
  •  
    • Lifestyle
    • Health
    • Education
    • Viral News
    • Agriculture
    • Astrology
    • Election
No Result
View All Result
AnyTV News

If you need money, quickly take a loan against shares, know the complete process –

by Aaryan Srivastav
October 31, 2024
If you need money, quickly take a loan against shares, know the complete process - India TV Hindi

Photo:FILE share

Nowadays many people invest in shares. If you also invest money in shares then there is good news for you. If you need money, you can easily take a loan against your shares. Mutual fund houses and many banks offer loans against shares in the form of overdraft facility. Therefore there is no fixed repayment or EMI for the principal amount. However, the loan tenure is for 1 year. You can repay the principal amount anytime during the loan tenure as per your convenience. You will be charged only interest on monthly basis which will be automatically debited from the registered bank account.

How does loan against shares work?

Loan against shares (LAS) is given to borrowers under overdraft facility. In this, loan is given against mortgage of equity holdings. For example, if shares worth ₹10 lakh are pledged, the borrower will get a loan up to ₹5 lakh as per the Reserve Bank of India (RBI) maximum loan-to-value (LTV) ratio of 50%. For mid-cap or small-cap stocks, LTV can fall as low as 30%.

What will happen if the value of the share falls?

For example, if a borrower fully utilizes an overdraft facility of ₹5 lakh against shares worth ₹10 lakh, and the value of the shares falls to ₹8 lakh, the LTV would cross the 50% mark. Is. To reinstate it, the borrower will have to either reduce the loan amount to ₹4 lakh or pledge another share worth ₹2 lakh to maintain the coverage. LTV is reevaluated on a daily basis.

How much interest is charged?

For example, if you borrow ₹5 lakh against shares at an annual interest rate of 10%, the daily interest rate will be around 0.03%, making the monthly interest rate 0.85%. This means your monthly interest payment will be around ₹4,246. Since LAS acts as an overdraft facility, interest is charged only on the amount utilized, providing additional flexibility to borrowers. Most lenders charge interest rates between 9-12%.

Will sell shares if interest is not paid

The lender can also sell the pledged shares if the borrower does not pay the interest for 60-90 days from the due date, depending on the loan terms offered by the lender. Experts say that loan against shares should be used only when there is a great need of money, because there is always a risk of losing your shares.

Latest Business News

SendShareShareTweetSharePinShareSend

Related Posts

dsafd
Business

Mixed signs from Asian markets on Monday, gift nifty flat, know how will the market move on the first day of the week?

by Aaryan Srivastav
July 28, 2025
dsaf
Business

“Indian Rupee vs Dollar” broken rupee against dollar, Indian currency closed at 5 paise falls

by Aaryan Srivastav
July 28, 2025
dssfd
Business

“Gold Price Today” Gold and silver became stable after breaking the price, know the rate of 10 grams of gold

by Aaryan Srivastav
July 28, 2025

Latest News

sdafd
Astrology

After all, why does Mansa Devi say the goddess of snakes? Know what is relation with Lord Shiva

by Sandhya Hirani
July 28, 2025
Father, daughter, son and grandmother gave life, people ran away after hearing the voice of vomiting, they flew away after seeing the situation
News

Father, daughter, son and grandmother gave life, people ran away after hearing the voice of vomiting, they flew away after seeing the situation

by Ankita Sharma
July 28, 2025
लड़कियों को इम्प्रेस करने के चक्कर में गलती से भी ना करे ये गलतियां, वरना पहली मुलाकात में ही हाथ लगेगा रिजेक्शन 
Lifestyle

Do not make these mistakes even by mistake in the affair of impressing girls, otherwise rejection will be done in the first meeting itself

by Kavita Nagar
July 28, 2025
Who is Harshvardhan Jain in Hindi: Who is Harshvardhan Jain?
India

Harshvardhan Jain Fake Embassy Case: Large revelations about Harshvardhan Jain, who runs a fake embassy, opened dozens of companies in many countries including Britain, foreign tours were done more than 150 times, Big Revelations About Harshvardhan Jain Jain Jain Who Ran Fake Embassy in Ghaziabad

by Amit Tripathi
July 28, 2025
AnyTV News

AnyTVNews is a prominent digital news channel in India, known for delivering the latest updates on politics, sports, entertainment, and local events. The channel’s dedicated team of journalists and reporters ensures that viewers receive accurate and timely information from every corner of country. AnyTVNews has built a reputation for its fast and reliable news service, making it a trusted source for the people of India. The channel’s programs and news bulletins are highly popular among viewers, establishing AnyTVNews as a significant player in the news landscape.

CONNECT WITH US

TRENDING TOPICS

  • Agriculture
  • Astrology
  • Automobiles
  • Business
  • DIY
  • Education
  • Election
  • Entertainment
  • Gadgets
  • Health
  • India
  • Internet
  • Lifestyle
  • Mobile
  • News
  • Opinion
  • Politics
  • Regional
  • Sports
  • Technology
  • Uncategorized
  • Viral News
  • World

READ NEWS IN

  • Hindi
  • Gujarati
  • English

FOLLOW US ON

Follow us on Google News
  • About Us
  • Advertise With Us
  • Disclaimer
  • DMCA Policy
  • Privacy Policy
  • Contact Us

© 2025 AnyTV News Network All Rights Reserved.

No Result
View All Result
  • Select Language
    • हिंदी
    • ગુજરાતી
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Lifestyle
  • Health
  • Automobiles
  • Education
  • Viral News
  • Agriculture
  • Astrology
  • Election
Follow us on Google News

© 2025 AnyTV News Network All Rights Reserved.