How to pledge shares to take loan, know the complete process | Paisa Live | How to pledge shares to take loan, know the complete process

You can get money not only by selling shares but also by pledging them, be it bank or NBFC, all give this loan….When people need money, they take loan from bank or non-banking financial companies. Usually, while taking a loan, we have to mortgage something with the bank. If you invest in the stock market, then to arrange money in emergency, you can take a loan by pledging your securities (stocks, mutual funds, bonds etc.). This loan is also called loan against shares or loan against securities. Today, many banks and NBFCs in the country are providing this loan. You can mortgage shares up to Rs 20 lakh from the country’s largest bank. At the same time, some NBFCs give loans up to Rs 1 crore. Watch the full video for complete information about this.