Loan Against Securities
What is Loan Against Securities?
Loan Against Securities refers to a financial product where you pledge your investments (like shares, mutual funds, bonds, or insurance policies) as collateral to secure a loan.
Benefits of Loan Against Securities:
Quick Access to Funds: It provides immediate liquidity without selling your investments.
Lower Interest Rates: Compared to unsecured loans like personal loans, the interest rates are generally lower.
No Need to Liquidate Investments: You can leverage your securities for financial needs while still benefiting from market appreciation.