A few examples of these companies are mentioned in the above picture, and the maximum loan amount can be availed if one holds and invests in a particular category of shares or companies. www.Shareloan.in can help in providing Loan against shares and loan amounts up to 70-80% of these blue-chip shares without selling and retaining the portfolio for long-term benefits. One can also look at the Nifty-50, Sensex or NSE Top-100 companies available on the link below and buy any of these companies for maximum benefits.

1)https://www1.nseindia.com/products/content/equities/indices/nifty_100.htm
2)https://www1.nseindia.com/products/content/equities/indices/nifty_50.htm
3)https://www.bseindia.com/sensex/code/16/

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Collateral
Banks provide a complete list of approved securities against which they are willing to offer a loan. A lien is created against these securities in order for the loan to be taken. The value of loan is a percentage of the value of the securities, which can be anywhere between 70% (for equity shares), 90% (for bank deposits) & 60–70% (for mutual funds) , Approved Bonds (85%) .

Process
A current account with overdraft facility is opened and a borrowing limit is set based on the value of the collaterals. Investors can withdraw from the account whenever they choose, and can repay it by depositing the amount back into the current account. The process is simpler and more flexible than that of an EMI-based loan.

Interest
The interest rate on an LAS is lower than that of a personal loan or a credit card, since it is secured by collateral. Interest is charged monthly, quarterly , semi annually or yearly (Depending on client) , on the basis of the daily outstanding balance in the overdraft account.

Flexibility

Once the limit is sanctioned based on the value of the collateral loan amount is directly transferred to bank account which client can withdraw from ATM aswell or Cheque .Repayment can be made based on cash inflows at any time or Shares pledged can be changed or increased/decreased anytime from any scrip category to another and after payment or early loan share pledged can be removed in few days .

The minimum amount of a loan against shares/securities is 10 lakh while the maximum amount that can be arranged is more than 100–200 Crore .

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