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Top 7 attributes of Loan Against Shares and Securities

by Era Inventions

Loan against shares and securities is a popular form of financing in the market today. It is fast emerging as a go-to option for people looking for funds immediately.. A loan against securities can be availed real quick and easy just by pledging securities such as shares, mutual funds, bonds, and other securities as collateral. Rurash Financials is a leading financial services company that facilitates loans against shares and securities from the most trusted lenders in the industry at an interest rate as low as  8.5%. This makes loan against shares a cost-effective and beneficial financing option for people who are looking for immediate funds without diluting their investments or savings. 

In this article, we will discuss the top 7 attributes of a loan against shares.

1. Lower Interest Rates

Rurash Financials helps you get the loans against shares and securities from the leading and most trusted institutions at an interest rate as low as  8.5%, which is relatively lower compared to other loans, such as personal loans or credit card debt. This is because the borrower is providing collaterals in the form of securities, which reduces the lender’s risk. The lower interest rate makes the loan affordable and helps in the repayment process. Additionally, the loan against shares comes with zero foreclosure charges. 

2. High Loan Amount

In the usual scenario, the loan amount that can be availed against shares and securities depends on the market value of the securities or they come with a certain limit. Rurash Financials helps you get the best possible market value of the securities as the loan amount, which is substantially higher than other loans. Also, the designated loan officer at Rurash Financials will help you get a loan anywhere between Rs.10 lac to upto Rs.1 Crore even if that is to be sourced from one or more lenders.  This means that a person with a portfolio of high-value securities can get a larger loan amount to meet their financial requirements.

3. Quick Disbursement

Rurash Financials offers quick disbursement of loans against shares and securities. Once the borrower has pledged the securities as collateral, the loan process is expedited, and the funds are disbursed within a few days. The quick disbursement process is beneficial for people who need urgent funds. Additionally, we take utmost care for customer convenience and hassle-free loans.

4. No Prepayment Charges

 There are no prepayment charges on loans against shares and securities. This means that the borrower can prepay the loan amount anytime without incurring any additional charges. The no prepayment charges feature provides the borrower with the flexibility to repay the loan early, which can save them a significant amount of money on interest payments.

5. No Impact on Credit Score

Applying for a loan against shares and securities does not affect the borrower’s credit score. Largely there is no credit check on the borrower, as the securities pledged act as collateral. Also, any sanctioned loan against securities does not show up on the credit report, which means that the borrower’s credit score remains unaffected.

6. Flexible Repayment Options

Loan Against Securities come with flexible repayment options. The borrower can choose from various repayment options, such as monthly interest payment or bullet payment at the end of the loan tenure. The borrower can choose the repayment option that suits them the best, based on their financial situation.

7. Retain Ownership of Securities

One of the significant advantages of availing a loan against shares and securities is that the borrower can retain ownership of the securities. The borrower does not have to sell their securities to avail of the loan. The borrower can continue to earn dividends, capital gains, and interest income from their securities while also using them as collateral for the loan.

Conclusion

A loan against securities is a cost-effective and beneficial financing option. The loan is provided against securities such as shares, mutual funds, bonds, and other securities. Rurash Financials is a leading financial institution that helps you facilitate loans against shares and securities at a rate of interest as low as  8.5%. 

To explore more about loans against securities or to check your eligibility score for the same, connect with the team now. 

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