INTERVIEW QUESTIONS LOAN LOAN AGAINST SECURITIES DETAILS

Question: What is the maximum limit of loan i can get if i opt for loan against shares?

Answer: Your bank will be the final judge in selecting the securities according to their market value and offer 50 to 70% of the loan amount to the borrower. Usually the maximum loan amount applicable for many banks is 50% of the value of the shares to a maximum limit of Rs 20 Lakh and 50% lending on the NAV for mutual funds.

Your bank will be the final judge in selecting the securities according to their market value and offer 50 to 70% of the loan amount to the borrower. Usually the maximum loan amount applicable for many banks is 50% of the value of the shares to a maximum limit of Rs 20 Lakh and 50% lending on the NAV for mutual funds. Source: CoolInterview.com

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