Loan against Securities in Ahmedabad: Loan against security is a loan given to the customer against the pledge of a security. You can always pledge the following securities to avail a loan against it:
☞Non convertible debentures
☞Selected Private Insurance policies
☞National Savings certificates
☞Kisan Vikas Patra
☞Gold Deposit Certificates
☞Equity SharesInstead of selling off your security, loan against securities in Ahmedabad allows you to avail finance for time being. This means without selling your shares you get cash very easily at the time you need it. Also you are not deprived of the benefits, bonus and dividends. Normally a current account is opened in the name of the applicant and interest is charges on the amount utilised and the time of utilisation.