How To Take Loan Against Shares? | Explainer | Money9 English
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How To Take Loan Against Shares? | Explainer | Money9 English
Pledging shares for a loan involves using shares held by an individual or entity as collateral to secure a loan from a financial institution or lender. When shares are pledged, they remain in the possession of the borrower but are hypothecated to the lender as security until the loan is repaid. If the borrower defaults on the loan, the lender ...
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