Frequently Asked Questions (FAQs)
What is a loan against shares?
A loan against shares lets you borrow money by pledging your stocks or mutual funds—without selling them. You keep ownership, stay invested, and get quick funds when needed.
Who can apply for this loan?
Anyone who owns approved listed shares can apply—whether you’re a salaried professional, a business owner, or an investor. NRIs and companies can also apply, depending on the eligibility rules.
How much money can I borrow?
You can borrow up to 50% of the current value of your shares. At EarlyGrow, loans typically start from ₹1 lakh and can go up to ₹20 lakh.
What kind of shares or securities are accepted?
We accept a wide list of approved stocks, mutual funds, and some bonds. Just reach out to us to know if your portfolio qualifies.
What interest rate will I be charged?
Interest rates are competitive and depend on the market. The good news? You only pay interest on the amount you use and for how long you use it.
How long is the loan period?
Usually, the loan is valid for one year. You can renew it every year if everything’s running smoothly.
Are there any extra fees?
Yes, there’s a small processing fee—usually around 0.5% of your loan amount. We’ll also share details of any other small charges during the application.
How do I get and repay the loan?
Once approved, the loan amount goes straight to your bank account. You can repay anytime before the term ends. Interest is usually paid monthly.
What if my shares lose value after I take the loan?
If your shares drop a lot in value, we might ask you to add more collateral or repay part of the loan. If that’s not possible, we may sell some of the pledged shares to cover the balance.
How do I apply with EarlyGrow?
It’s easy! Just apply online through our website or talk to our team. We’ll guide you through every step and make the process quick and simple.
