LOAN AGAINST SECURITIES

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Loan Against Securities (LAS)

Loan Against Securities (LAS) is a type of secured loan where individuals pledge their financial assets such as stocks, mutual funds, or bonds as collateral to avail funds from banks or financial institutions. LAS offers quick access to funds without liquidating investments, making it an attractive option for short-term financing needs. The loan amount is typically determined based on the market value of the securities, providing borrowers with flexibility in borrowing amounts. However, failure to repay the loan may result in the lender selling the pledged securities to recover the outstanding amount.