" Loans against shares have become a viable method of raising funds for business needs. Here’s what you should know before applying for the loan: 1. Pre-approved securities: They are particular securities that can be used as collateral based on a pre-decided list of approved shares. 2. Tenure: The tenure of a loan can be up to 365 days or 12 months, with the option of renewal, based on the lender’s discretion, 3. Loan amount: The minimum loan amount that can be borrowed Rs 25 lakhs."