Loan consultants perform the same duties as a bank loan officer. These include collecting personal information in a loan application, using it to assess a borrower’s credit and financial history and explaining the loan process to the applicants.
Loan Against Shares is Loan Against Marketable Securities in which the customer pledges his investment in favour of lender and borrows funds to meet his financial and personal requirement without selling his investment
You can repay the loan at any point of time during the loan tenor by repaying the due interest and principal loan amount through RTGS / NEFT / Cheque
Although shares are pledged, it will remain in your name only.