The capital of a Private or Public Limited Companies are divided into shares. Shares can be categorised mainly into two types – Ordinary and Preference Shares.  Ordinary share generally carry no fixed rate of dividend unless deferred ordinary shares are issued, but receive a dividend dependent on the amount of net profit earned by the company. Preference shares generally carry a fixed rate of dividend which however is payable before payment of the dividend on the ordinary shares. The holding of shares are  presented by share documents, which is issued under the official seal of the company, showing ownership of share(s) in that Company. Bank may provide loan against lien/preclude of these share certificates of various companies approved by Head Office from time to time listed in the Stock Exchange.