New Delhi, Sept. 26 -- If you invest in stocks for the long-term and want to generate a passive income from your shares idling in your demat account, check the stock lending and borrowing (SLB) mechanism offered by the exchanges.

To avail this facility, first check whether your stock broker has access to the SLB segment. The brokers need to take separate access to the SLB segment and your broker may or may not have it.

If the broker does have the access, you will need to inform your broker that you would like to lend shares and also share the list of stocks from your portfolio that you wish to lend. As and when there is demand for borrowing of shares that matches your list, your broker will inform you about the lending opportunities.

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