diff --git a/fineract-provider/src/main/java/org/apache/fineract/portfolio/shareaccounts/serialization/ShareAccountDataSerializer.java b/fineract-provider/src/main/java/org/apache/fineract/portfolio/shareaccounts/serialization/ShareAccountDataSerializer.java
index 78b9b3506..11daee94a 100644
--- a/fineract-provider/src/main/java/org/apache/fineract/portfolio/shareaccounts/serialization/ShareAccountDataSerializer.java
+++ b/fineract-provider/src/main/java/org/apache/fineract/portfolio/shareaccounts/serialization/ShareAccountDataSerializer.java
@@ -647,7 +647,7 @@ public class ShareAccountDataSerializer {
         ShareProduct shareProduct = account.getShareProduct();
         if (sharesRequested != null) {
             Long totalSharesAfterapproval = account.getTotalApprovedShares() + sharesRequested;
-            if(totalSharesAfterapproval > shareProduct.getMaximumClientShares()) {
+            if(shareProduct.getMaximumClientShares() != null && totalSharesAfterapproval > shareProduct.getMaximumClientShares()) {
                 baseDataValidator.reset().parameter(ShareAccountApiConstants.requestedshares_paramname).value(sharesRequested)
                 .failWithCode("exceeding.maximum.limit.defined.in.the.shareproduct", "Existing and requested shares count is more than product definition");
             }