Introduction
A hassle-free loan for any situation.
Loan Against Mutual Funds lets you unlock instant liquidity from your portfolio without selling a single unit. Your investments stay invested, your SIPs and returns keep compounding uninterrupted, and the loan amount is credited directly to your bank account.
With minimal documentation, a fully digital application, and interest-only EMIs for tenures from 6 to 60 months, you can unlock liquidity for any planned expense without disrupting your investment journey. Pay only the interest each month, repay the principal at the end, and keep your portfolio working for you. Pledge your eligible mutual fund units and access the value of your portfolio today.
Loan Against Mutual Funds lets you unlock instant liquidity from your portfolio without selling a single unit. Your investments stay invested, your SIPs and returns keep compounding uninterrupted, and the loan amount is credited directly to your bank account.
With minimal documentation, a fully digital application, and interest-only EMIs for tenures from 6 to 60 months, you can unlock liquidity for any planned expense without disrupting your investment journey. Pay only the interest each month, repay the principal at the end, and keep your portfolio working for you. Pledge your eligible mutual fund units and access the value of your portfolio today.
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A loan for every unique need
Features and Benefits of Loan Against Mutual Funds
Discover features designed to give you instant liquidity while keeping your investments working for you. With a fully digital pledge process, competitive rates, and quick disbursal, borrowing against your mutual funds has never been simpler.
Stay invested while you borrow
Loans from ₹6000 to ₹10 Lakhs
*Maximum amount depends on the value of your pledged funds and the applicable LTV.
100% online, paperless pledge
Interest rate from 10% p.a.
Minimal documentation
Quick disbursal to your bank account
Eligibility & Documents
Learn about the eligibility requirements and necessary documentation for quick loan approval.
Features
- Loan amount from ₹6000 to ₹10 Lakhs (Maximum amount depends on the value of your pledged funds and the applicable LTV.)
- Interest Rates ranging from 10% to 27.5% per annum
- Tenure ranging from 6 months to 60 months
- Processing fee up to 4.7% + GST
- Quick & direct transfer to the Bank Account
- Loan secured against a lien on your mutual fund units (no separate collateral required)
- Interest serviced monthly; principal repaid as a single bullet payment at the end of the tenure
Eligibility Criteria
- Indian Citizen
- Age to be 21 years and above
- Minimum monthly personal income of ₹25,000
- Monthly household income more than ₹25,000
- Valid government-issued identity proof
- Aadhaar-linked mobile number
- Mutual fund units must qualify under the whitelisted funds and the applicable Loan-to-Value (LTV) ratios set by the company
Documents Required + Interest Rates,Fees and Charges
- Photograph
- PAN
- Address Proof (Permanent & Current Address)
- Lien authorisation on eligible mutual fund units
Other Fee & Charges
- Lien charges
- Upto ₹550 + GST as charged by RTA which will be mentioned upfront in the KFS (Key Fact Statement)
- Unlien Charges
- Upto ₹200 + GST as charged by RTA which will be mentioned upfront in the KFS.
- Retained Processing Fees in case of cool-off
- A percentage of the one-time processing fees along with lien and un-lien charges may be retained as the cool-off fee if the customer exits the loan during the cooling-off period. The exact amount of the cool-off fees is disclosed upfront in the KFS.
- Liquidation Charges
- Rs.100 + GST or as per actuals as incurred during liquidation per instance which will be mentioned upfront in the KFS.
- Penal Charges
- Penal charges in case of default in payment of interest and/ or principal amounts - 1st day bounce charges - 4% on defaulted amount (capped to a maximum of INR 500). 2nd to 180th day penal charges - 3% p.m. on defaulted amount. (Annualized Penal Charge of 36%)
- Stamp Duty
- Upto ₹ 1000 mentionaed upfront in the KFS.
- Credit Information Report Fees
- ₹50 + GST if the customer opts to receiving their Credit Information Report.Credit Information Report fees is disclosed upfront in the KFS.
- *round to the nearest rupee
Application Requirements
- Mobile Number
- First & Last name
- Date of Birth
- Gender
- PAN
- Employment Type
- Monthly Income
- Company name
- Address Proof
- PAN Photo
- Selfie
- Permanent Address
- Current Address
- Education
- Profession
- Marital Status
- Father/Mother / Spouse Name
- Reference Contact
- Mutual fund folio details
- Lien authorisation details
- eNACH mandate
- Disbursement Bank Account Details
Loan Against Mutual Funds Calculator
Calculate what you can borrow against your mutual fund portfolio, effortlessly, with our Loan Against Mutual Funds Calculator, to make informed decisions.
Get a Loan Against Mutual Funds in a Few Easy Steps
Borrowing against your mutual funds is quick and fully digital. Follow these simple steps to pledge your units and get funds disbursed directly into your bank account.
Purpose And Uses
Discover how our loan against mutual funds can be tailored to meet your specific needs. Whether you need money for travel, education, emergencies, or any other purpose, find the right loan against mutual funds option to fit your unique situation. Here are some things you can use the funds for: