FREQUENTLY ASKED QUESTIONS
The credit limit is calculated by taking a percentage of the current market value of the mutual funds you wish to pledge. This percentage is 45% for equity MFs and 75% for debt MFs. To calculate credit score, we will need your PAN, phone number linked to your mutual funds holdings.
The tenure of the loan is up to 36 months. During this tenure, you can do part-prepayment or foreclosure of the loan without any charges.
Loan Against Mutual Funds is a type of loan where you can borrow money by using your mutual funds investment as collateral.
For sanctioning loans against mutual funds, there are over 6000+ approved schemes in equity, debt & hybrid category.
You can get an instant loan against shares online in 4 easy steps - a completely digital and paperless process.
