Loan Against Mutual Fund

Apply for Loan Against Mutual Fund Now!

Click or drag files to this area to upload. You can upload up to 10 files.
Click or drag files to this area to upload. You can upload up to 30 files.
Click or drag files to this area to upload. You can upload up to 10 files.
Click or drag files to this area to upload. You can upload up to 20 files.
Click or drag files to this area to upload. You can upload up to 10 files.
Click or drag files to this area to upload. You can upload up to 10 files.

A loan against a mutual fund is a type of borrowing that allows individuals to avail of a loan from a lender by pledging their mutual fund units as collateral.

Through a Digital Loan against Mutual Fund, you offer your MF units as collateral for the loan. The bank holds the Mutual Fund units as a security till you repay the loan amount. Your Mutual Funds will continue to earn returns, but you cannot sell them while you have pledged them to the bank.

Anyone who have invested in mutual fund is eligible for this loan.please note SIP is not considered. Bank can lend basis of Equity Fund,Debt Fund,Hybrid Funds.

Normaly it takes 5 Hours to max 5 Days if all the evaluation and documentations are correct.

Maximum 10 % depend on applicant profiles and scorecard.

1 years to 3 years.

Getting a Loan against Mutual Fund  from FinoFriend is easy, especially if you have your documents are in order and you have a good credit track record. You have to just fill-up our Loan against Mutual Fund application, then all processes will be completed by our side.