Loan Against Mutual Funds
Quick, digital & hassle-free
Purpose: Your data is collected exclusively to check your loan eligibility and securely connect you with your chosen lending partner. We process this information strictly in accordance with RBI guidelines to facilitate your application. We do not sell your data, and it is used exclusively to facilitate your loan application.
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Loan against mutual funds is basically a way to get money without breaking your mutual fund investments. You just place your mutual fund unit with the bank and get a loan against it. Your investments stay untouched and keep growing. You just can’t sell them until you repay the loan. Now it’s digital. The whole process happens online, so there is no running to the bank. Just apply online and get the loan disbursed quickly. It is one of the easiest ways to get money fast without disturbing your long-term financial plans.
A loan against mutual funds online allows investors to meet their short-term financial needs without liquidating their investment. This facility is available for both equity and debt funds. Even customers with no credit history can access these loans.
Want to know all the benefits of these loans? They are all listed for you below:
At My Mudra, getting a loan against your mutual funds is quick, 100% digital, and completely secure. Here's how it works:
When you take a loan against mutual funds, it is useful to know what your monthly interest will look like. A loan against mutual funds calculator helps you estimate your interest payments based on your loan amount, how long you want to repay it and the loan against mutual funds interest rate.
How to Use the Calculator
Type in your desired loan amount, select how long you want to repay it, add the loan against mutual fund interest rate, and instantly get your monthly interest and total interest.
Type in your desired loan amount
Select how long you want to repay it
Add the loan against mutual fund interest rate
Instantly get your monthly interest and total interest
Below is a list of the popular banks that offer loans against mutual funds:
| Bank/Institution | LAMF Availability |
|---|---|
State Bank of India (SBI) | Available |
Looking to get a loan against mutual funds without the stress of paperwork or delays? At My Mudra, we make the entire process of getting a loan against mutual funds online easy, fast, and transparent.
Looking to get a loan against mutual funds without the stress of paperwork or delays? At My Mudra, we make the entire process of getting a loan against mutual funds online easy, fast, and transparent.
Quick and Easy Online Process: Apply for a loan on mutual funds in India with just a few clicks. No physical paperwork, no waiting in long queues.
Directly assisting you in all major cities with instant loan against mutual funds tailored for your growth.
Join 50,000+ happy customers served across India
Purpose: Your data is collected exclusively to check your loan eligibility and securely connect you with your chosen lending partner. We process this information strictly in accordance with RBI guidelines to facilitate your application. We do not sell your data, and it is used exclusively to facilitate your loan application.
Apply Online: Fill out a short form on the My Mudra website with your basic details, mutual fund scheme name, and desired loan amount.
Upload Documents Securely: Upload your PAN, Aadhaar, and latest mutual fund statement in PDF or fetch it directly via CAMS/KFintech.
Get Instant Valuation & LTV: Our system calculates real-time NAV, values your portfolio, and shows your eligible loan amount using a fixed Loan-to-Value ratio.
Approve Digital Pledge: Authorize the pledge through NSDL/CDSL via OTP. Your units stay invested and continue earning returns.
Receive Same-Day Disbursal: Once pledge is confirmed, we credit the loan amount to your bank—usually within hours.
Repay Flexibly, Anytime: Use your My Mudra dashboard to track, withdraw more, or prepay. Interest is charged only on the amount used.
ICICI Bank | Available |
HDFC Bank | Available |
Axis Bank | Available |
Kotak Mahindra Bank | Available |
Bank of Baroda | Available |
Punjab National Bank (PNB) | Available |
IDFC First Bank | Available |
IndusInd Bank | Available |
Canara Bank | Available |
IDBI Bank | Available |
Federal Bank | Available |
Mirae Asset Financial Services | Available |
Bajaj Finserv | Available |
Tata Capital | Available |
IIFL Finance | Available |
JM Financial | Available |
50Fin (via Bajaj Finserv) | Available |
Only approved equity or debt mutual funds
Mutual Fund Type
Applicant must be a salaried or self-employed professional
Fund Status
Units must be active and not already pledged
KYC Compliance
Must be KYC compliant as per SEBI guidelines
Account Type
Should have an active savings or current account
PAN Card
A valid PAN card is mandatory
Lender’s Approved List
The fund should be from an AMC approved by the lender
Documentation Required for a Loan on Mutual Funds
When you are applying for a loan against mutual funds online, the paperwork is pretty light. Here is a list of the commonly required documents when applying for such loans: