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Mutual Fund required

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11% R.O.I.

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Less Documentation

Loan Against
Mutual Funds

Loans against mutual funds have become a popular option for people who need quick access to funds without having to sell their mutual fund investments. Get LAMF within minutes with less documentation where CIBIL Score is not the barrier to getting financial aid.  This type of loan allows you to borrow money against the value of your mutual fund units.

A person must have mutual funds which are eligible for the investment portfolio. The Portfolio can be irrespective of online and offline trading platforms or methods. Mutual funds serve as collateral for the loan. Based on the Portfolio value, the loan amount is determined. The best part is- there is no paperwork, or CIBIL check and it is 100% digital. 


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Loan Against Mutual Funds

Eligibility and Documentation
For Loan Against Mutual Funds

To avail of the Loan Against Mutual Funds you should have passed the following eligibility criteria and documentation.

 

1. Citizenship : A borrower must be an Indian Citizen 

2. Age: The age of the borrower should be between 18-65 years

3. CIBIL Score: No requirement for the CIBIL Score

Documents required for Loan Against Mutual Funds

1. Loan Agreement Signing
2. KYC Documents 
3.  MANDATE (auto-debit)

 


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Eligibility and Documentation For Loan Against Mutual Funds

Process to avail Loan
Against Mutual Funds

We have simplifies the process, by making it 100% digital. With simple 3 steps: 

1. Signup on the website and create your profile. 

2. Fetch Portfolio

3. Pledge your holding and proceed with signing loan agreement.

4. Get your loan approved with lowest interest rates within minutes. 

 


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Process to avail Loan Against Mutual Funds

Fee and Charges Loan Against Mutual Funds

Check the interest rate and charges for taking loan against mutual funds from 50fin. 

Topic  Interest rate and charges
Loan Against Mutual Funds (Interest rate)  11% P.A. 
Processing Fee  999+ GST (to be deducted from loan amount) 

Loan Amount

Tenure

MO

Interest Rate in %

%

Your Monthly loan emi Rs:23,537

Monthly amount paid to your loan provider

Interest rate in %

Total Payble Amount

5,64,882
Rs

your loan details as specified by you

Loan Amount
5,00,000
Rs
Tenure
24
M
Interest Rate
12
%

Frequently Asked Questions
Loan Against Mutual Funds

What is Loan Against Mutual Funds?

Loan Against Mutual Funds is the financial aid in which the mutual funds acts as the collateral. You can avail of the Loan Against Mutual Funds from 50fin within minutes. 

What is the requirement for taking loan against mutual funds?

A borrower needs to have a mutual fund. 

What is the maximum amount that I can get as a loan against mutual funds?

The maximum amount that you can get as a loan against mutual funds depends on the value of your mutual fund units. Different mutual fund companies have different loan-to-value (LTV) ratios, which determine the maximum loan amount. 

What is the interest rate for Loan Against Mutual Funds?

The interest rate for the loan against mutual funds starts from 1%. 

Is Loan Against Mutual Funds a secured loan?

 Yes, Loan against mutual funds is a secured loan as the mutual funds act as the collateral. 

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