Loan against mutual funds allows you to unlock the potential of your investments by using them as collateral for a loan. It is a convenient and cost-effective way to meet your financial needs without having to liquidate your mutual fund holdings.
With a loan against mutual funds, you can continue to earn returns on your investments while gaining access to funds. This facility is ideal for short-term requirements like education, medical emergencies, or business needs.
Key Features:
- Quick Disbursal: Faster loan approval and disbursal process.
- Retain Investments: No need to sell your mutual fund units; they remain invested.
- Low Interest Rates: Competitive interest rates compared to unsecured loans.
- Flexible Repayment: Choose a repayment tenure that suits your financial situation.
- Loan Limit: The loan amount depends on the value of your mutual fund portfolio.
Benefits:
- Continued Growth: Your mutual funds continue to generate returns while serving as collateral.
- No Prepayment Charges: Pay off the loan early without incurring additional fees.
- Minimal Documentation: Hassle-free application process with limited paperwork.
- Multiple Mutual Funds Accepted: Pledge a wide range of mutual fund schemes across categories.
Loan against mutual funds is a smart way to manage your finances while keeping your investments intact. Leverage your mutual fund portfolio today to meet your financial goals efficiently and conveniently.