Loan against Mutual Funds
Loan against Mutual Funds is a secured loan option where your mutual fund units act as collateral for loans from financial institutions. The lender holds these units until you repay the loan. While your mutual funds continue to generate returns, they can't be sold or redeemed while pledged as collateral. The loan amount is a percentage of your mutual fund's current value.
Benefits of Loan against Mutual Funds:
- Completely digital process, zero paperwork
- Attractive Interest rates
- Overdraft facility available
- Facility to pay full amount through EMIs or only interest during the tenure
- Approved funds across all AMCs
- Investor wealth continues to grow during loan tenure
- Retain ownership of your mutual funds
Process Flow
- Sign up.
- Complete one-time KYC verification using your PAN & Aadhaar details
- Verify your bank account and set up E-mandate
- Pledge/Lien mark your funds at CAMS & KFINTECH RTAs
- Digitally sign the loan agreement with OTP authentication
- Overdraft or Immediate disbursement.
- Loan will be disbursed within the same day.
To avail Loan Against Mutual Fund, please
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Loan Service Provider
DhanLAP powered by M/s. Ark Neo Financial Services Pvt Ltd.
Contact & Other related details
Product offerings: Loan against Mutual Funds
Registered address: 15/22, 92nd Street, 18th Avenue , Ashok Nagar, Chennai, Tamil Nadu – 600083.
Link to LSP: