Why REDEEM,
When you can get LOAN
Use your credit limit, while your investments continue to grow. Access funds in 4 hours without selling your portfolio.
Why Choose Loan Against Mutual Funds
In 4 Hours
Amount in your bank account on business days. Rapid transaction facility.
100% Paperless
No lengthy forms, 100% digital process with instant approval.
10.49% Interest Rate
While your equity investments grow at ~15%. Minus 2% only pays.
Overdraft Facility
Withdraw and pay as per your need. Pay interest on per your usage. No hidden charge.
Loan Repayment
Interest deductions will be made on the 3rd of every month. Please note this is only the interest component. The principle amount can be paid back as and when you want
You can close your loan anytime you want by repaying the pending amount
The one time processing fees is valid for 1 year. If you wish to continue your loan beyond one year, annual fees will be deducted again
Loan Limit Eligibility
How much loan can you get on your investments?
Equity and Hybrid Funds
70%of current value
Debt Funds
80%of current value
Liquid Funds
90%of current value
Annual Loan Fees
₹999 + GST
One time processing fees applicable for 3 years