Loan Against MutualFund Loan

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Overview

Loan Against Mutual Funds: Unlock Your Investment Potential

A Loan Against Mutual Funds allows you to leverage your investments to meet your financial needs without liquidating your assets. At RED FINCORP, we offer customized loan solutions against mutual fund investments, enabling you to access funds quickly while still retaining ownership of your investments. Whether you require funds for a personal project, medical expenses, or business needs, our hassle-free application process ensures you get the support you need in no time.

With competitive interest rates and flexible repayment options, our Loan Against Mutual Funds is designed to provide financial assistance without compromising your investment portfolio. Choose RED FINCORP to unlock the potential of your mutual funds today!

Loan Against Mutual Funds Details

  • Loan Type: Loan Against Mutual Funds
  • Security: Mutual Fund Units
  • Interest Rate: 10% & above*
  • Loan Tenure: Up to 60 months
  • Loan Amount: Up to 80% of the market value of the mutual funds
  • Loan Feature: Quick disbursal, retain ownership of investments

  • Apply Now
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Documents Required for Loan Against Mutual Funds

Please go through and keep the documents ready to expedite the processing of your loan.

  • KYCs (PAN / AADHAR)
  • Investment statement of mutual funds
  • Latest bank statement
  • Income proof (salary slips, tax returns)

Our Lending Partners

ICICI Bank Federal Bank SBI Canara Bank Yes Bank Kotak Mahindra Bank IDFC First Bank Karur Vysya Bank Indian Overseas Bank HDFC Bank

Loan Against Mutual Funds FAQs

Frequently Asked Questions

A: A Loan Against Property is a secured loan where borrowers pledge their residential or commercial property as collateral. Eligible applicants include Salaried individuals, Self-employed professionals, and Business owners. Eligibility criteria typically include age (usually 21-65 years), a stable income source, and a good credit history.

A: Required documents usually include Identity proof (Aadhaar, PAN, Passport), Address proof, Income proof (Salary slips, Bank statements, Income tax returns), property documents (Title deed, Sale agreement, Property Tax Receipts), and, in some cases, recent photographs. Specific document requirements may vary by Banks.

A: Interest rates for loans against mutual funds generally start at around 10% and can vary based on factors such as your credit score and the lender's terms.

A: Interest rates for LAP usually range from 8% to 12% per annum, varying by Bank and Loan tenure. The rate depends on factors like the applicant's Credit score, Income, loan tenure, and the Property’s location and type. Generally, individuals with higher credit scores can secure more favorable interest rates.

A: LAP tenures range from 5 to 20 years, with some Banks offering extended terms based on the borrower’s age and income. Longer tenures reduce the monthly EMI but increase overall Interest costs. Many lenders allow for partial or full prepayment of the loan, but there may be charges for prepaying during the fixed interest rate period. It’s essential to check the Bank’s prepayment policy before signing the loan agreement.

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redfincorp99@gmail.com

+91 99442 64799

About Us

RED FINCORP is your trusted partner for all your financial needs. From personal to business loans, we offer a wide range of solutions to support your financial goals.

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