Financial emergencies can pop up any time in state-of-the-art international of fast-paced living—whether or not for personal spending, business increase, education, scientific treatment, or investment purposes. The conventional loan is an choice, yes, but that is usually followed by using lengthy approval instances, high hobby, and the need for collateral. A wiser and quicker answer is a Loan Against Mutual Funds (LAMF).
With SwipeLoan, you’re able to avail of a mortgage from ₹50,000 to ₹5 Crore in opposition to your mutual fund holdings without having to liquidate your investments. Here is the guide to the advantages, eligibility, method, and why you should opt for SwipeLoan to your necessities.
What is a Loan Against Mutual Funds?
A Loan Against Mutual Funds is a secured mortgage wherein your mutual fund units are used as a collateral with the aid of the lender. You do now not want to promote your mutual finances; they are persevered to be invested and also you acquire instantaneous liquidity.
This way, you’re able to satisfy your instant cash wishes with out disrupting your long-term wealth era plan. After repaying the loan, your mutual fund devices are again to you.
Why a Loan Against Mutual Funds?
1. Quick Liquidity Without Forcing You to Sell Investments
Selling mutual budget attracts capital profits tax and stops your compounding boom in its tracks. A loan against them lets in you to maintain your portfolio but nonetheless get instant access to funds.
2. Large Loan Amounts – Up to ₹5 Crore
With SwipeLoan, based on the size of your holdings, you may avail ₹50,000 to ₹5 Crore in a totally trouble-free technique.
3. Low-Interest Rates
With recognize to personal loans or credit playing cards, a mortgage towards mutual price range affords lower interest charges, for this reason an economical approach of borrowing.
4. Quick Approval & Disbursal
After verifying and pledging your mutual fund holdings, the cash is credited to your bank account—inside hours in maximum cases.
5. No End-Use Restrictions
You can make use of the cash for any purpose—enterprise, education, excursion, medical desires, or home repairs.
Eligibility Criteria for Loan Against Mutual Funds
To borrow against mutual finances at SwipeLoan, you should fulfill the below situations:
1.Age: 18 years and older
2.Nationality: Resident Indian
3.Ownership: You must be the first holder of the mutual fund devices
4.Mutual Fund Type: Only registered mutual fund schemes may be pledged
Documents Required
It is straightforward to apply for a loan in opposition to mutual funds and minimal documents are required:
1.KYC Documents – Aadhaar Card, PAN Card
2.Bank Account Proof – Cancelled cheque or financial institution declaration
3.Mutual Fund Statement – Latest assertion of holdings
How Does the Loan Against Mutual Funds Process Work?
Step 1 – Apply Online
Visit SwipeLoan.In and fill out the net application shape.
Step 2 – Mutual Fund Verification
Provide your mutual fund info; our machine will verify your holdings and eligible mortgage amount.
Step 3 – Pledge Your Units
Your mutual fund units are pledged in favour of SwipeLoan under the depository.
Step 4 – Loan Disbursal
When the pledge is obtained, the sanctioned mortgage quantity is credited to your bank account.
Loan Amount & Interest Rates
Loan quantity is primarily based on the Net Asset Value (NAV) of your mutual fund and the Loan-to-Value (LTV) limit imposed by means of the lender. Generally:
Equity Mutual Funds – Up to 50% of the NAV
Debt Mutual Funds – 70–80% of the NAV
SwipeLoan gives you ₹50,000 to ₹five Crore at affordable hobby charges.
Beneifts of Loan Against Mutual Funds through SwipeLoan
1.Preserve Your Investments – Your mutual finances remain intact and recognize in value.
2.Flexible Repayment – Set reimbursement tenure as according to your convenience.
3.No Hidden Charges – Clear terms and situations.
4.Multiple Schemes Eligible – Loans towards a selection of mutual fund schemes.
5.Expert Guidance – Our cash specialists recommend you along the way.
Example Scenario
Suppose you maintain ₹20 lakh debt mutual price range. At an LTV rate of 75%, you may avail a mortgage of up to ₹15 lakh. You nonetheless earn interest/dividends on your investment, and pay lower back the mortgage in handy installments.
When to Opt for a Loan Against Mutual Funds?
You may avail an LAMF in the following situations: Urgent clinical prices
1.Business operating capital necessities
2.Covering education fee costs
3.Home improvement or purchase
4.Financing tour preparations
5.Settling high-hobby debt
Why SwipeLoan is the Best Option
SwipeLoan provides quick, adaptable, and sincere loans against mutual funds with: Instant disbursement
1.Transparent charges
2.Flexible compensation schedules
3.Customer-centric attitude
We make sure which you acquire price range when you maximum require them, with minimum delay.
Conclusion
A Loan Against Mutual Funds is the handiest means of enjoyable your monetary wishes without liquidating your investments. With SwipeLoan, you can avail ₹50,000 to ₹5 Crore instantly, at aggressive interest rates, and with minimum documentation.
So, in case you are in want of speedy cash with out disturbing your lengthy-time period funding method, observe now at SwipeLoan and understand the entire capacity of your mutual fund investments. Know More To Connect Team Swipeloan.in.
