Loan Against Mutual Funds

(LAMF) is a loan offered to customers against lien of Mutual Funds. Piramal NBFC

It is a Flexi Loan – Payment made in one or more installments, allowing clients to take out cash as needed. Only the amount that has been used during the usage period is subject to interest charges.

To avail this product, all you have to do is to, Lien/pledge your Mutual Funds and get access to liquidity.

Our Loan against Mutual Fund offers you double benefits – Easy access to funds up to Rs.2 crore while earning Compound Annual Growth Rate (CAGR) on your financial holdings.

Other Benefits of Product

  • Loan at your Doorstep
    • Account activation within 15 minutes.
    • Online lien marking facility
  • Hassle Free process
    • Minimal Credit process – No financials Required for Loans up to 1 Cr.
    • Funds withdrawal (Including Saturday and Sundays)
  • Minimal Processing Fees and No Foreclosure Charges.
  • Wide Range of collateral, Higher LTVs against debt funds.
  • Presence in Top 50 Cities of India, with personalize RM Services.

Loan Against Equity/Stock

It can be a great way to get quick access to cash.

Benefits of Loan Against Equity/Stock with Piramal Enterprises Ltd.

  • The loan can be used for any purpose.
  • The interest rate on loan secured by shares is typically lower than that of other loan kinds.
  • The loan can be used in any way you choose.
  • The loan is simple to apply for.
  • It’s quick to have the loan approved.
  • Collateral for further loans may be obtained using the loan.
  • Repayment of the debt can take longer.
  • You are able to deduct interest from your taxes related to the loan.
  • One may use the loan to invest in business or purchase shares.
  • loan against several equities is available to you.