Quick loan against mutual fund

Loan Against Mutual Funds allows individuals to leverage their mutual fund investments as collateral, with the loan amount being determined by the value of the pledged mutual funds.

Loan Against Mutual Funds is usually offered as a facility where the withdrawable amount and/ or credit limit varies based on the portfolio value of the security being pledged, unlike term loans with a fixed loan amount.

Your credit limit is determined based on the current value of mutual funds held by you. For this, we require your PAN and the phone number associated with your mutual fund holdings. It's important to note that checking your credit limit does not affect your credit score; however, it is a crucial step in determining your eligibility for the loan.

Eligibility criteria may include factors such as the type and value of the mutual funds being pledged, the borrower's credit score and the loan-to-value ratio set by Jio Credit Limited. Further, the customer shall be aged between 18-75 years and be an Indian citizen.

Jio Credit Limited offers Loan Against Mutual Funds only to Indian citizens.