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Rapid approval loans against mutual funds gain traction on PhonePe
PhonePe’s instant LAMF offering highlights rising demand for quick, secured borrowing without selling mutual fund investments.
PhonePe has introduced a fast approval Loan Against Mutual Funds feature, allowing users to secure credit within minutes by pledging mutual fund holdings. The service is designed to address urgent liquidity requirements while keeping long-term investments intact. Credit limits and interest rates vary based on portfolio value and lender terms. As awareness rises, LAMF is increasingly seen as a smarter alternative to liquidation. Apply Now