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PhonePe confirms mutual fund loan feature in official announcement
PhonePe’s official announcement reinforces its move into secured lending through mutual fund-backed digital loan offerings.
An official PhonePe press release confirmed the launch of Loans Against Mutual Funds in partnership with DSP Finance. The product allows users to unlock liquidity while retaining ownership of their mutual fund units. Digital lien marking and quick disbursement are key features of the offering. This aligns with broader fintech trends favoring secured lending models. Apply Now