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Interest Rates on Loan Against Mutual Funds
LAMF offers lower interest rates as a secured loan with pay-as-you-use interest.
Interest rates on Loan Against Mutual Funds are usually lower than personal loans because the loan is secured against mutual fund units. Rates depend on factors such as fund category, portfolio quality, and lender policies. Borrowers are charged interest only on the amount utilised, not the sanctioned limit. This structure makes LAMF a cost effective option for short term borrowing needs. Apply Now