Interest Charged Only on What You Use

LAMF reduces borrowing costs by charging interest only on utilised amounts instead of the full approved limit.

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Interest Charged Only on What You Use

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Interest Charged Only on What You Use
LAMF reduces borrowing costs by charging interest only on utilised amounts instead of the full approved limit.
Unlike traditional loans with fixed EMIs, a loan against mutual funds charges interest only on the amount actually used. This reduces borrowing costs when funds are needed intermittently rather than all at once. Such flexibility makes LAMF suitable for planned short-term funding. 
Explore details at https://www.discvr.ai/lamf.
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