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Eligibility and Features of Loan Against Mutual Funds With Groww
Groww’s LAMF facility offers quick, lower-cost loans against pledged mutual fund units with minimal documentation and fast processing.
Loan Against Mutual Funds provided through platforms like Groww allows investors to access liquidity against pledged mutual fund units. Key features include relatively lower interest rates compared to unsecured options, minimal documentation, and quick processing. Eligibility typically requires ownership of mutual funds and KYC compliance, and the loan amount is set based on a loan to value ratio determined by current market value. Apply Now