Loan Against Mutual Funds
Eligibility
Eligibility Criteria:
At AbhiLoans, we strive to make the borrowing process simple and accessible for everyone. To ensure a fair and transparent lending system, we have established certain eligibility criteria. Before applying for a loan with AbhiLoans, please review the following requirements:
- You should be at least 18 years old.
- You should have a valid PAN & Aadhaar Card
- You should have a valid email ID & mobile number
- You should be a resident Indian individual
We encourage you to provide accurate and complete information during the application process to increase your chances of approval. If you have any further questions regarding the eligibility criteria or the loan application process, please feel free to contact our customer support team.
FAQs on Eligibility
Most frequent questions and answers
You are eligible for taking a loan against your mutual funds if you fulfill the below listed criterias:
- You should be a resident Indian individual
- You should have a valid bank account number and internet banking access
- You should have a valid PAN & Aadhaar Card
At Abhiloans, we offer loans against your mutual funds without conducting credit score checks.
The minimum value of your portfolio should be close to Rs. 25,000 to get a loan against your mutual funds.
Yes. The availability of a loan against mutual funds does not depend on your source of income. The value of your mutual funds will allow you to secure a loan even without a regular source of income.
The mutual funds that are held jointly are not available for pledging online. You can connect with our support team to pledge to know the process to pledge them offline.