Loan Against Mutual Funds
Interest Rates

At Abhiloans, we strive to provide transparent and competitive rates and fees to our valued customers. Here is a breakdown of the rates and fees associated with our loan products: 

 Rate of Interest (Flat or Reducing) *8% to 24% Per Annum
 Loan Tenure12 to 36 Months (Renewal Basis)
 Loan Processing Fee2% of the Sanctioned Loan Amount or ₹ 1000 + GST (whichever is higher)
 Installment Bouncing Charges₹ 500 + GST
 Pre-closure ChargesNil
 Repayment ScheduleNil
 Pre-payment in Part or FullNil
 Late payment/ Delay/Overdue interest charges2% Per Month on Overdue Amount
 CIBIL Report Retrieval FeeNil
 Legal Notice
 Legal Charges
As Per Actuals
 No Due Certificate (NDC)/No
 Objection Certificate (NOC)
 Duplicate NOC
 Pledge Creation Fees
 De-Pledge FeesNil
 Commitment  Charges / Non-Utilization Fee (Applicable for Overdraft Facility) Cheques/ACH swappingNil
₹ 500 + GST
 Non-Registration of NACH₹ 1500 + GST Every Month
 e-NACH cancellation without enabling alternative e-NACH₹ 1500 + GST Every Month

We believe in maintaining transparency regarding our rates and fees. To obtain the most accurate and up-to-date information on rates and fees for your specific loan requirements, we recommend reaching out to our customer service team.

FAQs on Rates & Charges

Most frequent questions and answers

When you take out a loan against your mutual funds, the interest on the loan is generally charged monthly. To calculate the interest on the loan, the lender usually applies the interest rate to the outstanding loan balance.

Yes. We charge 2.36% of the loan amount or flat Rs. 1180 (whichever is higher) as processing fees. This includes all the taxes.

No. The interest rate won’t get changed during the loan tenure.

No, Abhiloans do not charge any prepayment charges or penalties

Apart from interest rate and processing fees, we do not have any additional or hidden charges for loans against mutual funds. You can refer to our Schedule Of Charges page.

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Loan Against Mutual Funds Lead