Loan Against Mutual Fund

Loan Against Mutual Fund
Loan against mutual fund is a kind of a secured Loan
Where an investor pledges his MF units to borrow fund to meet his financial and personal need without selling his portfolio.
Loan Eligibility
50% of current value of the total investment units(Equity+Hybrid+dibt)
Interest rate 11% Per annum
Maximum duration 24 Month
Secured Loan
In the case of secured loan a banker besides verifying the future solvency of the borrower asks for the charge over property of the borrower so that in the event of failure by the borrower to repay the banker can sell the property of the borrower charged to him and recover the moneys.
                                                                                                                    pramod kumar
                                                                                                                   7903812430

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