You can avail of a loan against mutual funds by lien marking the 5000 + funds. Click here to check our approved list of mutual funds.

The loan-to-value currently offered against mutual funds are as follows:

For Mutual Funds: up to 80%

Please note that the above are subject to change depending upon the applicable regulations and internal policies of BFL.

The tenure of the loan is up to 36 months. Any renewal of the loan/ facility shall be at the sole discretion of BFL.

For sanctioning loans against mutual funds, we have 5000 + approved schemes, units of which are acceptable to BFL. The list of approved securities may be modified by BFL from time to time as per the internal policies and procedures of BFL.

For any assistance with regard to a loan against securities you can write to us at las.support@bajajfinserv.in.

Yes, it is possible. You may make a part-prepayment or foreclose the entire loan before the end of the tenure.

You can view the list of securities pledged by you to BFL by viewing the IVR (Interim Valuation Report) available under View Statements in the LAS service section.

BFL offers loans up to 80% of the value of your funds, where the valuation of your funds is updated every 5 mins. Hence, if the value of your funds increases during the tenure of the loan, the eligible pre-assigned loan limit will increase. Similarly in case the value of fund falls, the pre-assigned loan limit will reduce proportionally. This would be subject to “Sanction limit” not getting breached.

To raise a request for additional disbursement, please choose the 'Disbursement Request’ option in the Loan against Securities Service Section available under the ‘My Relations’ tab.

Please note it is subject to LTV being continued to be maintained with respect to the securities pledged and principal outstanding.

For mutual fund schemes, it is updated at the end of every day.

Interest on a loan against mutual funds facility is payable monthly.

No. The interest is charged only on the loan amount that you have drawn down or the outstanding loan amount.

The interest cycle is calculated from the 7th day of each calendar month to the 6th day of the succeeding month. Interest due towards a loan against securities is generated on the 7th of every month.

All AMCs registered with CAMS (Computer Age Management Services) and K-Fin Technology (Registrar) can be pledged to avail of a loan against mutual funds.

Opening a loan against mutual funds account through the Bajaj Finserv App with respect to individual Borrowers and which is subject to successful KYC completion.

For easy and smooth onboarding, we recommend keeping the below documents handy:

- PAN card
- Proof of Identity and Address (Aadhaar, Passport, Driving Licence, Voter ID etc.)
- Fund holding statement

1. Share your holding statement at Las.support@bajajfinserv.in
2. Lien letter shall be prepared by us on the free units & sent back to via mail along with Bajaj Covering letter for your attestation
3. Shares the docs back with us at Las.support@bajajfinserv.in & your lien request letter will then further be submitted to the AMC
4. AMC will review and lien mark post verification

*Final loan amount shall be calculated basis of the units & price of effective lien marked mutual funds.

Post successful execution of agreement and additional documents as required by BFL, and lien marking of mutual funds, the loan amount will be disbursed to your registered bank account within minimal time.

80% LTV is always required to be maintained for loan against funds facility. LTV may alter as a result of regulatory Changes. Any shortfall in the maintenance of the 80% LTV occurring on account of movement in the fund prices shall be filled within 7 business days.

Further, in case the Loan to Value falls more than 85% then BFL will go ahead with the liquidation of mutual funds with an intimation to the Borrower.

You can repay the shortfall or mark lien on additional mutual funds to make the shortfall good.

In case you fail to fulfil the shortfall within 7 business days, Bajaj Finance Limited holds the right to sell the lien marked mutual funds to make good the shortfall.

You can release securities, provided you are not in shortfall and have excess withdrawable funds available. The request will be processed within minimal time post-verification.

To avail loan against mutual fund, an individual should be between 18 years to 65 years of age.

A loan against a mutual fund is a type of borrowing that allows individuals to avail of a loan from a lender by pledging their mutual fund units as collateral.

The major risk associated with taking a loan against mutual funds is the possibility that the value of the pledged units may fall and result in the borrower needing to pledge additional mutual funds or repay the loan. If the borrower fails to repay the loan amount, the lender may liquidate the mutual fund units to recover the amount owed.

The terms and conditions of the loan depend on the lender.