Rs. 25,000 to Rs. 50 crore
Check your pre-approved offer and other benefits
Enter mobile and OTP | Check offer | Know your exact EMI
Loan Against Mutual Fund Emi Calculator
Disclaimer
Results generated by the calculator(s) are indicative in nature. The interest rate applied on the loan will depend on the prevailing rates at the time of loan booking.
The calculator(s) is not intended to provide its users/ customers with results that are either certified by Bajaj Finance Limited (“BFL”) or are an obligation, assurance, warranty, undertaking or commitment, financial and professional advice by BFL, under any circumstances. The calculator(s) is only a tool that assists the users/ customers arrive at the results of various illustrative scenarios generated from data input by the user/ customer. The use of the calculator is entirely at the risk of the user/ customer, BFL is not responsible for any reason, for any errors in any outcome resulting from the use of the calculator.
Loan against mutual fund EMI calculator
-
A loan against mutual funds EMI calculator is a simple yet powerful tool that helps you estimate your monthly repayments before you borrow. It gives you clarity on how much you need to pay every month, allowing you to plan your finances better and avoid repayment stress. By adjusting key inputs, you can choose an EMI that fits comfortably within your budget.
How the EMI calculator works:- Requires only three inputs: loan amount, interest rate, and tenure
- Instantly calculates your monthly EMI based on these details
- Helps you visualise your repayment obligation before applying
Why it is useful for borrowers:- Enables better financial planning by showing exact monthly outflow
- Allows you to compare different loan scenarios بسهولة
- Helps in selecting the most cost-effective borrowing option
Flexibility and customisation:- You can increase tenure to reduce your EMI burden
- Or reduce tenure to save on total interest payable
- Adjust combinations to match your repayment capacity
Key benefit:Offers a clear picture of your financial commitment, helping you make informed decisions while opting for a loan against securities.
How is interest calculated on loan against mutual funds?
-
A loan against mutual funds works like a flexible overdraft facility. You can withdraw funds as needed, and interest is charged only on the utilized amount. The interest is calculated daily and deducted monthly. This daily interest rate is determined by dividing the annual interest rate by 365.
For instance, if you withdraw Rs. 50,000 at a 10.49% annual interest rate, the daily interest would be approximately 0.0287%. Over 30 days, the total interest accrued would be around Rs. 430.50.
You can make partial payments to reduce the outstanding principal and, consequently, the interest payable.
How to use the loan against mutual funds calculator?
-
Using a LAMF calculator is quick and user-friendly. It helps you calculate EMI instantly and understand your repayment structure before applying for a loan.
Follow these simple steps:- Enter the loan amount: Input the amount you plan to borrow against your mutual funds
- Add the interest rate: Fill in the applicable interest rate offered by the lender
- Select the tenure: Choose the repayment duration based on your financial comfort
- Click on 'calculate EMI': The LAMF calculator will instantly display your monthly instalment
Optimise your results:- Adjust the tenure to see how it impacts your EMI
- Compare different interest rate scenarios for better planning
- Choose an EMI that aligns with your monthly cash flow
Why this matters:- Helps you calculate EMI accurately before borrowing
- Enables smarter financial decisions with clear visibility on repayment
- Ensures you select a loan structure that suits your budget without stress
Other Calculators
Frequently asked questions
Overview
Calculation
Repayment
What factors affect the EMI of a loan against mutual funds?
The EMI of a loan against mutual funds depends on factors such as the loan amount, interest rate, repayment tenure, and type of mutual funds pledged. A longer tenure may reduce monthly EMIs but increase total interest payable. Changes in interest rates and repayment structure can also influence the final EMI amount.
Can I prepay my loan against mutual funds?
Yes, many lenders allow borrowers to prepay a loan against mutual funds before the scheduled tenure ends. However, prepayment terms, charges, or foreclosure conditions may vary depending on the lender’s policies. Investors should review loan agreements carefully to understand applicable fees and repayment flexibility before opting for early repayment.
What is the minimum and maximum amount I can borrow against mutual funds?
The minimum and maximum loan amount against mutual funds depends on the lender’s policies, the type of mutual funds pledged, and the applicable Loan-to-Value (LTV) ratio. Equity mutual funds and debt mutual funds may have different borrowing limits. Loan eligibility also depends on portfolio value and collateral quality.
Can I check EMIs for different mutual fund types?
Yes, borrowers can estimate EMIs for different mutual fund types using a loan against mutual funds EMI calculator. The EMI may vary depending on the pledged fund category, loan amount, interest rate, and repayment tenure. Comparing EMI estimates across equity and debt mutual funds can help in better financial planning.
How does the loan against mutual funds EMI calculator work?
A loan against mutual funds EMI calculator estimates monthly repayments based on inputs such as loan amount, interest rate, and repayment tenure. The calculator automatically computes the approximate EMI and may also display total repayment and interest payable. It helps borrowers compare repayment scenarios and plan finances before applying for the loan.
What information do I need to use the EMI calculator?
To use a loan against mutual funds EMI calculator, borrowers generally need details such as the estimated loan amount, applicable interest rate, and preferred repayment tenure. Some calculators may also consider the type and value of mutual funds pledged. Providing accurate inputs helps generate more realistic EMI estimates for financial planning.
Is the EMI calculated accurately for the final approved loan?
The EMI shown by the calculator is usually an estimate based on the information entered by the user. The final EMI may differ depending on the lender’s approved loan amount, applicable interest rate, tenure, processing charges, and other loan terms. Borrowers should verify final repayment details during loan approval and documentation.
Does the calculator show total interest payable?
Yes, many loan against mutual funds EMI calculators also display the estimated total interest payable along with the monthly EMI and total repayment amount. This helps borrowers understand the overall borrowing cost before taking the loan. Actual interest payable may vary depending on the lender’s final approved loan terms and repayment structure.
Do all loans against mutual funds require EMI-based repayment?
No, not all loans against mutual funds follow an EMI-based repayment structure. Some lenders may offer flexible repayment options such as interest-only payments during the tenure with principal repayment at maturity. Repayment methods generally depend on the lender’s policies, loan structure, and borrower agreement terms.
Related articles
Disclaimer
Results generated by the calculator(s) are indicative in nature. The interest rate applied on the loan will depend on the prevailing rates at the time of loan booking.
The calculator(s) is not intended to provide its users/ customers with results that are either certified by Bajaj Finance Limited (“BFL”) or are an obligation, assurance, warranty, undertaking or commitment, financial and professional advice by BFL, under any circumstances. The calculator(s) is only a tool that assists the users/ customers arrive at the results of various illustrative scenarios generated from data input by the user/ customer. The use of the calculator is entirely at the risk of the user/ customer, BFL is not responsible for any reason, for any errors in any outcome resulting from the use of the calculator.