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Abhi Loans Against Mutual Funds

Here are a few factors

How To Apply
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Features

EMI Based Product

OD Based Product

Mode

Online

Online

Loan Type

EMI-based product where a customer pays a regular EMI every month.

Overdraft based product where customers can pay and debit anytime

ROI

13% IRR

1% to 1.5% per month on the total outstanding. Total outstanding includes Principal and all other charges, excluding interest.

Prepayment

NIL

NIL

Loan Amount

Rs. 5,000 to Rs. 1,000,000

Rs. 5,000 to Rs. 1,000,000

Penal Charges

2% per month on total outstanding principal

2% per month on total outstanding principal

Processing Fees

Upto 2% (excluding GST)

Upto 2% (excluding GST)

Repayment Tenure

1 year

Indefinite, renewed every year
Work Process

Save Your Time with a Simple Loan Process

01
Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

02
Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

03
Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

04
Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will receive your loan amount shortly.

Right Documents - Easy Process

Required Documents to Apply for Abhi loans

PAN Card

Aadhaar Card

Driving Licence

Voter ID

Passport

Registered rent agreement

Current passport size photograph

Salaried income documents

Self Employed person documents

Note : Abhi Loans Against Mutual Funds may ask for additional documents based on the applicant’s profile. The above list is for reference purposes only.

Documents Required & Eligibility

  • PAN, Aadhar, Address proof
  • Approved Shares in Demat Form or Approved Mutual Funds in either Demat Form or Physical
  • Single mutual fund unit holders can borrow a loan.
  • Indian residents and NRIs, Individuals between 18 and 75 years. Above 75 years those who provide a medical certificate.
  • Provider for an urgent loan with bad credit in India.

Advantages of Getting Loans

  • For your loan against securities, Abhi Loans provide a cheap EMI. For a loan of Rs. 1,000,000, EMIs start at Rs. 1166 per month.
  • No Prepayment Fees: Since there are no prepayment fees associated with your loan, you are free to pay whenever you like.
  • Flexible Amounts: Get immediate funding in the range of Rs. 5,000 to Rs. 1,000,000 against your securities.
  • Retain Fund Growth: By pledging your assets, you may ensure that your wealth plan and savings continue to develop despite any borrowing.

Key Features of Abhi Loans Loan Against Mutual Funds

  • Quick money on mutual funds as the loan is disbursed in 4 hours. If they delay, then they will return 50% of your processing fee!
  • Flexible loan ranges from Rs. 15,000 to Rs. 1,00,00,000 on your mutual funds.
  • Enjoy a loan size of up to 75% of your mutual fund unit value.
  • Very low EMI on your loans.
Apply for Loan

Let us take an example, How EMI is being calculated

For instance, if "Shubham" applies for a Abhi Loan Mutual Funds Loan of INR 1 Lacs and get the loan sanctioned at the rate of 15 % with a tenure range of 36 Months , in such a case his EMI would be INR 3,467 and complete repayment amount till the end of 36 Months tenure would be INR 1,24,795 (i.e 3,467 EMI * 36 Months), wherein the total interest amount is INR 24,795 along with principal repayment of INR ₹1,24,795 . Few additional charges like those of minimal one-time processing fee Upto 2% (excluding GST) of loan amount may apply. T&C apply.
Year Principal
(A) 		Interest
(B) 		Total Payment
(A + B) 		Balance Loan Paid To Date
2022 ₹ 11,363 ₹ 5,969 ₹ 17,333 ₹ 88,637 11.36%
Aug ₹ 2,217 ₹ 1,250 ₹ 3,467 ₹ 97,783 2.22%
Sep ₹ 2,244 ₹ 1,222 ₹ 3,467 ₹ 95,539 4.46%
Oct ₹ 2,272 ₹ 1,194 ₹ 3,467 ₹ 93,267 6.73%
Nov ₹ 2,301 ₹ 1,166 ₹ 3,467 ₹ 90,966 9.03%
Dec ₹ 2,329 ₹ 1,137 ₹ 3,467 ₹ 88,637 11.36%
2023 ₹ 30,332 ₹ 11,266 ₹ 41,598 ₹ 58,305 41.70%
Jan ₹ 2,359 ₹ 1,108 ₹ 3,467 ₹ 86,278 13.72%
Feb ₹ 2,388 ₹ 1,078 ₹ 3,467 ₹ 83,890 16.11%
Mar ₹ 2,418 ₹ 1,049 ₹ 3,467 ₹ 81,472 18.53%
Apr ₹ 2,448 ₹ 1,018 ₹ 3,467 ₹ 79,024 20.98%
May ₹ 2,479 ₹ 988 ₹ 3,467 ₹ 76,545 23.45%
Jun ₹ 2,510 ₹ 957 ₹ 3,467 ₹ 74,036 25.96%
Jul ₹ 2,541 ₹ 925 ₹ 3,467 ₹ 71,495 28.51%
Aug ₹ 2,573 ₹ 894 ₹ 3,467 ₹ 68,922 31.08%
Sep ₹ 2,605 ₹ 862 ₹ 3,467 ₹ 66,317 33.68%
Oct ₹ 2,638 ₹ 829 ₹ 3,467 ₹ 63,679 36.32%
Nov ₹ 2,671 ₹ 796 ₹ 3,467 ₹ 61,009 38.99%
Dec ₹ 2,704 ₹ 763 ₹ 3,467 ₹ 58,305 41.70%
2024 ₹ 35,208 ₹ 6,390 ₹ 41,598 ₹ 23,097 76.90%
Jan ₹ 2,738 ₹ 729 ₹ 3,467 ₹ 55,567 44.43%
Feb ₹ 2,772 ₹ 695 ₹ 3,467 ₹ 52,795 47.20%
Mar ₹ 2,807 ₹ 660 ₹ 3,467 ₹ 49,988 50.01%
Apr ₹ 2,842 ₹ 625 ₹ 3,467 ₹ 47,147 52.85%
May ₹ 2,877 ₹ 589 ₹ 3,467 ₹ 44,270 55.73%
Jun ₹ 2,913 ₹ 553 ₹ 3,467 ₹ 41,356 58.64%
Jul ₹ 2,950 ₹ 517 ₹ 3,467 ₹ 38,407 61.59%
Aug ₹ 2,986 ₹ 480 ₹ 3,467 ₹ 35,420 64.58%
Sep ₹ 3,024 ₹ 443 ₹ 3,467 ₹ 32,397 67.60%
Oct ₹ 3,062 ₹ 405 ₹ 3,467 ₹ 29,335 70.67%
Nov ₹ 3,100 ₹ 367 ₹ 3,467 ₹ 26,235 73.76%
Dec ₹ 3,139 ₹ 328 ₹ 3,467 ₹ 23,097 76.90%
2025 ₹ 23,097 ₹ 1,169 ₹ 24,266 ₹ 0 100.00%
Jan ₹ 3,178 ₹ 289 ₹ 3,467 ₹ 19,919 80.08%
Feb ₹ 3,218 ₹ 249 ₹ 3,467 ₹ 16,701 83.30%
Mar ₹ 3,258 ₹ 209 ₹ 3,467 ₹ 13,443 86.56%
Apr ₹ 3,298 ₹ 168 ₹ 3,467 ₹ 10,145 89.86%
May ₹ 3,340 ₹ 127 ₹ 3,467 ₹ 6,805 93.19%
Jun ₹ 3,381 ₹ 85 ₹ 3,467 ₹ 3,424 96.58%
Jul ₹ 3,424 ₹ 43 ₹ 3,467 ₹ 0 100.00%

FREQUENTLY ASKED QUESTIONS

In a loan against mutual funds, your mutual funds are kept as the security or collateral.

As you obtain a fast loan with a low credit score to receive money for an emergency, the units will continue to make returns.

The customer can satisfy all of their personal and investment demands, as well as address any contingencies, financial requirements, or investment needs. It is the best method for obtaining liquidity without selling the securities.

There’s no as such age requirement, but typically, one must be above 18 years of age and must hold a mutual fund as an asset.

The ROI on your loan can vary from 13.00% to 16.00%. It will be confirmed once your loan is approved.

For the KYC purpose, ensure to keep the following documents handy: PAN Card, Address Proof (Aadhaar / Driving License / Passport / Voters Id) Applicant Photo, Applicant Signature Bank Proof (Name printed cheque leaf /Bank statement )