Interest rates starting at 9%
Borrow from trusted banks or NBFCs at low-interest rates.
Withdraw flexibly
Withdraw as per your need, and pay only as per usage. No hidden charges.
Repay easily
Make monthly interest-only payments & repay the principal as per convenience.
Secure & paperless
Hassle-free usage from a mobile phone. We ensure safety through secure integrations with partners.
Eligibility
- You should be between 18 and 65 years of age.
- Your entire mutual fund portfolio should not be less than ₹50,000.
- You should hold Mutual Funds approved with CAMS & Kfintech (RTAs). Debt & ELSS funds (units held > 3 years) are also eligible.
- Joint mutual fund holders are not eligible for loan.
- You should be an Indian resident.
There is no minimum credit score or income requirement.
Borrowing Limit
You can choose to set up any line amount ranging from Rs. 25,000 to Rs. 1 crore.
Yes! You read it right, you can create lines up to 1 crore digitally in 5 minutes.
Repayment Schedule
Yes, you can choose to repay when you want. The credit line facility offers 100% flexibility for principal repayment. Only the interest needs to be repaid after month ends.
Document Required
The whole process if 100% digital, hence you don’t need any document in physical form. For quick processing, please keep below handy:
- PAN card number
- Email ID associated with CAMS and KARVY
- Bank accounts details for account verification and receiving money
- A debit card or net banking details for mandate setup