Loan Against Mutual Funds – Now Available with MS India Financial Services
A Loan Against Mutual Funds (LAMF) is a financial product that allows mutual fund investors to borrow money by using their mutual fund units as collateral. It's a quick and easy way for investors to access funds without selling their investments.
Key Features of Loan Against Mutual Funds:
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Quick Disbursal: Loans are processed faster since you’re offering mutual funds as collateral.
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No Need to Liquidate Investments: You don’t have to sell your mutual fund units to access cash.
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Lower Interest Rates: Since the loan is secured, the interest rates are usually lower compared to unsecured loans like personal loans.
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Flexibility: The loan can be used for various purposes like funding personal needs, business expansion, or even education.
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