But these banks, NBFCs, usually won’t be the best way to get a loan against your investments, especially if you are a beginner. The process is always lengthy. You have to talk to managers, negotiate and get through tons of paperwork.<\/p>\n
So, below are some of the other platforms you can look into to get better interest rates, customer support, and overall a better experience. Compared to banks.<\/p>\n
MoneyJar<\/a><\/h2>\n![\"\"](\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/10\/moneyjar-loans-against-mutual-funds.png?resize=800%2C435&ssl=1\")
<\/p>\n
MoneyJar is probably the easiest way to get a loan against your mutual fund investments. However, there is one mandatory clause:<\/p>\n
\n- You need an active HDFC bank account.<\/li>\n
- Only CAMS serviced mutual funds<\/a> are applicable for loans.<\/li>\n<\/ul>\n
With MoneyJar, you can get a loan against investments with any AMC which has CAMS as its RTA, such as ICICI, Aditya Birla, HDFC, DSP and more.<\/p>\n
However, AMCs like Axis Mutual Fund won’t be eligible to get a loan via MoneyJar since its RTA is Kfintech, formerly known as Karvy.<\/p>\n
This is the best platform to get a mutual fund overdraft loan if you’re completely new to this and want to keep everything simple. You wouldn’t have to worry about too much paperwork, calls or going through a lengthy process. It’s as simple as it can get with MoneyJar.<\/p>\n
You need to fill out an application form, check your eligibility, and MoneyJar experts will reach out to you when your application is processed. It’s a complete digital, no paperwork process and won’t take weeks to process.<\/p>\n
Once your overdraft limit has been set, you can choose when and how much of the disbursed overdraft amount you wish to transfer into your HDFC bank account. The interest is only applicable to the amount you use from the overdraft limit. Not on the entire loan capital allotted to you. How much of the overdraft limit you use is entirely up to you.<\/p>\n
– If you’re a total beginner, MoneyJar is the best place to get a loan against your mutual funds.<\/p>\n
INDmoney<\/a><\/h2>\n![\"\"](\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/10\/INDmoney-laon-against-investments.png?resize=800%2C480&ssl=1\")
<\/p>\n
<\/p>\nWith MoneyJar, you can get a loan against investments with any AMC which has CAMS as its RTA, such as ICICI, Aditya Birla, HDFC, DSP and more.<\/p>\n
However, AMCs like Axis Mutual Fund won’t be eligible to get a loan via MoneyJar since its RTA is Kfintech, formerly known as Karvy.<\/p>\n
This is the best platform to get a mutual fund overdraft loan if you’re completely new to this and want to keep everything simple. You wouldn’t have to worry about too much paperwork, calls or going through a lengthy process. It’s as simple as it can get with MoneyJar.<\/p>\n
You need to fill out an application form, check your eligibility, and MoneyJar experts will reach out to you when your application is processed. It’s a complete digital, no paperwork process and won’t take weeks to process.<\/p>\n
Once your overdraft limit has been set, you can choose when and how much of the disbursed overdraft amount you wish to transfer into your HDFC bank account. The interest is only applicable to the amount you use from the overdraft limit. Not on the entire loan capital allotted to you. How much of the overdraft limit you use is entirely up to you.<\/p>\n
– If you’re a total beginner, MoneyJar is the best place to get a loan against your mutual funds.<\/p>\n
INDmoney<\/a><\/h2>\n<\/p>\n
<\/p>\n![\"\"](\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/10\/Zerodha-capital-.png?resize=800%2C405&ssl=1\")
<\/p>\n![\"\"](\"https:\/\/i0.wp.com\/aayushbhaskar.com\/wp-content\/uploads\/2021\/10\/Platforms-to-Get-Loan-Against-Investments-in-india.png?w=800&ssl=1\")
","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"![\"\"](\"https:\/\/aayushbhaskar.com\/wp-content\/uploads\/2021\/10\/Platforms-to-Get-Loan-Against-Investments-in-india.png\")
","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":1,"featured_media":4350,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[12],"tags":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/aayushbhaskar.com\/wp-content\/uploads\/2021\/10\/Platforms-to-Get-Loan-Against-Investments-in-india.png","acf":[],"yoast_head":"\n