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How to get a loan against mutual fund?

Wednesday, August 30, 2017, 10:55 AM

Loan against your equity or hybrid mutual fund units could be taken from a bank or a non-banking finance company by pledging your mutual fund units. You can pay back the loan at the interest rate agreed with the financier. Depending on the quantum of loan you take and the tenure, the interest rate could be anywhere between 10-11% on these mutual fund units.
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Benefits of PPF: #4 Withdrawal and loan facilities

Tuesday, July 11, 2017, 11:03 AM

Investors can avail loan facility on the PPF account. The loan is repayable within 36 months and the rate of interest on the loan is 2% higher than the prevailing PPF rate. In case the investor needs to withdraw after availing the loan facility, the amount of loan will be factored when computing the amount that can be withdrawn.
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Avail loan with low credit score: #2 Collateral loans

Monday, May 22, 2017, 2:58 PM

Collateral loans are taken against assets such as shares, movable and immovable property, fixed deposits, gold, PPF, etc. However, the interest rate could vary based on the type of financial product you pledge. Your credit score often ends up determining the rate of interest of your loan. If you have low score, lending institutions may give you a loan at a higher interest rate.

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