Now get loan against Mutual fund from HDFC bank through Online – HDFC bank is now offering overdraft/loan facility pledging their Mutual fund under online mode. Check out the step by step process to get the Digital Loans against Mutual Funds (LAMF) by HDFC Bank. Customer may get the credit from the bank instantly.
What are the Benefit of HDFC Bank’s Digital Loans against Mutual Funds (LAMF)
2. HDFC Bank’s Digital LAMF is available against both debt & equity mutual funds.
3. No need to liquidate the mutual fund portfolio. Customers can retain mutual fund portfolios.
4. No CIBIL requirement, even first-time borrowers without credit history can also access loans.
5. Overdraft facility – It means interest is applied only on the amount utilized.
6. The facility is available across the country on HDFC Bank website
7. Renewal/New Loans and Enhancements can be done online.
