Loans for
- Home Loan for Buying or Constructing
- Rural Housing Loan
- Home Renovation or Home Extension Loan
- Top-Up Loan
Other Loans available for
- Loan against property
- Loan against Mutual Funds
- Balance Transfer for existing Home Loan
- Gold Loan
- Consolidation of Personal Loans, Car Loan etc into Low interest Housing Loan
Instant LAMF limit within minutes
Interest rate,
at 9% p.a.(on utilized amount)
100% Digital
Process
Large list of Approved Mutual Fund
Loan against Mutual Funds
Don’t Redeem it, Lien it Instead
Avail loan against mutual funds and get the short-term financial assistance you need for any emergency expenses without selling your mutual funds.
Features & Benefits of LAMF:
Get LAMF Limit Online Within Minutes
No need to wait for days. Complete simple steps to get an overdraft limit against mutual funds within minutes using Mobile App
Zero Foreclosure Charges
No lock-in & no foreclosure charges if you decide to repay your outstanding’s early.
Instant Disbursal
LAMF provide access to funds whenever you need them. Get the required amount credited directly to your provided bank account on the same day.
Large List of Approved Securities
Select list of approved mutual funds from different AMCs in India. You can lien mark mutual funds registered with both CAMS & KFintech, RTAs.
100% Digital Process
No need of visiting branches or reaching out to relationship managers. With the LAMF mobile app you can complete your entire journey online without submitting any physical documents.
Retain Ownership
Allow your mutual funds to achieve long-term goals. You continue to retain ownership of your mutual funds and reap all the benefits that are associated with it.
Attractive Interest Rate
Avail loan at an attractive Interest rate starting 9% p.a (on utilized amount) with flexi payment option. Unlike term loans, interest on LAMF is levied only on the amount you use and for the number of days you utilize.
Loan Tenure
The overdraft limit provided against your mutual funds has a tenure of 12 months and is renewed thereafter.
Higher Loan Value
One place for all your financial requirements with a higher limit up to Rs 1Cr in case of equity mutual funds (45% LTV) and up to Rs 3Cr in case of debt mutual funds (80% LTV) Minimum Loan Amount issued 10000/- and fixed Processing Fees 999/- + taxes as applicable
Easy Repayment
Manage your funds with more flexibility. You are required to service the interest amount accrued as per utilization on a monthly basis.
If you wish to know more or want to apply for loan please fill following form & you will get an instant link to proceed.
NRIs From following countries can avail Home Loans
- Singapore
- Middle East Region
- United Kingdom (UK)
Special Scheme For senior citizen to generate regular Income
- Mortgage your residential house to Bank
- Bank will provide you monthly cash flow to you
- You & your spouse can live in the house for entire life
- Nominee has option to pay back loan amount & get back the House.