{"id":15569,"date":"2026-01-19T17:51:54","date_gmt":"2026-01-19T12:21:54","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=15569"},"modified":"2026-01-20T11:37:46","modified_gmt":"2026-01-20T06:07:46","slug":"faqs-loans-against-mutual-funds-on-smallcase","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/faqs-loans-against-mutual-funds-on-smallcase\/","title":{"rendered":"FAQs: Loans Against Mutual Funds on Tickertape"},"content":{"rendered":"\n<p>Welcome to a comprehensive FAQs guide for Loan Against <a href=\"https:\/\/www.tickertape.in\/blog\/mutual-funds\/\">Mutual Funds<\/a> on Tickertape. As Loan Against Mutual Funds is our new offering, we understand you may have various questions \u2013 from its eligibility to its potential use cases. Rest assured, we\u2019re here to provide you with the answers you\u2019re looking for!<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tickertape.in\/blog\/faqs-loans-against-mutual-funds-on-smallcase\/#Get-your-loan-queries-resolved-quickly\" title=\"Get your loan queries resolved quickly\">Get your loan queries resolved quickly<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tickertape.in\/blog\/faqs-loans-against-mutual-funds-on-smallcase\/#Getting-Started-with-Loans-Against-Mutual-Funds\" title=\"Getting Started with Loans Against Mutual Funds\">Getting Started with Loans Against Mutual Funds<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tickertape.in\/blog\/faqs-loans-against-mutual-funds-on-smallcase\/#Need-urgent-cash-Apply-for-a-loan-against-mutual-funds\" title=\"Need urgent cash? Apply for a loan against mutual funds\">Need urgent cash? Apply for a loan against mutual funds<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tickertape.in\/blog\/faqs-loans-against-mutual-funds-on-smallcase\/#Credit-Limit-Calculation\" title=\"Credit Limit Calculation\">Credit Limit Calculation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tickertape.in\/blog\/faqs-loans-against-mutual-funds-on-smallcase\/#Application-Process\" title=\"Application Process\">Application Process<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.tickertape.in\/blog\/faqs-loans-against-mutual-funds-on-smallcase\/#Adding-Mutual-Fund-Holdings-to-Check-Loan-Eligibility\" title=\"Adding Mutual Fund Holdings to Check Loan Eligibility&nbsp;\">Adding Mutual Fund Holdings to Check Loan Eligibility&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.tickertape.in\/blog\/faqs-loans-against-mutual-funds-on-smallcase\/#-Loan-Amount-Confirmation\" title=\"&nbsp;Loan Amount Confirmation\">&nbsp;Loan Amount Confirmation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.tickertape.in\/blog\/faqs-loans-against-mutual-funds-on-smallcase\/#Linking-Bank-Account\" title=\"Linking Bank Account\">Linking Bank Account<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.tickertape.in\/blog\/faqs-loans-against-mutual-funds-on-smallcase\/#Pledging-Mutual-Funds\" title=\"Pledging Mutual Funds\">Pledging Mutual Funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.tickertape.in\/blog\/faqs-loans-against-mutual-funds-on-smallcase\/#Signing-Agreement\" title=\"Signing Agreement&nbsp;\">Signing Agreement&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.tickertape.in\/blog\/faqs-loans-against-mutual-funds-on-smallcase\/#Loan-Disbursal\" title=\"Loan Disbursal\">Loan Disbursal<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.tickertape.in\/blog\/faqs-loans-against-mutual-funds-on-smallcase\/#Managing-Your-Loan\" title=\"Managing Your Loan\">Managing Your Loan<\/a><\/li><\/ul><\/nav><\/div>\n<h3 class=\"wp-block-heading\" id=\"-get-your-loan-queries-resolved-quickly-\"><span class=\"ez-toc-section\" id=\"Get-your-loan-queries-resolved-quickly\"><\/span>Get your loan queries resolved quickly<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><a href=\"support@tickertape.in\">Chat with us<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"getting-started-with-loans-against-mutual-funds\"><span class=\"ez-toc-section\" id=\"Getting-Started-with-Loans-Against-Mutual-Funds\"><\/span><strong>Getting Started with Loans Against Mutual Funds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol>\n<li><strong>What is a Loan Against Mutual Funds?&nbsp;<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Loan Against Mutual Funds is a type of loan where you can borrow money by using your mutual fund investments as collateral.<\/li>\n<\/ul>\n\n\n\n<ol start=\"2\">\n<li><strong>How is it different from other loans?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Unlike some loans that might require property or a steady income or a <a href=\"https:\/\/www.tickertape.in\/blog\/get-an-instant-loan-without-credit-score\/\">credit score<\/a> as security, a loan against mutual funds uses your investments as collateral. Additionally, you only pay monthly interest on the borrowed amount, and you can choose when to repay the principal.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ol start=\"3\">\n<li><strong>How much loan can I take against my mutual fund investments?&nbsp;<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>The loan amount depends on the value of the mutual funds you will keep as collateral. You can avail a loan against mutual funds from Rs. 25,000 to Rs. 5 crore.<\/li>\n<\/ul>\n\n\n\n<ol start=\"4\">\n<li><strong>How long can I take the loan for?&nbsp;<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>The default tenure of the loan is 36 months. &nbsp;<\/li>\n<\/ul>\n\n\n\n<ol start=\"5\">\n<li><strong>What will my monthly payments look like?&nbsp;<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>On a monthly basis, you only pay interest at the rate of 9.99% p.a. on the outstanding loan amount. For instance, if you have an outstanding loan of \u20b91 lakh, your monthly payment would be (1 lakh) x (9.99\/12)\/100) = Rs. 833.<\/li>\n<\/ul>\n\n\n\n<ol start=\"6\">\n<li><strong>Can this loan be used as a credit line?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Absolutely! Loan against mutual funds can be used as a credit line i.e. you can borrow and repay from a predetermined credit line multiple times without re-applying for a new loan each time you need cash.<\/li>\n<\/ul>\n\n\n\n<ol start=\"7\">\n<li><strong>How long will the application process and disbursement take?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>If you meet the loan eligibility criteria and have sufficient mutual fund holdings to avail a loan, the entire process from application to disbursement should be completed in 2 working hours.<\/li>\n<\/ul>\n\n\n\n<ol start=\"8\">\n<li><strong>How are my mutual funds impacted?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>After you avail a loan, your mutual funds will be pledged as collateral to the lender. You can continue to <a href=\"https:\/\/www.tickertape.in\/blog\/why-should-you-prioritise-investing\/\">invest<\/a> and earn returns\/dividends, but you won\u2019t be able to sell\/redeem your mutual funds.<\/li>\n<\/ul>\n\n\n\n<ol start=\"9\">\n<li><strong>Does checking my credit limit affect my credit score?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Your credit score is not impacted if you simply calculate your credit limit before availing of a loan against mutual funds on Tickertape. Since the loan is dependent on your mutual fund investments, no third party is involved in reviewing your credit rating.<\/li>\n<\/ul>\n\n\n\n<ol start=\"10\">\n<li><strong>What is the process of taking LAMF?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Import your mutual fund investments &amp; select the mutual funds you want to use as collateral \u2192 Add a bank account for receiving funds and set up a mandate for monthly interest auto-debit \u2192 Pledge your mutual funds \u2192 Sign online loan agreement.<\/li>\n<\/ul>\n\n\n\n<ol start=\"11\">\n<li><strong>How can I repay the loan?&nbsp;<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Visit the loan servicing dashboard click on the \u2018Repay cash\u2019 button, and enter the amount you want to repay. Remember, you can make the repayments at any time before the end of your loan tenure.<\/li>\n<\/ul>\n\n\n\n<ol start=\"12\">\n<li><strong>How can I close the loan?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>You can close your loan any time you want without any foreclosure or hidden charges. Head over to the help section of your loan dashboard or reach out to our support team to request loan closure.<\/li>\n<\/ul>\n\n\n\n<ol start=\"13\">\n<li><strong>Who is actually giving the loan?&nbsp;<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Currently, <a href=\"https:\/\/www.tickertape.in\/blog\/scanning-bajaj-finance-limited\/\">Bajaj Finance<\/a> Limited is offering the loan on the Tickertape platform.<\/li>\n<\/ul>\n\n\n\n<ol start=\"14\">\n<li><strong>Is my data secure with Tickertape?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Yes, your data is completely secure. To know more about our privacy policy, click&nbsp;<a href=\"https:\/\/www.tickertape.in\/meta\/privacy\">here<\/a>.<\/li>\n<\/ul>\n\n\n\n<ol start=\"15\">\n<li><strong>Are my smallcase investments eligible for a loan?&nbsp;<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>No, currently only your mutual funds are eligible to avail a loan from the Tickertape app or website.<\/li>\n<\/ul>\n\n\n\n<p>16.&nbsp;<strong>What are the minimum and maximum required age for availing a <a href=\"https:\/\/www.tickertape.in\/blog\/loan-against-mutual-funds\/\">loan against mutual fund<\/a>?<\/strong><\/p>\n\n\n\n<ul>\n<li>You should be between 18 years to 70 years of age.<\/li>\n<\/ul>\n\n\n\n<p>17.&nbsp;<strong>Can I avail loan against mutual funds held in a joint account?<\/strong><\/p>\n\n\n\n<ul>\n<li>Yes, you can avail of a loan against mutual funds which are held by joint holders. However, as a part of the loan application journey, a co-borrower form has to be signed physically, and the same has to be sent to the lender\u2019s office for record-keeping purposes. We are working with a lender for a digital process in such a scenario.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"-need-urgent-cash-apply-for-a-loan-against-mutual-funds-\"><span class=\"ez-toc-section\" id=\"Need-urgent-cash-Apply-for-a-loan-against-mutual-funds\"><\/span>Need urgent cash? Apply for a loan against mutual funds<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><a href=\"https:\/\/www.tickertape.in\/loan-against-mutual-funds\">Start Now<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"credit-limit-calculation\"><span class=\"ez-toc-section\" id=\"Credit-Limit-Calculation\"><\/span><strong>Credit Limit Calculation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol>\n<li><strong>Which mutual funds are eligible for a loan?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>To be eligible for a loan, your mutual funds need to belong to the<a href=\"https:\/\/assets.smallcase.com\/gateway\/las\/bfl-approved-mf.pdf\" rel=\"nofollow noopener\" target=\"_blank\">&nbsp;list of eligible mutual funds<\/a>&nbsp;prescribed by the lender.<\/li>\n<\/ul>\n\n\n\n<ol start=\"2\">\n<li><strong>How is the credit limit calculated?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>The credit limit is calculated by taking a percentage of the current <a href=\"https:\/\/www.tickertape.in\/blog\/market-value\/\">market value<\/a> of the mutual funds you wish to pledge. This percentage is 45% for <a href=\"https:\/\/www.tickertape.in\/blog\/what-is-equity\/\">equity<\/a> MFs and 75% for debt MFs.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ol start=\"3\">\n<li><strong>What information is needed to calculate credit limit? Will Tickertape share my data?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>To calculate your credit limit, we will need your PAN, phone number, and email address linked to your mutual fund holdings. Rest assured \u2013 Tickertape doesn\u2019t share user data with any third party so your data is completely secure.<\/li>\n<\/ul>\n\n\n\n<ol start=\"4\">\n<li><strong>Will checking the credit limit impact my CIBIL score? Is it a hard check?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Checking your credit limit does not have any impact on your CIBIL score, however, it is a necessary step in order to determine your loan eligibility.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>5.&nbsp;<strong>Why are some of my funds not eligible for a loan?<\/strong><\/p>\n\n\n\n<ul>\n<li>Some of your mutual funds may not be eligible for a loan if they: are tax-saver <a href=\"https:\/\/www.tickertape.in\/blog\/how-to-invest-in-elss\/\">ELSS funds<\/a> under a lock-in of 3 years, are already pledged, or are not part of the lender\u2019s approved list of eligible funds.<\/li>\n<\/ul>\n\n\n\n<p>6.&nbsp;<strong>I have mutual funds yet my eligible limit is being shown 0. Why?<\/strong><\/p>\n\n\n\n<ul>\n<li>This could happen if: the total value of mutual funds is low, MFs are tax saver ELSS funds under a lock-in of 3 years, MFs are already pledged, or MFs are not part of the lender\u2019s approved list of eligible funds.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"application-process\"><span class=\"ez-toc-section\" id=\"Application-Process\"><\/span><strong>Application Process<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol>\n<li><strong>What documents will be needed to apply for the loan?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Applying for a loan against mutual funds is a completely digital and paperless process. You\u2019ll need only your PAN and Aadhar for the KYC process. Additionally, the phone number\/email address linked to your mutual funds.<\/li>\n<\/ul>\n\n\n\n<ol start=\"2\">\n<li><strong>What are the steps of applying?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Calculate your Credit Limit \u2192 Import your mutual fund investments &amp; select the mutual funds you want to use as collateral \u2192 Add a bank account for receiving funds and set up a mandate for monthly interest auto-debit \u2192 Pledge your mutual funds \u2192 Sign online loan agreement.<\/li>\n<\/ul>\n\n\n\n<ol start=\"3\">\n<li><strong>What happens if I drop off from the application in between?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>If you drop off, you can resume your application from that point at any time.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ol start=\"4\">\n<li><strong>What are the terms and conditions of the application?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Remember that your mutual funds will be pledged after availing of a loan, so you can\u2019t sell\/redeem such pledged mutual funds. The monthly interest on the outstanding loan amount will be auto-debited from the bank account you provide. Late payment interest and bounce charges are applicable in case of delay or failure of monthly interest payments.<\/li>\n<\/ul>\n\n\n\n<ol start=\"5\">\n<li><strong>What are some things to make sure of while applying?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>For accurate loan amount calculation, ensure that you are providing all email addresses or mobile numbers linked to your mutual funds, in case of multiple email IDs\/ numbers.<\/li>\n<\/ul>\n\n\n\n<p>6.&nbsp;<strong>What are the charges\/processing fees?<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th><strong>Type of fee<\/strong><\/th><th><strong>Applicable charges<\/strong><\/th><\/tr><\/thead><tbody><tr><td><a href=\"https:\/\/www.tickertape.in\/blog\/flat-interest-rate-vs-reducing-balance-interest-rate\/\">Interest rate<\/a><\/td><td>9.99% p.a.<\/td><\/tr><tr><td>Processing fee<\/td><td>Rs. 999 or 1% of loan amount whichever is higher upto a maximum of Rs. 4999 (<a href=\"https:\/\/www.tickertape.in\/blog\/what-is-gst\/\">GST<\/a> applicable)<br>Example \u2013<br>loan less than 1 lakh: Rs. 999 + GST<br>loan between 1 to 5 lakh: 1% of sanctioned amt + GST<br>loan greater than 5 lakh: Rs. 4999 + GST<\/td><\/tr><tr><td>Late Payment Interest<\/td><td>Penal Interest is charged @ 2% per month<\/td><\/tr><tr><td>Bounce charges (for failed interest payment)<\/td><td>Rs. 1200 per bounce<\/td><\/tr><tr><td>Part-prepayment charges<\/td><td>NIL<\/td><\/tr><tr><td>Foreclosure charges<\/td><td>NIL<\/td><\/tr><tr><td>Mandate inactive charges<\/td><td>NIL<\/td><\/tr><tr><td>Mandate verification (charged by your bank)<\/td><td>As charged by your bank (typically between Rs. 0 to Rs. 150)<\/td><\/tr><tr><td>Lien removal charges (if requested after taking loan)<\/td><td>NIL<\/td><\/tr><tr><td>Lien removal charges (if loan is canceled before disbursement)<\/td><td>Actual processing fee applicable<\/td><\/tr><tr><td>Collection\/legal Charges (in case of default)<\/td><td>At actuals<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"adding-mutual-fund-holdings-to-check-loan-eligibility\"><span class=\"ez-toc-section\" id=\"Adding-Mutual-Fund-Holdings-to-Check-Loan-Eligibility\"><\/span><strong>Adding Mutual Fund Holdings to Check Loan Eligibility&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol>\n<li><strong>Why are my holdings being reimported?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Your mutual fund holdings are being reimported to calculate the actual loan you would be eligible for if you decide to pledge them.<\/li>\n<\/ul>\n\n\n\n<ol start=\"2\">\n<li><strong>Which email address and phone number should I use to fetch holdings?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>To fetch mutual fund holdings serviced by CAMS, use the email address registered with your investment in the folio. For mutual funds serviced by KFin, enter the registered phone number. To check the email &amp; phone numbers associated with your mutual fund investments, view your Consolidated Account Statement&nbsp;<a href=\"https:\/\/www.camsonline.com\/Investors\/Statements\/Consolidated-Account-Statement\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a>.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"loan-amount-confirmation\"><span class=\"ez-toc-section\" id=\"-Loan-Amount-Confirmation\"><\/span><strong>&nbsp;Loan Amount Confirmation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol>\n<li><strong>Why is my calculated credit limit different from earlier?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>The loan amount you might be eligible for may be lower than your previous credit limit if your mutual funds are:\n<ul>\n<li>Blacklisted by the lender\/AMC<\/li>\n\n\n\n<li>Currently pledged<\/li>\n\n\n\n<li>ELSS funds under a 3-year lock-in<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ol start=\"2\">\n<li><strong>Can I decide which mutual funds to pledge?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Yes, you will get a list of mutual funds which are eligible for a loan and you can select the ones you want to pledge from this list.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ol start=\"3\">\n<li><strong>The units of some of my mutual funds are less than my actual holdings. Why?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>This can happen when some of your MF units are locked from selling for a certain period of time. For example, tax-saving funds have a lock-in period of 3 years. Such locked-in units cannot be used as collateral.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"linking-bank-account\"><span class=\"ez-toc-section\" id=\"Linking-Bank-Account\"><\/span><strong>Linking Bank Account<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol>\n<li><strong>Why do I have to link a bank account?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Your linked bank account is used to receive approved loans and make hassle-free monthly interest payments through auto-debit and flexible repayments.<\/li>\n<\/ul>\n\n\n\n<ol start=\"2\">\n<li><strong>Why is e-mandate required?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>E-mandate is required for the auto-collection of interest on a monthly basis. This helps in incurring any penalties due to late monthly interest payments.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>3.&nbsp;<strong>I am getting an invalid IFSC error. What should I do<\/strong>?<\/p>\n\n\n\n<ul>\n<li>Confirm that you are entering the correct IFSC code. If that still does not work, please contact support, we\u2019ll try to resolve your issue as soon as possible.<\/li>\n<\/ul>\n\n\n\n<p>4.&nbsp;<strong>A white popup keeps loading while setting up e-mandate?<\/strong><\/p>\n\n\n\n<ul>\n<li>You have to enable third-party cookies to set up the e-mandate. Go to the browser settings, enable third-party cookies, and retry the process. Once the mandate setup flow is complete, you may disable it.<\/li>\n<\/ul>\n\n\n\n<p>5.&nbsp;<strong>I have set up a mandate but don\u2019t want to take a loan. What to do?<\/strong><\/p>\n\n\n\n<ul>\n<li>If you have set up a mandate but haven\u2019t pledged mutual funds yet, you can simply close the process and cancel the e-mandate from your bank\u2019s net banking portal. Your partial loan application will not be submitted to the lender.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"pledging-mutual-funds\"><span class=\"ez-toc-section\" id=\"Pledging-Mutual-Funds\"><\/span><strong>Pledging Mutual Funds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol>\n<li><strong>What happens when I pledge mutual funds?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>The mutual funds are lien marked in the favour of the lender i.e. that they are kept as collateral with the lender.<\/li>\n<\/ul>\n\n\n\n<ol start=\"2\">\n<li><strong>Can I invest more\/exit my mutual funds if pledged?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Once the mutual funds are pledged, you cannot exit or sell such holdings until you close the loan but you can continue your regular investments.<\/li>\n<\/ul>\n\n\n\n<ol start=\"3\">\n<li><strong>When will my funds be unpledged?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Once you repay any outstanding dues and close the loan, your mutual funds will be unpledged.<\/li>\n<\/ul>\n\n\n\n<ol start=\"4\">\n<li><strong>Does paying back the loan partially unpledge some mutual funds?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Partial unpledging of mutual funds is currently not possible. You\u2019ll have to repay all dues and close the loans to unpledge all the mutual funds in one go. We plan to provide partial unpledging of mutual funds soon.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ol start=\"5\">\n<li><strong>What are the tax implications of pledging?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>There will be no changes with respect to tax considerations for the pledged mutual funds. There would be a change of duration for calculating capital gains tax only if the mutual funds are unpledged and sold by the client, or if the mutual funds are confiscated by the lender.<\/li>\n<\/ul>\n\n\n\n<p>6.&nbsp;<strong>My mutual funds got pledged but I don\u2019t want to take a loan anymore.<\/strong><\/p>\n\n\n\n<ul>\n<li>If you haven\u2019t e-signed the loan agreement after pledging mutual funds, you can reach out to our dedicated customer support team to unpledge your investments. However, keep in mind that a minimal lien removal charge of Rs. 500 will be availed for the same.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"signing-agreement\"><span class=\"ez-toc-section\" id=\"Signing-Agreement\"><\/span><strong>Signing Agreement&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol>\n<li><strong>The screen is stuck at \u201cGenerating your Agreement\u201d screen. What should I do?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>If the screen is stuck for longer than a couple of minutes, please contact the support team and we\u2019ll assist you as soon as possible.<\/li>\n<\/ul>\n\n\n\n<ol start=\"2\">\n<li><strong>How do I sign the agreement?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>On the lender\u2019s agreement screen, scroll to the bottom of the page and verify the OTP to sign the agreement.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"loan-disbursal\"><span class=\"ez-toc-section\" id=\"Loan-Disbursal\"><\/span><strong>Loan Disbursal<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol>\n<li><strong>How long does it take for the amount to get disbursed?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>After the application process is completed, the loan amount will be disbursed to your bank account in a couple of hours.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ol start=\"2\">\n<li><strong>What happens post the loan application is submitted?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Once you submit your loan application, the lender will verify the details. If everything is in order, your application will be approved, and you\u2019ll receive the funds in 2 working hours.<\/li>\n<\/ul>\n\n\n\n<ol start=\"3\">\n<li><strong>It\u2019s been more than the mentioned time and I haven\u2019t received my loan yet. What to do?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>If your loan application is taking too long to process, please contact our support team and we\u2019ll resolve your issue as soon as possible.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"managing-your-loan\"><span class=\"ez-toc-section\" id=\"Managing-Your-Loan\"><\/span><strong>Managing Your Loan<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol>\n<li><strong>Where can I manage my loan once active?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>You can go to the \u2018Credit\u2019 tab on the Tickertape app to view and manage your repayments, withdrawals, etc. in one place.<\/li>\n<\/ul>\n\n\n\n<ol start=\"2\">\n<li><strong>How are my monthly dues deducted?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>Monthly interest payments will be auto-debited from the bank account on which you had set up the e-mandate.<\/li>\n<\/ul>\n\n\n\n<ol start=\"3\">\n<li><strong>How can I pay back the loan fully\/partially?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>You have the flexibility to repay the loan at any time. Visit the \u2018Credit\u2019 tab on the Tickertape app to view the Loan Dashboard and tap on the \u2018Repay Cash\u2019 button to pay back the loan. Choose the amount you want to repay and you\u2019re done!&nbsp;<\/li>\n<\/ul>\n\n\n\n<ol start=\"4\">\n<li><strong>How does withdrawal work?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>After you\u2019ve repaid the entire or part of your principal, your credit line is restored and you can withdraw cash, starting from a minimum Rs. 1,000 up to the total amount of principal you\u2019ve repaid i.e. you can get cash without applying for a new loan. Note that as you withdraw, there will be a monthly interest on the total withdrawn amount.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ol start=\"5\">\n<li><strong>What happens if I fail to pay my monthly instalments?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>If you miss an interest payment, you have to pay a bounce charge of Rs. 1200. A late interest payment of 2% per month will be charged on the due interest amount from the due date until the date of the next payment.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ol start=\"6\">\n<li><strong>What happens if the value of my mutual funds suddenly drops?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>The amount that you have withdrawn or the outstanding loan amount cannot be greater than 45% of the pledged equity MFs and 85% of the pledged debt MFs. Let\u2019s say you\u2019ve pledged equity funds worth Rs 1,000. So, you can borrow up to Rs 450 against your equity funds (45% of Rs 1000). Now, if the value of the equity MFs drops to Rs. 900, you\u2019re only eligible for 45% of this amount as a loan which is Rs. 405. So, if your outstanding loan amount is Rs. 450, you\u2019ll need to repay Rs. 45 to bring your loan back within the allowed levels.<\/li>\n<\/ul>\n\n\n\n<ol start=\"7\">\n<li><strong>What are the cases where my mutual funds can be liquidated?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>If the value of your pledged mutual funds falls and your outstanding loan amount becomes greater than the loan-to-value of the mutual funds, you have to repay a certain outstanding amount such that your loan-to-value comes back within allowed limits.<\/li>\n\n\n\n<li>If you\u2019re not able to pay this amount in 7 days, the lender may recover this amount by liquidating your pledged MFs after notifying you.&nbsp;<\/li>\n\n\n\n<li>In addition to this, your mutual funds may be liquidated if the total outstanding amount is not paid by the end of the 3-year loan tenure.<\/li>\n<\/ul>\n\n\n\n<ol start=\"8\">\n<li><strong>How can I close my loan?<\/strong><\/li>\n<\/ol>\n\n\n\n<ul>\n<li>You can request for loan closure from the &#8220;Credit&#8221; tab or by reaching out to the<a href=\"http:\/\/support@tickertape.in (opens in a new tab)\" rel=\"nofollow\"> support team<\/a>. If there is no outstanding amount, your pledged mutual funds will be released and your loan account will be closed as soon as possible without any foreclosure or hidden charges.&nbsp;<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>Welcome to a comprehensive FAQs guide for Loan Against Mutual Funds on Tickertape. As Loan Against Mutual Funds is our new offering, we understand you may have various questions \u2013 from its eligibility to its potential use cases. Rest assured, we\u2019re here to provide you with the answers you\u2019re looking for! Get your loan queries<\/p>\n","protected":false},"author":137,"featured_media":15581,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[],"acf":[],"modified_by":"Ayushi Gangwar","jetpack_featured_media_url":"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2025\/02\/LAMF_Blog-Introductory-1.png?wsr","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/15569"}],"collection":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/users\/137"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/comments?post=15569"}],"version-history":[{"count":10,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/15569\/revisions"}],"predecessor-version":[{"id":17691,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/15569\/revisions\/17691"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media\/15581"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media?parent=15569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/categories?post=15569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/tags?post=15569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}