50Fin: Loan on Mutual Funds 2.1.2
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Free Version
Publisher Description
50Fin: Loan on Mutual Funds - Instant Loan Against Mutual Funds | 11% per annum | 7-minute approval
Get ready to unlock the value of your mutual fund investments within 7 minutes. 🚀
50Fin revolutionizes the lending game by offering instant, hassle-free loans against your mutual funds. No paperwork, no credit checks – just fast approvals and disbursal within 4 working hours. It's as easy as 1-2-3:
🔹 Fetch Your Portfolio
🔹 Pledge Your Mutual Funds
🔹 Complete e-Agreement & e-Mandate
With 50Fin, get access to low-interest credit products that empower you to seize opportunities.
Features:
✅ Instant 7-Minute Approval
✅ No Minimum CIBIL Required or Income Proof Required
✅ Money in Your Account Within 4 Hours
✅ 100% Digital, 0% Hassle
✅ Zero Preclosure Charges
Visualize Your Loan Experience:
🔹 Loan Amount: ₹1 lakh
🔹 Interest Rate: 11% per annum (simple interest)
🔹 Tenure: 12 months (pre-closure without penalty)
🔹 Monthly Interest Payment: ₹916.67 for 12 months
🔹Processing Fee: ₹999 + GST
🔹Total Loan Repayment Amount - ₹ 1 lakh + monthly interest amount
🔹At the end of the 12th month, the borrower repays the principal amount in addition to the last interest amount of ₹916.67
🔹Total Cost of Loan = ₹11,000 as interest, ₹999 + GST as processing fee
How does 50Fin Stands Out?
🎯 Instant Approval, No Hassle
Your portfolio is the key to instant approval with a minimum of ₹50,000 in mutual funds.
📈 7,000+ Mutual Funds Covered
We've got your back with a wide array of mutual fund schemes.
🔐 Simple Interest, No EMI
No complexity – just a flat 11% per annum rate. No strings attached!
Eligibility and KYC Checklist:
➡️ Only Mutual Funds Accepted
➡️ Age Range: 18 to 65 years
➡️ Minimum MF Portfolio: ₹50,000
➡️ Indian Nationality & Reputed Bank Account
✅ KYC Documents: Aadhaar, PAN, Selfie Verification
Stay Ahead with 50Fin:
🌟 Partners in Prosperity
Our esteemed partners include Bajaj Finserv& Cholamandalam Finance.
🗓️ Flexible Repayment
Repay anytime with no pre-closure charges.
📱 Manage on the Go
Our app lets you effortlessly manage payments and schedules.
Key Points to Keep in Mind:
✅ Collateral is Your Mutual Fund Portfolio
✅ No Pre-closure Charges, Ever!
✅ 11% Annual Simple Interest
✅ Processing Fee Starts at ₹999 + GST
Lending Partners:
Bajaj Finserv & Cholamandalam Finance
🔗 Visit Our Website: https://www.50fin.in/
🔒 Privacy Policy: https://www.50fin.in/privacy-policy
📧 Contact Us: support@50fin.in
About 50Fin: Loan on Mutual Funds
50Fin: Loan on Mutual Funds is a free app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops 50Fin: Loan on Mutual Funds is Fifty Fintech. The latest version released by its developer is 2.1.2.
To install 50Fin: Loan on Mutual Funds on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2024-04-07 and was downloaded 1 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the 50Fin: Loan on Mutual Funds as malware as malware if the download link to com.fiftyfin.app is broken.
How to install 50Fin: Loan on Mutual Funds on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the 50Fin: Loan on Mutual Funds is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by 50Fin: Loan on Mutual Funds will be shown. Click on Accept to continue the process.
- 50Fin: Loan on Mutual Funds will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
