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