About 50Fin
Loan against Mutual Funds at just 1% simple interest rate per month | Loan against securities | 100% Digital
50Fin is a revolutionary financial app that offers hassle-free access to instant loans against your mutual fund investments in 7 minutes. With 50Fin, you can unlock the value of your mutual fund portfolio within minutes without the need for complicated paperwork or credit checks.
50Fin offers instant loans on mutual funds without the need for paperwork or a CIBIL score. 7 minutes for approval and disbursal in under 4 working hours, and all it takes is 3 steps.
- Fetch your portfolio
- Lien-mark mutual fund units (pledge)
- Complete the e-mandate & e-agreement for disbursal
With 50Fin, investors now have access to low-interest credit products.
Features of 50Fin
- Instant loan approval in 7 minutes
- No CIBIL score check
- 4 working hours disbursal
- 100% Digital
- Hassle-free and secure
- Zero-pre closure policy.
Example of a Mutual Funds Loan
- Loan Amount - ₹1 lakh
- Interest Rate - 12% per annum (simple interest)
- Tenure - 12 months by default; pre-closure option is available without any penalty fee.
- Monthly Interest Payment - ₹1,000 only 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 ₹1,000
- Total Cost of Loan = ₹12,000 as interest, ₹999 + GST as processing fee
50Fin is a digital lending platform with no cibil check, zero paperwork, and zero foreclosure fee. At 50Fin, we recognized the gap for retail investors in India who want to unlock the value of their securities without selling them.
Eligibility: Loan against MF
- We only offer loans against mutual funds
- Age requirement - Any age group holding mutual funds
- Minimum Mutual Funds Portfolio- ₹50,000
- Bank account with a reputed private or public sector bank
- Nationality - Indian
KYC Documents Required
- Aadhaar card
- PAN card
Why Choose 50Fin
- Secure instant approval based on a portfolio of minimum ₹50,000 in mutual funds.
- We underwrite over 6700+ mutual fund schemes, so we have you covered.
- No CIBIL score check or documents required (PAN copy required if you do not have a valid CKYC)
- Only simple interest - no EMIs, pay a flat 1% monthly rate.
- Our esteemed lending partners are Bajaj Finserv & Cholamandalam Finance.
- No foreclosure charges; can be repaid anytime.
- Seamlessly manage your loan through our App, including payment schedules and more.
Key Points to Remember
- The loan amount is decided and sanctioned based on mutual funds secured as collateral.
- Close your loan at any time, no foreclosure or pre-payment charges
- Annual interest rate – 1% simple interest per month
- Fixed processing fee of ₹ 999 + GST deducted from the loan amount at the time of disbursal.
Lending partner - Bajaj Finserv & Cholamandalam Finance
Website - https://www.50fin.in/
Privacy policy - https://www.50fin.in/Privacy-Policy
Reach out to us - support@50fin.in)
Loan against Mutual Funds at just 1% simple interest rate per month | Loan against securities | 100% Digital
50Fin is a revolutionary financial app that offers hassle-free access to instant loans against your mutual fund investments in 7 minutes. With 50Fin, you can unlock the value of your mutual fund portfolio within minutes without the need for complicated paperwork or credit checks.
50Fin offers instant loans on mutual funds without the need for paperwork or a CIBIL score. 7 minutes for approval and disbursal in under 4 working hours, and all it takes is 3 steps.
- Fetch your portfolio
- Lien-mark mutual fund units (pledge)
- Complete the e-mandate & e-agreement for disbursal
With 50Fin, investors now have access to low-interest credit products.
Features of 50Fin
- Instant loan approval in 7 minutes
- No CIBIL score check
- 4 working hours disbursal
- 100% Digital
- Hassle-free and secure
- Zero-pre closure policy.
Example of a Mutual Funds Loan
- Loan Amount - ₹1 lakh
- Interest Rate - 12% per annum (simple interest)
- Tenure - 12 months by default; pre-closure option is available without any penalty fee.
- Monthly Interest Payment - ₹1,000 only 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 ₹1,000
- Total Cost of Loan = ₹12,000 as interest, ₹999 + GST as processing fee
50Fin is a digital lending platform with no cibil check, zero paperwork, and zero foreclosure fee. At 50Fin, we recognized the gap for retail investors in India who want to unlock the value of their securities without selling them.
Eligibility: Loan against MF
- We only offer loans against mutual funds
- Age requirement - Any age group holding mutual funds
- Minimum Mutual Funds Portfolio- ₹50,000
- Bank account with a reputed private or public sector bank
- Nationality - Indian
KYC Documents Required
- Aadhaar card
- PAN card
Why Choose 50Fin
- Secure instant approval based on a portfolio of minimum ₹50,000 in mutual funds.
- We underwrite over 6700+ mutual fund schemes, so we have you covered.
- No CIBIL score check or documents required (PAN copy required if you do not have a valid CKYC)
- Only simple interest - no EMIs, pay a flat 1% monthly rate.
- Our esteemed lending partners are Bajaj Finserv & Cholamandalam Finance.
- No foreclosure charges; can be repaid anytime.
- Seamlessly manage your loan through our App, including payment schedules and more.
Key Points to Remember
- The loan amount is decided and sanctioned based on mutual funds secured as collateral.
- Close your loan at any time, no foreclosure or pre-payment charges
- Annual interest rate – 1% simple interest per month
- Fixed processing fee of ₹ 999 + GST deducted from the loan amount at the time of disbursal.
Lending partner - Bajaj Finserv & Cholamandalam Finance
Website - https://www.50fin.in/
Privacy policy - https://www.50fin.in/Privacy-Policy
Reach out to us - support@50fin.in)
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