Ditch High Interest Debt! Get Loans Against Your Investments | CA Rachana Ranade

"It's 12:00 p.m. of the next morning. But what about loan against mutual fund? Here processing time will be only within 2 hours."

"And if I'm talking about approved debt ETFs, it will be 75 to 85% of your value."

"It is 45% for approved stocks and ETFs?"

"Interest rate could be in the range of 10.5% to 10.9% per annum. Of course, only on what? Only on your outstanding loan amount."

"Ultimately what is the loan tenure? It's three years"

"Number one has to be an Indian citizen. If I'm talking about the age, it should be somewhere between 18 years to 70 years of age. Third, you should have an active PAN card which is linked to your bank account."

"In such a case, of course, you have a risk of losing your holdings because ultimately, please understand, the lender in this example has given you a loan. If you are not able to repay the loan, they will have no choice but to sell off your holdings."

"any gains be it in the nature of dividend or in the nature of bonus you will be eligible for that because ultimately the stocks are in your own portfolio they are in your own holding that is the reason why you'll be able to get all these benefits right"

"can you pledge your holdings Can you sell your pledged holdings? No. Unless and until you repay the loan, you'll not be able to sell the portfolio. Especially the pledged portfolio."

"If you are checking your eligibility uh eligible credit limit with small case, your civil score should not get impacted."

"This is like an overdraft means what? You can take the loan for that security. So basically what you do, you keep stocks, you keep mutual funds as your collateral. And you get a limit from them that you are eligible for XY Z rupees unless and until you actually withdraw that money. You will not be charged any interest. That is why I'm saying that this is like a credit line functionality. You will be charged interest only on the amount that you withdraw."

"If I wanted more loan, what can I do? I can I can top it up by adding more stocks, by adding more mutual funds. So if my portfolio value goes up, obviously I'll be able to top up my loan."

"Minimum loan amount that you can get is 25,000 rupees and maximum is 5 cr rupees."

"small case saves its customers from market movement by introducing a 5% buffer. So here the LTV after taking the loan becomes 50%."

"Principle is flexible. You can pay any time. You can pay any amount. But if it is about interest then interest will be autodebited on a monthly basis."