Features	EMI Based Product	OD Based Product
Mode	Online	Online
Loan Type	EMI-based product where a customer pays a regular EMI every month.	Overdraft based product where customers can pay and debit anytime
ROI	13% IRR	1% to 1.5% per month on the total outstanding. Total outstanding includes Principal and all other charges, excluding interest.
LTV Ratios	1. LTV of 60% for Nifty 50 shares 2. LTV of 50% for non-Nifty 50 shares 3. LTV of 65% for Equity Mutual Funds 4. LTV of 75% for Debt Mutual Funds	1. LTV of 60% for Nifty 50 shares 2. LTV of 50% for non-Nifty 50 shares 3. LTV of 65% for Equity Mutual Funds 4. LTV of 75% for Debt Mutual Funds
Repayment Schedule	Monthly payment of Principal and Interest on the 5th of the Corresponding Month	Interest serving every month on the 5th of the Corresponding Month
Prepayment	NIL	NIL
Loan Amount	Rs. 5,000 to Rs. 1,000,000	Rs. 5,000 to Rs. 1,000,000
Penal Charges	2% per month on total outstanding principal	2% per month on total outstanding principal
Processing Fees	Upto 2% (excluding GST)	Upto 2% (excluding GST)
Repayment Tenure	1 year	Indefinite, renewed every year

Advantages of Getting Loans from Abhi Loans

• Lowest EMI: For your loan against securities, Abhi Loans provide a cheap EMI. For a loan of Rs. 1,000,000, EMIs start at Rs. 1166 per month.

• Instant Acceptance: Receive immediate approval for your loan against securities, which will be paid in four hours. Moreover, they will refund half of your processing fees if they are late!

• No Prepayment Fees: Since there are no prepayment fees associated with your loan, you are free to pay whenever you like.

• Flexible Amounts: Get immediate funding in the range of Rs. 5,000 to Rs. 1,000,000 against your securities.

• Retain Fund Growth: By pledging your assets, you may ensure that your wealth plan and savings continue to develop despite any borrowing.

Direct Transfer to Bank Account: Apply online from the convenience of your home and receive money instantly into any bank account.

Key Features of Abhi Loans Loan Against Mutual Funds

• Quick money on mutual funds as the loan is disbursed in 4 hours. If they delay, then they will return 50% of your processing fee!

• Flexible loan ranges from Rs. 15,000 to Rs. 1,00,00,000 on your mutual funds.

• Enjoy a loan size of up to 75% of your mutual fund unit value.

• Very low EMI on your loans.

• Pay interest only on the used amount.

• Provider for an urgent loan with bad credit in India.

Documents Required for Abhi Loans

• PAN, Aadhar, Address proof

• Approved Shares in Demat Form or Approved Mutual Funds in either Demat Form or Physical

How to Apply For Mutual Funds Loan from Abhi Loans?

You just need to follow 4 simple steps to get your loan from Abhi Loans:

Step 1: Visit the official website of ReferLoan.in

Step 2: Enter your full name and phone and generate OTP to start the lending process.

Step 3: Please fill out the form and submit the necessary documents to complete the KYC..

Step 4: Sit & wait, as your loan will be disbursed into your account within a few hours.

Moreover, for hassle-free loan approval, you can always count on us as we are here to assist you in getting your loan approved within seconds.