Frequently Asked Questions
Loans Against Securities
Yes. With most of our products, you can complete KYC, document verification, e-signatures, and application submission online.
The documents required are Aadhaar and PAN for identity verification and KYC. Additional documents may be requested depending on the product and regulatory requirements.
The application can usually be completed within a few minutes if all required information and documents are readily available. Processing timelines may vary based on verification requirements.
Yes. Shriram Credit follows industry-standard security practices to protect your personal and financial information. Your data is handled in accordance with applicable regulatory and privacy requirements.
Yes. You may apply for multiple products offered by Shriram Credit, subject to product eligibility, internal policies, and applicable regulations.
Shriram Credit combines over 25 years of lending expertise with the trust of the Shriram Group, offering digital financial solutions backed by an established legacy, transparent processes, and customer-focused service.
Loan Against Mutual Fund
Loan Against Mutual Fund (LAMF) is a secured loan where mutual funds are pledged as collateral.
A Loan Against Mutual Funds (LAMF) lets you borrow money by pledging eligible mutual fund units as collateral instead of selling them. Once the units are lien marked, the loan is sanctioned based on the applicable Loan-to-Value (LTV) ratio. You can access funds for your personal needs while your mutual fund investments remain invested and continue participating in market movements, subject to market conditions.
Yes, Shriram Credit’s LAMF is better than a personal loan as it is a secured loan from a trusted NBFC and has competitive interest rates.
The minimum loan amount depends on your portfolio value and the applicable LTV. A person with a portfolio of ₹50,000 or more is eligible to apply.
No. Pledging places a lien on your mutual fund units, but the units remain invested. They continue to earn NAV appreciation and dividends throughout the loan tenure. You simply cannot redeem or sell them until the lien is released; that is, your loan is fully repaid.
At Shriram Credit, equity and debt funds are accepted to be pledged for LAMF.
Yes. LAMF is offered for a fixed tenure. With Shriram Credit, you can choose from 12, 24, and 36 months, allowing you to repay the loan based on your financial requirements and repayment capacity.
With Shriram Credit, you can get your LAMF approved instantly.
Yes. There is no pre-closure or foreclosure charge, so you can repay part or all of it whenever you like.
If the loan is not repaid after several reminders, we have the right to sell the pledged units to recover what is owed.
Borrow Without Breaking What You Built.
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